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EVOLUTION MINING LIMITED Major Shareholding Notification 2024

Mar 19, 2024

64885_rns_2024-03-19_6351cb2c-d5d3-40c4-a037-d03f64d706c7.pdf

Major Shareholding Notification

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604 GUIDE page 1/1 13 March 2000

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Evolution Mining Limited

ACN/ARSN 084 669 036

1. Details of substantial holder (1)
Name
Van Eck Associates Corporation(and
its associates referred to in paragraph 6).
ACN/ARSN (if applicable)
N/A
There was a change in the interests of the
substantial holder on
15/03/2024
The previous notice was given to the company on
20/09/2023
The previous notice was dated
19/09/2023
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:
Previous notice Present notice
Class of securities (4)
Person’s votes
Voting power(5) Person’s votes Voting power(5)
Ordinaryshares
220,164,356
11.98% 210,750,048 10.61%
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 togive a substantial holdingnotice to the companyor 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
Van Eck Associates
Corporation(VEAC)
See Annexure 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
VEAC Bank of New York
Mellon as custodian
for ESB Pension Fund
GDX
ESB Pension Fund
GDX(ESBGDX)
VEAC holds its relevant
interest by having the
power 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 in the
ordinary course of
investment management
business.
Ordinary shares
1,790,409
0.09%

ME_219131221_2

VEAC State Street Bank and
Trust Company as
custodian for VanEck
Gold Miners ETF
VanEck Gold Miners
ETF(GDX)
Same as above Ordinary shares
113,640,102
5.72%
VEAC State Street Australia
Limited as custodian
for VanEck Gold
Miners ETF (AU)
VanEck Gold Miners
ETF (GDXAU)
Same as above. Ordinary shares
2,518,514
0.13%
VEAC State Street Bank and
Trust Company as
custodian for VanEck
Junior Gold Miners
ETF
VanEck Junior Gold
Miners ETF (GDXJ)
Same as above. Ordinary shares
56,049,923
2.82%
VEAC State Street Australia
Limited as custodian
for VanEck MSCI
Australian Sustainable
Equity ETF
VanEck MSCI
Australian
Sustainable Equity
ETF (GRNVAU)
Same as above. Ordinary shares
429,977
0.02%
VEAC State Street Bank and
Trust Company as
custodian for VanEck
Natural Resources
ETF
VanEck Natural
Resources ETF
(HAP)
Same as above. Ordinary shares
89,382
0.01%
VEAC State Street Bank and
Trust Company as
custodian for VanEck
International Investors
Gold Fund
VanEck International
Investors Gold Fund
(IIG)
Same as above. Ordinary shares
7,914,787
0.4%
VEAC State Street Australia
Limited as custodian
for VanEck S&P/ASX
Midcap ETF
VanEck S&P/ASX
Midcap ETF
(MVE.AU)
Same as above. Ordinary shares
1,810,735
0.09%
VEAC State Street Australia
Limited as custodian
for VanEck Australian
Resources ETF
VanEck Australian
Resources ETF
(MVR.AU)
Same as above. Ordinary shares
2,761,858
0.14%
VEAC State Street Australia
Limited as custodian
for VanEck Australian
Equal Weight ETF
VanEck Australian
Equal Weight ETF
(MVW.AU)
Same as above. Ordinary shares
9,043,545
0.46%
VEAC State Street Custodial
Services (Ireland)
Limited as custodian
for VanEck Global
Mining UCITS ETF
VanEck Gold Mining
UCITS ETF
(UCTGDIG)
Same as above. Ordinary shares
1,415,528
0.07%
VEAC State Street Custodial
Services (Ireland)
Limited as custodian
for VanEck Gold
Miners UCITS ETF
VanEck Gold Miners
UCITS ETF
(UCTGDX)
Same as above. Ordinary shares
7,308,669
0.37%
VEAC State Street Custodial
Services (Ireland)
Limited as custodian
for VanEck Junior
Gold Miners UCITS
ETF
VanEck Junior Gold
Miners UCITS ETF
(UCTGDXJ)
Same as above. Ordinary shares
5,389,727
0.27%

ME_219131221_2

VEAC State Street Bank and
Trust Company as
custodian for Van Eck
VIP Trust – VIP Global
Gold

