FLAGSHIP MINERALS LIMITED — Major Shareholding Notification 2021

Sep 5, 2021

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme PAN ASIA METALS LIMITED ACN/ARSN ACN 639 599 554

1. Details of substantial holder (1)

Name Credit Suisse Holdings (Australia) Limited (on behalf of Credit Suisse Group AG and its affiliates) ACN/ARSN (if applicable) 008 496 713 The holder became a substantial holder on 01-Sep-2021

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 ofsecurities (4)	Numberofsecurities	Persons' votes (5)	Voting power(6)
Common Stock	6,895,309	6,895,309	5.45%

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:

Holderof relevantinterest	Nature of relevantinterest (7)	Class andnumberofsecurities
Credit Suisse Equities (Australia) Limited (ACN068232 708)	Voting rights and right to dispose	6,895,309 Common Stock

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 interest	Registered holder of securities	Person entitled to be registered asholder(8)	Class and number of securities
Credit Suisse Equities (Australia) Limited (ACN 068 232 708)	CS Fourth Nominees Pty Limited (ACN 069 126 432)	Credit Suisse Equities (Australia) Limited	6,895,309 Common Stock

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the 4 months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
Credit Suisse Equities (Australia) Limited	11-May-21	1,100.00 AUD		10,000 Common Stock
Credit Suisse Equities (Australia) Limited	14-May-21	1,200.00 AUD		-10,000 Common Stock
Credit Suisse Equities (Australia) Limited	23-Jun-21	2,600.00 AUD		20,000 Common Stock

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Credit Suisse Equities (Australia) Limited	28-Jun-21	2,600.00 AUD		-20,000 Common Stock
Credit Suisse Equities (Australia) Limited	1-Jul-21	325.00 AUD		-2,500 Common Stock
Credit Suisse Equities (Australia) Limited	12-Aug-21	2,000.00 AUD		10,000 Common Stock
Credit Suisse Equities (Australia) Limited	13-Aug-21	5,447.50 AUD		27,500 Common Stock
Credit Suisse Equities (Australia) Limited	16-Aug-21	1,975.00 AUD		-10,000 Common Stock
Credit Suisse Equities (Australia) Limited	17-Aug-21	4,842.07 AUD		-24,251 Common Stock
Credit Suisse Equities (Australia) Limited	18-Aug-21	617.31 AUD		-3,249 Common Stock
Credit Suisse Equities (Australia) Limited	19-Aug-21	1,440.00 AUD		9,000 Common Stock
Credit Suisse Equities (Australia) Limited	23-Aug-21	1,395.00 AUD		-9,000 Common Stock
Credit Suisse Equities (Australia) Limited	31-Aug-21	555,674.57 AUD		1,844,849 Common Stock
Credit Suisse Equities (Australia) Limited	01-Sep-21	2,257,875.23 AUD		5,047,460 Common Stock

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name andACN/ARSN(ifapplicable)	Nature ofassociation
Credit Suisse Equities (Australia) Limited (ACN 068 232 708)	Related Body Corporate

7. Addresses

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

Name	Address
Credit Suisse Holdings (Australia) Limited (ACN008496713)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Equities (Australia) Limited (ACN068232 708)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Fourth Nominees Pty Limited (ACN 069 126 432)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia

Signature

print name sign here	Winston Loke capacity Authorised Signatory
	date 06-Sep-2021

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