ESTRELLA RESOURCES LIMITED — Major Shareholding Notification 2015

Apr 12, 2015

604 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Estrella Resources Limited Name/Scheme ACN/ARSN 151 155 207

1. Details of substantial holder (1)

Name Black Swan Global Pty Limited ACN/ARSN (if applicable) 150 204 792

The holder became a substantial holder on 31/03/2015

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

older are as follows:
Class of securities (4)ORDINARY SHARES	Number of securities	Person’s votes (5)	Voting power (6)
	17,900,000	17,900,000	13.03%

3. Details of relevant interests

The nature of the relevant interest of the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and numberof securities
Black Swan Global PtyLtd	Registered Holder	17,900,000Ordinary

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 2 above are as follows:

Holder of relevant interest	Registered holder ofsecurities	Person entitled to beregistered as holder(8)	Class and numberof securities
Black Swan Global PtyLimited (as trustee foran investment trust)	Black SwanGlobal PtyLimited	Black SwanGlobal PtyLimited	17,900,000Ordinary

604 Page 2 of 2 15 July 2001

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of	Consideration (9)		Class and number of
	acquisition			securities
		Cash	Non-cash
Black Swan Global
Pty Limited (as	31 March	$125,300		17,900,000
trustee for an	2015			Ordinary
investment trust)

6. Associates

The reasons the persons named in paragraph 3 above are associated of the substantial shareholder are as follows:

Name and ACN/ARSN (if applicable) Nature of association NOT APPLICABLE

7. Addresses

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

Name	Address
Black Swan Global PtyLimited	PO Box N80 Grosvenor Place NSW 1320

Signature

print name	Richard Shemesian	capacity	SUBSTANTIAL SHAREHOLDER
sign here		date	2 April 2015

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4)

  • The voting shares of a company constitute one class unless divided into separate classes.

• (5) The total number of votes attached to all voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7)

  • Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  • See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.