Van Eck VIP Trust –
VIP Global Gold
(VGOLD)
Same as above. Ordinary shares
586,892
0.03%

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

6. Addresses

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

Name Address
VEAC 666 Third Avenue, New York, NY 10017
Van Eck Securities Corporation 666 Third Avenue, New York, NY 10017
Van Eck Absolute Return Advisers, Inc. 666 Third Avenue, New York, NY 10017
VanEck Australia PtyLtd Level 4 Aurora Place, 88 PhillipStreet, SydneyNSW 2000
VanEck Investments Limited Level 4 Aurora Place, 88 PhillipStreet, SydneyNSW 2000
VanEck Asset Management B.V. Barbara Strozzilaan 310, 1083 HN Amsterdam, Netherlands

Signature

print name Ashley Sousa
capacity
Manager
sign here
date
19/03/2024
DIRECTIONS
er of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and
trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar,
ed to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members
paragraph 6 of the form.
f "associate" in section 9 of the Corporations Act 2001.
f "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
of a company constitute one class unless divided into separate classes.
divided by the total votes in the body corporate or scheme multiplied by 100.
  • (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 6 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 person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

  • (6) 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.

  • (7) 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 on 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.

ME_219131221_2

==> picture [109 x 46] intentionally omitted <==

This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
GDX 09/19/2023 B - In-Kind 24,648
GDX 09/20/2023 S - In-Kind 431,340
GDX 09/25/2023 S - In-Kind 86,282
GDX 09/26/2023 B - In-Kind 49,300
GDX 09/27/2023 S - In-Kind 1,540,625
GDX 09/28/2023 B - In-Kind 542,300
GDX 09/29/2023 B - In-Kind 221,868
GDX 10/02/2023 S - In-Kind 36,978
GDX 10/03/2023 B - In-Kind 394,432
GDX 10/04/2023 S - In-Kind 123,260
GDX 10/06/2023 S - In-Kind 61,635
GDX 10/10/2023 S - In-Kind 147,900
GDX 10/11/2023 S - In-Kind 739,500
GDX 10/13/2023 B - In-Kind 36,978
GDX 10/17/2023 B - In-Kind 24,650
GDX 10/17/2023 B 815,947.44 - 235,658
GDX 10/19/2023 B - In-Kind 61,825
GDX 10/20/2023 B - In-Kind 24,728
GDX 10/24/2023 B - In-Kind 12,364
GDX 10/26/2023 B - In-Kind 197,824
GDX 10/27/2023 S - In-Kind 358,585
GDX 10/27/2023 B 457,150.87 - 127,251
GDX 10/30/2023 S - In-Kind 49,384
GDX 10/31/2023 B - In-Kind 24,736
GDX 11/01/2023 B - In-Kind 61,870
GDX 11/06/2023 B - In-Kind 259,413
GDX 11/07/2023 B - In-Kind 1,187,904
GDX 11/08/2023 B - In-Kind 420,818
GDX 11/09/2023 B - In-Kind 185,670
GDX 11/10/2023 B - In-Kind 2,473,600
GDX 11/13/2023 B - In-Kind 420,104
GDX 11/14/2023 B - In-Kind 1,953,196
GDX 11/15/2023 B - In-Kind 222,228
GDX 11/16/2023 B - In-Kind 49,440
GDX 11/17/2023 B - In-Kind 98,840
GDX 11/20/2023 S - In-Kind 49,452
GDX 11/22/2023 B - In-Kind 123,620
GDX 11/27/2023 B - In-Kind 24,724
GDX 11/29/2023 B - In-Kind 160,745
GDX 12/04/2023 S - In-Kind 508,236
GDX 12/05/2023 S - In-Kind 495,800
GDX 12/08/2023 S - In-Kind 483,522
GDX 12/11/2023 S - In-Kind 99,184

