ENCOUNTER RESOURCES LIMITED — Major Shareholding Notification 2020

Dec 21, 2020

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Encounter Resources Limited

ACN/ARSN 109 815 796

1. Details of substantial holder (1)

Name IGO Limited (ACN 092 786 304) ( IGO ) and each of the entities listed in Annexure A ACN/ARSN (if applicable) See Annexure A

There was a change in the interests of the substantial holder on 16/12/2020 The previous notice was given to the company on 14/11/2018 The previous notice was dated 14/11/2018

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a

relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary shares	24,000,000	9.15%	25,700,000	8.14%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
10/07/2019	IGO	Shares purchased as part of a share placement announced to ASX on 8 July 2019.	$127,500.00	1,700,000	1,700,000
16/12/2020	IGO	Dilution	n/a	n/a	n/a

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
IGO	IGO	IGO	Registered holder of the shares	25,700,000 ordinary shares	25,700,000

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
IGO and each company listed in Annexure A	Suite 4, Level 5, South Shore Centre, 85 South Perth Esplanade, South Perth, Western Australia

Signature

print name sign here	JOANNE MCDONALD capacity Company Secretary
	date 22/12/2020

ANNEXURE A

This Annexure A of 1 page referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 December 2020.

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Joanne McDonald Company Secretary IGO Limited (ACN 092 786 304)

Related bodies corporate of IGO Limited (ACN 092 786 304)

IGO Nova Holdings Pty Ltd (ACN 009 150 083) IGO Nova Pty Ltd (ACN 146 091 527) IGO Europe Pty Ltd (ACN 167 644 519) IGO Stockman Parent Pty Ltd (ACN 124 695 549) IGO Stockman Project Pty Ltd (ACN 124 695 567) IGO Windward Pty Ltd (ACN 158 432 270) IGO Newsearch Pty Ltd (ACN 142 192 701) Flinders Prospecting Pty Ltd (ACN 146 899 863) IGO Lithium Holdings Pty Ltd (ACN 633 371 249) Independence Group Europe AB (entity registered in Sweden)