FORTUNA METALS LTD — Major Shareholding Notification 2017

Sep 20, 2017

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

Frontier Resources Limited

095 684 389

1. Details of substantial holder (1)

Name Exploration & Management Consultants Pty Ltd

ACN/ARSN (if applicable)

052 128 382

There was a change in the interests of the substantial holder on

substantial holder on 20 / 09 / 2017 The previous notice was given to the company on 01 / 06 / 17 The previous notice was dated 01 / 06 / 17

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:

ompany or scheme, are as follows:
Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
ORDINARY	14,816,760	18.43%	14,816,760	14.21%

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:

s follows:
Date ofchange	Person whoserelevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person's votesaffected
20/9/2017	Exploration& ManagementConsultantsPty Ltd	Dilution fromShare PurchasePlan	N/A	14,816,760ORD	14,816,760

4. Present relevant interests

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

Holder ofrelevant interest	Registered holderof securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class and numberof securities	Person's votes
Exploration&ManagementConsultantsPty Ltd	Exploration& ManagementConsultantsPty Ltd	-	Direct	13,669,506FPO	13,669,506FPO

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604 Page 3 of 3 15 July 2001

"unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.