Page 1 of 10

This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
GDX 12/13/2023 S - In-Kind 37,200
GDX 12/14/2023 B - In-Kind 49,596
GDX 12/15/2023 B - In-Kind 433,965
GDX 12/15/2023 B 7,746,363.34 - 2,086,508
GDX 12/19/2023 B - In-Kind 12,626
GDX 12/20/2023 B - In-Kind 101,008
GDX 12/22/2023 B - In-Kind 164,138
GDX 12/29/2023 S - In-Kind 1,098,375
GDX 01/02/2024 S - In-Kind 50,500
GDX 01/03/2024 S - In-Kind 972,125
GDX 01/04/2024 S - In-Kind 151,500
GDX 01/10/2024 S - In-Kind 151,512
GDX 01/17/2024 B - In-Kind 176,750
GDX 01/18/2024 B - In-Kind 88,375
GDX 01/19/2024 S - In-Kind 88,375
GDX 01/22/2024 B - In-Kind 75,750
GDX 01/25/2024 B - In-Kind 50,496
GDX 01/26/2024 B - In-Kind 378,720
GDX 01/30/2024 S - In-Kind 25,246
GDX 02/01/2024 S - In-Kind 37,869
GDX 02/02/2024 B - In-Kind 88,354
GDX 02/05/2024 S - In-Kind 138,842
GDX 02/06/2024 B 453,980.67 - 147,773
GDX 02/09/2024 S - In-Kind 290,283
GDX 02/15/2024 B - In-Kind 378,600
GDX 02/16/2024 B - In-Kind 50,480
GDX 02/21/2024 B - In-Kind 50,476
GDX 02/22/2024 B - In-Kind 25,238
GDX 02/26/2024 B - In-Kind 25,250
GDX 02/27/2024 B - In-Kind 37,872
GDX 02/28/2024 B - In-Kind 871,194
GDX 03/01/2024 B - In-Kind 695,200
GDX 03/04/2024 B - In-Kind 1,188,254
GDX 03/05/2024 B - In-Kind 366,908
GDX 03/07/2024 S - In-Kind 113,949
GDX 03/08/2024 S - In-Kind 227,898
GDX 03/13/2024 B - In-Kind 50,644
GDX 03/14/2024 B - In-Kind 88,641
GDX 03/15/2024 B 19,848,002.12 - 5,974,132
GDXJ 09/29/2023 B - In-Kind 227,832
GDXJ 10/02/2023 B - In-Kind 417,153
GDXJ 10/11/2023 S - In-Kind 75,816
GDXJ 10/18/2023 B - In-Kind 379,110

Page 2 of 10

==> picture [109 x 46] intentionally omitted <==

This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
GDXJ 10/23/2023 B - In-Kind 379,090
GDXJ 10/27/2023 S - In-Kind 75,810
GDXJ 11/01/2023 S - In-Kind 75,674
GDXJ 11/02/2023 S - In-Kind 37,836
GDXJ 11/06/2023 B - In-Kind 567,600
GDXJ 11/07/2023 B - In-Kind 37,835
GDXJ 11/08/2023 B - In-Kind 113,502
GDXJ 11/09/2023 B - In-Kind 37,836
GDXJ 11/17/2023 B - In-Kind 189,215
GDXJ 11/20/2023 S - In-Kind 75,704
GDXJ 11/22/2023 B - In-Kind 605,632
GDXJ 11/24/2023 B - In-Kind 189,245
GDXJ 11/27/2023 B - In-Kind 340,659
GDXJ 11/28/2023 B - In-Kind 189,235
GDXJ 11/29/2023 B - In-Kind 416,295
GDXJ 12/05/2023 S - In-Kind 75,732
GDXJ 12/14/2023 B - In-Kind 37,882
GDXJ 12/15/2023 B 10,371,232.53 - 2,793,525
GDXJ 12/18/2023 S - In-Kind 39,421
GDXJ 12/19/2023 B - In-Kind 78,262
GDXJ 12/20/2023 B - In-Kind 391,300
GDXJ 01/02/2024 S - In-Kind 39,106
GDXJ 01/03/2024 S - In-Kind 78,214
GDXJ 01/05/2024 S - In-Kind 78,210
GDXJ 01/10/2024 S - In-Kind 156,412
GDXJ 01/11/2024 S - In-Kind 39,103
GDXJ 01/12/2024 S - In-Kind 39,103
GDXJ 01/16/2024 S - In-Kind 469,236
GDXJ 01/17/2024 S - In-Kind 469,200
GDXJ 01/19/2024 S - In-Kind 469,188
GDXJ 01/23/2024 S - In-Kind 351,882
GDXJ 01/24/2024 B - In-Kind 78,192
GDXJ 01/26/2024 S - In-Kind 39,094
GDXJ 02/05/2024 S - In-Kind 156,372
GDXJ 02/14/2024 B - In-Kind 78,176
GDXJ 02/26/2024 B - In-Kind 782,180
GDXJ 03/04/2024 B - In-Kind 234,624
GDXJ 03/05/2024 B - In-Kind 1,173,030
GDXJ 03/06/2024 B - In-Kind 625,776
GDXJ 03/11/2024 S - In-Kind 117,429
GDXJ 03/13/2024 B - In-Kind 587,160
GDXJ 03/14/2024 B - In-Kind 391,450
GDXJ 03/14/2024 S 12,162,380.31 - 3,577,572

