EV RESOURCES LTD — Major Shareholding Notification 2020

Apr 8, 2020

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

Jadar Resources Limited

ACN/ARSN

009 144 503

1. Details of substantial holder (1)

Name Sunshore Holdings Pty Ltd

ACN/ARSN (if applicable) 085 692 468

The holder became a substantial holder on

23 12 2019 / /

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:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Fully Paid Ordinary Shares	55,461,473	55,461,473	10.57%
Unlisted Options @ $0.02	8,750,000	-	-
expiry, 22/12/20

3. Details of relevant interests

The nature of the relevant interest 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:

llows:
Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Refer Annexure A

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number
interest	securities	registered as holder (8)	of securities
Refer Annexure B

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	Date of acquisition	Consideration (9)	Consideration (9)		Class and number
interest					of securities
		Cash		Non-cash
Sunshore Holdings Pty Ltd		average $0.02			3.1 million

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