Page 3 of 10

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
GDXJ 03/15/2024 S 107,139,515.
88
- 32,293,544
HAP 10/19/2023 B - In-Kind 2,800
HAP 10/24/2023 S - In-Kind 700
HAP 11/20/2023 S - In-Kind 1,404
HAP 12/15/2023 S 17,313.57 - 4,670
HAP 12/27/2023 S - In-Kind 3,090
HAP 01/05/2024 B - In-Kind 618
HAP 01/16/2024 S - In-Kind 2,472
HAP 01/19/2024 B 485.35 - 153
HAP 02/08/2024 S - In-Kind 1,238
HAP 03/05/2024 S - In-Kind 621
HAP 03/15/2024 B 204,224.65 - 61,495
IIG 12/27/2023 S 472,874.77 - 120,000
IIG 01/08/2024 S 239,228.67 - 63,000
IIG 02/06/2024 S 1,197,305.19 - 391,000
IIG 02/28/2024 S 455,003.83 - 158,000
LODH 10/03/2023 S 49,106.35 - 15,400
LODH 10/04/2023 S 21,405.31 - 6,800
LODH 10/05/2023 S 22,251.10 - 7,000
LODH 10/06/2023 S 13,854.46 - 4,200
LODH 10/09/2023 S 205,285.85 - 59,700
LODH 10/16/2023 S 46,781.28 - 13,000
LODH 10/17/2023 S 24,758.09 - 7,200
LODH 10/19/2023 S 34,482.20 - 9,800
LODH 10/23/2023 S 46,717.31 - 12,700
LODH 10/24/2023 S 180,465.62 - 50,400
LODH 10/27/2023 S 2,125,621.14 - 592,335
VGOLD 11/20/2023 B 46,110.48 - 12,400
VGOLD 12/07/2023 B 44,657.86 - 12,400
VGOLD 12/13/2023 S 28,662.53 - 8,100
VGOLD 12/20/2023 S 32,578.96 - 8,400
VGOLD 01/08/2024 S 21,264.77 - 5,600
VGOLD 01/18/2024 S 22,708.91 - 7,400
VGOLD 01/22/2024 S 18,320.67 - 5,800
VGOLD 02/23/2024 S 26,719.31 - 9,000
VGOLD 02/28/2024 S 27,069.85 - 9,400
MVRAU 09/21/2023 B - In-Kind 10,812
MVRAU 10/02/2023 B - In-Kind 10,811
MVRAU 10/16/2023 S - In-Kind 21,618
MVRAU 10/16/2023 S - In-Kind 21,618
MVRAU 10/16/2023 B - In-Kind 64,854
MVRAU 10/17/2023 B 26,309.27 - 7,603

Page 4 of 10

This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
MVRAU 10/20/2023 B - In-Kind 10,850
MVRAU 10/26/2023 B 452,772.21 - 126,813
MVRAU 11/06/2023 B - In-Kind 34,362
MVRAU 11/06/2023 B - In-Kind 22,908
MVRAU 11/07/2023 B - In-Kind 11,454
MVRAU 11/08/2023 S - In-Kind 45,812
MVRAU 11/08/2023 S - In-Kind 22,906
MVRAU 11/10/2023 B - In-Kind 11,453
MVRAU 11/10/2023 B - In-Kind 22,906
MVRAU 11/22/2023 B - In-Kind 34,386
MVRAU 11/22/2023 B - In-Kind 11,462
MVRAU 11/23/2023 B - In-Kind 22,924
MVRAU 12/01/2023 B 10,299.09 - 2,549
MVRAU 12/13/2023 B - In-Kind 11,465
MVRAU 12/14/2023 B - In-Kind 34,395
MVRAU 12/14/2023 B - In-Kind 11,465
MVRAU 12/14/2023 B - In-Kind 91,720
MVRAU 12/15/2023 B 1,036,964.94 - 279,490
MVRAU 12/18/2023 B 46,693.51 - 12,640
MVRAU 12/18/2023 B - In-Kind 12,734
MVRAU 12/18/2023 B - In-Kind 25,468
MVRAU 12/19/2023 B - In-Kind 25,468
MVRAU 12/20/2023 B - In-Kind 12,734
MVRAU 12/22/2023 B - In-Kind 12,732
MVRAU 12/29/2023 S 265,326.45 - 67,009
MVRAU 01/03/2024 S 284,888.70 - 73,433
MVRAU 01/10/2024 S - In-Kind 36,399
MVRAU 01/12/2024 S - In-Kind 24,266
MVRAU 01/30/2024 B 18,807.12 - 5,895
MVRAU 02/01/2024 S - In-Kind 12,157
MVRAU 02/08/2024 S - In-Kind 24,314
MVRAU 02/14/2024 B - In-Kind 12,156
MVRAU 02/14/2024 B - In-Kind 12,156
MVRAU 02/16/2024 S - In-Kind 12,156
MVRAU 02/22/2024 B - In-Kind 12,162
MVRAU 02/23/2024 B 29,803.12 - 10,136
MVRAU 02/27/2024 B 26,450.90 - 9,120
MVRAU 02/29/2024 B 16,155.98 - 5,476
MVRAU 03/04/2024 B 18,492.60 - 5,984
MVRAU 03/06/2024 B 61,949.21 - 19,357
MVRAU 03/14/2024 B - In-Kind 12,374
MVRAU 03/15/2024 S 403,855.79 - 121,650
MVEAU 09/20/2023 S - In-Kind 50,020

Page 5 of 10

==> picture [110 x 46] intentionally omitted <==

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
MVEAU 09/22/2023 S 4,943.44 - 1,381
MVEAU 10/04/2023 B - In-Kind 24,984
MVEAU 10/27/2023 S 1,610.38 - 448
MVEAU 11/23/2023 S 978.65 - 261
MVEAU 12/04/2023 B - In-Kind 24,958
MVEAU 12/06/2023 B - In-Kind 24,969
MVEAU 12/12/2023 B - In-Kind 24,967
MVEAU 12/13/2023 B - In-Kind 24,967
MVEAU 12/13/2023 B - In-Kind 99,868
MVEAU 12/14/2023 B - In-Kind 24,967
MVEAU 12/15/2023 B 2,875.40 - 775
MVEAU 12/22/2023 B 431,711.19 - 110,683
MVEAU 12/29/2023 S 92,131.15 - 23,268
MVEAU 01/12/2024 S 5,782.40 - 1,506
MVEAU 01/29/2024 B - In-Kind 26,376
MVEAU 01/31/2024 B 9,104.56 - 2,836
MVEAU 02/09/2024 B - In-Kind 26,421
MVEAU 02/12/2024 S 5,986.62 - 1,976
MVEAU 02/15/2024 B - In-Kind 131,930
MVEAU 02/21/2024 B 8,209.17 - 2,727
MVEAU 02/22/2024 B 8,713.66 - 2,885
MVEAU 02/26/2024 B 5,516.59 - 1,851
MVEAU 02/28/2024 S 7,478.53 - 2,597
MVEAU 03/01/2024 B 10,076.85 - 3,404
MVEAU 03/05/2024 B 7,885.67 - 2,464
MVEAU 03/12/2024 B 6,799.08 - 2,079
MVEAU 03/13/2024 B - In-Kind 26,576
MVEAU 03/15/2024 S 41,059.50 - 12,368
MVWAU 09/18/2023 B - In-Kind 18,414
MVWAU 09/20/2023 B - In-Kind 12,276
MVWAU 09/22/2023 B - In-Kind 18,411
MVWAU 09/27/2023 B - In-Kind 12,280
MVWAU 10/02/2023 B - In-Kind 18,417
MVWAU 10/05/2023 B - In-Kind 18,417
MVWAU 10/05/2023 B - In-Kind 12,278
MVWAU 10/16/2023 B - In-Kind 12,278
MVWAU 10/17/2023 B 25,509.93 - 7,372
MVWAU 10/18/2023 B - In-Kind 18,432
MVWAU 10/26/2023 B 321,313.92 - 89,994
MVWAU 10/27/2023 B - In-Kind 18,669
MVWAU 11/01/2023 B - In-Kind 24,892
MVWAU 11/02/2023 B - In-Kind 12,446
MVWAU 11/02/2023 S 39,434.14 - 11,204

Page 6 of 10

==> picture [109 x 46] intentionally omitted <==

This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
MVWAU 11/06/2023 B - In-Kind 18,642
MVWAU 11/07/2023 B - In-Kind 12,428
MVWAU 11/10/2023 B - In-Kind 18,648
MVWAU 11/13/2023 B - In-Kind 12,436
MVWAU 11/13/2023 B 31,794.02 - 8,782
MVWAU 11/17/2023 B - In-Kind 18,675
MVWAU 11/20/2023 S - In-Kind 24,900
MVWAU 11/22/2023 B - In-Kind 18,675
MVWAU 11/29/2023 B - In-Kind 18,678
MVWAU 11/29/2023 B 31,712.54 - 7,791
MVWAU 11/30/2023 B - In-Kind 12,454
MVWAU 12/06/2023 B - In-Kind 18,684
MVWAU 12/12/2023 B - In-Kind 18,681
MVWAU 12/13/2023 B - In-Kind 12,454
MVWAU 12/15/2023 S 75,338.53 - 20,308
MVWAU 12/19/2023 B - In-Kind 6,212
MVWAU 12/20/2023 B - In-Kind 12,424
MVWAU 12/22/2023 B - In-Kind 12,422
MVWAU 12/27/2023 B 66,520.70 - 16,839
MVWAU 12/29/2023 S 508,637.72 - 128,458
MVWAU 01/05/2024 B - In-Kind 12,218
MVWAU 01/10/2024 B - In-Kind 18,327
MVWAU 01/17/2024 B - In-Kind 18,324
MVWAU 01/23/2024 B - In-Kind 18,324
MVWAU 01/30/2024 B 19,875.89 - 6,230
MVWAU 02/02/2024 B - In-Kind 18,342
MVWAU 02/08/2024 B - In-Kind 18,342
MVWAU 02/16/2024 B - In-Kind 18,348
MVWAU 02/19/2024 B 26,824.24 - 8,852
MVWAU 02/21/2024 B - In-Kind 18,375
MVWAU 02/21/2024 B 37,939.20 - 12,603
MVWAU 02/22/2024 S - In-Kind 18,393
MVWAU 02/23/2024 B 23,337.34 - 7,937
MVWAU 02/27/2024 B - In-Kind 18,414
MVWAU 02/27/2024 B 26,372.60 - 9,093
MVWAU 02/29/2024 B 37,637.29 - 12,757
MVWAU 03/01/2024 B - In-Kind 18,468
MVWAU 03/04/2024 B 37,646.52 - 12,182
MVWAU 03/06/2024 B 50,879.20 - 15,898
MVWAU 03/06/2024 B - In-Kind 18,510
MVWAU 03/13/2024 B - In-Kind 18,549
MVWAU 03/15/2024 B 5,129,204.02 - 1,544,856
UCTGDX 09/20/2023 S 223,509.34 - 61,746

Page 7 of 10

==> picture [109 x 47] intentionally omitted <==

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
UCTGDX 09/26/2023 S 185,462.73 - 53,760
UCTGDX 09/29/2023 S 221,767.81 - 67,410
UCTGDX 10/03/2023 B 88,160.01 - 28,255
UCTGDX 10/04/2023 S 72,332.61 - 22,819
UCTGDX 10/11/2023 B 1,057,924.49 - 297,992
UCTGDX 10/13/2023 B 141,813.58 - 41,343
UCTGDX 10/17/2023 S 39,009.55 - 11,275
UCTGDX 10/30/2023 S 533,878.25 - 147,385
UCTGDX 10/31/2023 S 97,755.99 - 27,384
UCTGDX 11/08/2023 B 154,763.52 - 42,283
UCTGDX 11/13/2023 B 201,180.70 - 55,572
UCTGDX 12/04/2023 S 60,014.58 - 14,497
UCTGDX 12/06/2023 B 1,127,817.59 - 313,267
UCTGDX 12/15/2023 B 850,877.12 - 229,324
UCTGDX 12/20/2023 S 106,395.92 - 27,423
UCTGDX 12/21/2023 S 497,321.33 - 126,230
UCTGDX 01/03/2024 S 189,994.10 - 48,970
UCTGDX 01/12/2024 B 163,872.51 - 42,673
UCTGDX 01/17/2024 S 345,666.82 - 111,511
UCTGDX 01/19/2024 B 534,298.51 - 168,540
UCTGDX 01/22/2024 B 263,646.82 - 84,228
UCTGDX 01/24/2024 S 88,391.42 - 28,332
UCTGDX 01/29/2024 B 89,010.89 - 28,346
UCTGDX 01/29/2024 S 48,673.85 - 15,502
UCTGDX 02/12/2024 S 125,905.35 - 41,555
UCTGDX 02/15/2024 S 48,362.98 - 16,230
UCTGDX 02/16/2024 B 218,635.57 - 71,916
UCTGDX 02/21/2024 B 126,348.06 - 41,974
UCTGDX 02/26/2024 B 82,141.85 - 27,563
UCTGDX 02/29/2024 S 86,424.78 - 29,298
UCTGDX 03/06/2024 B 223,783.99 - 69,929
UCTGDX 03/07/2024 B 786,671.75 - 239,098
UCTGDX 03/15/2024 B 1,260,826.35 - 379,729
UCTGDXJ 09/29/2023 B 39,049.62 - 11,868
UCTGDXJ 10/31/2023 S 66,612.87 - 18,660
UCTGDXJ 11/07/2023 B 147,275.76 - 39,693
UCTGDXJ 11/13/2023 B 119,953.45 - 33,133
UCTGDXJ 11/15/2023 B 127,871.29 - 33,825
UCTGDXJ 11/22/2023 B 243,060.90 - 63,957
UCTGDXJ 11/24/2023 B 242,911.65 - 66,002
UCTGDXJ 11/28/2023 B 503,726.33 - 130,486
UCTGDXJ 12/15/2023 B 1,206,538.44 - 325,180
UCTGDXJ 12/20/2023 B 130,478.05 - 33,625

Page 8 of 10

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
UCTGDXJ 12/29/2023 S 38,039.92 - 9,607
UCTGDXJ 01/10/2024 B 148,218.91 - 39,733
UCTGDXJ 01/17/2024 B 108,504.65 - 34,998
UCTGDXJ 02/12/2024 S 25,114.24 - 8,235
UCTGDXJ 02/29/2024 B 176,138.51 - 59,702
UCTGDXJ 03/06/2024 B 214,786.28 - 67,114
UCTGDXJ 03/07/2024 B 228,954.25 - 69,584
UCTGDXJ 03/08/2024 B 1,134,008.36 - 340,509
UCTGDXJ 03/11/2024 B 339,219.06 - 105,337
UCTGDXJ 03/15/2024 S 11,416,364.81 - 3,439,008
GRNVAU 09/26/2023 B - In-Kind 5,863
GRNVAU 10/10/2023 B - In-Kind 5,863
GRNVAU 10/16/2023 S - In-Kind 17,586
GRNVAU 10/16/2023 S - In-Kind 11,724
GRNVAU 10/19/2023 B 3,766.02 - 1,046
GRNVAU 10/26/2023 B 49,060.77 - 13,741
GRNVAU 11/03/2023 B 3,749.09 - 1,068
GRNVAU 11/22/2023 S - In-Kind 6,093
GRNVAU 11/30/2023 S 97,590.21 - 23,862
GRNVAU 12/21/2023 B - In-Kind 5,788
GRNVAU 12/21/2023 B 12,790.65 - 3,246
GRNVAU 12/28/2023 B 4,612.95 - 1,156
GRNVAU 12/29/2023 S 23,519.81 - 5,940
GRNVAU 01/24/2024 B - In-Kind 5,711
GRNVAU 02/15/2024 B 1,218.95 - 409
GRNVAU 02/26/2024 B 3,454.21 - 1,159
GRNVAU 02/28/2024 B 3,439.09 - 1,194
GRNVAU 02/29/2024 B 86,949.01 - 29,471
GRNVAU 03/06/2024 B 3,056.34 - 955
GRNVAU 03/13/2024 B 1,904.64 - 597
UCTGDIG 09/29/2023 B 49,554.48 - 15,200
UCTGDIG 10/19/2023 S 30,392.32 - 8,444
UCTGDIG 10/20/2023 B 24,907.54 - 6,767
UCTGDIG 10/24/2023 B 638,758.67 - 173,362
UCTGDIG 11/28/2023 B 106,360.41 - 27,549
UCTGDIG 12/08/2023 B 35,704.74 - 9,916
UCTGDIG 12/15/2023 B 79,235.47 - 21,353
UCTGDIG 12/18/2023 B 452,504.83 - 121,743
UCTGDIG 12/22/2023 B 411,883.99 - 105,606
UCTGDIG 01/04/2024 B 27,562.26 - 7,272
UCTGDIG 01/10/2024 S 68,830.84 - 18,457
UCTGDIG 01/11/2024 S 60,192.02 - 15,927
UCTGDIG 01/16/2024 S 110,505.39 - 29,474

Page 9 of 10

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant
interest
Date of Acquisition B/S Consideration
Cash
Consideration
Non-Cash
Number of Securities
UCTGDIG 01/18/2024 S 72,193.54 - 23,218
UCTGDIG 02/09/2024 S 15,540.80 - 5,113
UCTGDIG 03/15/2024 S 31,477.26 - 9,483
GDXAU 09/18/2023 S 26,868.61 - 7,362
GDXAU 09/29/2023 S 48,433.83 - 14,723
GDXAU 10/03/2023 B 22,971.97 - 7,362
GDXAU 10/09/2023 S 26,132.49 - 7,362
GDXAU 10/16/2023 S 51,234.40 - 14,724
GDXAU 10/17/2023 B 28,911.19 - 8,355
GDXAU 10/19/2023 B 26,588.66 - 7,385
GDXAU 10/20/2023 B 27,179.52 - 7,385
GDXAU 11/06/2023 B 27,227.81 - 7,378
GDXAU 11/15/2023 B 27,895.69 - 7,379
GDXAU 11/24/2023 B 27,153.76 - 7,378
GDXAU 11/28/2023 B 47,092.85 - 12,199
GDXAU 11/28/2023 B 142,428.94 - 36,895
GDXAU 11/29/2023 B 115,900.77 - 28,474
GDXAU 12/13/2023 B 26,357.32 - 7,403
GDXAU 12/14/2023 S 136,948.10 - 37,013
GDXAU 12/15/2023 B 317,640.11 - 85,613
GDXAU 01/03/2024 B 29,727.65 - 7,661
GDXAU 01/17/2024 B 23,748.37 - 7,660
GDXAU 01/22/2024 B 23,978.20 - 7,660
GDXAU 01/29/2024 S 96,058.69 - 30,595
GDXAU 02/28/2024 B 12,725.11 - 4,418
GDXAU 03/05/2024 B 37,427.74 - 11,695
GDXAU 03/07/2024 B 25,276.31 - 7,682
GDXAU 03/15/2024 B 456,705.84 - 137,562
ESBGDX 09/20/2023 B - In-Kind 431,340
ESBGDX 09/27/2023 B - In-Kind 431,375
ESBGDX 10/04/2023 B - In-Kind 431,410
ESBGDX 10/11/2023 B - In-Kind 446,239
ESBGDX 11/09/2023 B 24,259.27 - 6,574
ESBGDX 11/22/2023 S 429,002.35 - 112,901
ESBGDX 12/15/2023 B 218,213.89 - 58,806
ESBGDX 01/17/2024 B 19,261.05 - 6,212
ESBGDX 03/15/2024 B 303,355.94 - 91,354
In-Kind transactions result from receiving a basket of securities (including EVOLUTION MINING
LTD) in exchange for securities.

Page 10 of 10