G50 CORP LIMITED — Major Shareholding Notification 2021

Dec 16, 2021

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 Gold 50 Limited (Company)

ACN/ARSN 645 022 233

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

Gold 50 Limited (Company) and its related bodies corporate

645 022 233

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

substantial holder on 16 / 12 / 2021 The previous notice was given to the company on 06 / 08 / 2021 The previous notice was dated 04 / 08 / 2021

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)
Fully paid ordinary shares	45,181,999	47.31%	39,481,999	41.34%

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:

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
16/12/2021	The Company	Shares released fromASX mandatory	N/A	5,700,000	5,700,000
		escrow

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
Company	Those holders listed in Annexure A	Those holders listed in Annexure A	Restrictions on the registered holder on disposal of ~~shares~~~~under~~	39,481,999 Fully paid ordinary shares	39,481,999

604 Page 2 of 3 15 July 2001

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----- Start of picture text -----

ASX mandatory
escrow
arrangements,
as disclosed
in the
Company's
prospectus
dated 21 May
2021 and its
pre-quotation
disclosure,
gives t h e
Company a
'relevant
interest'in
its own
shares under
se c tion
608(1)( c )of
th e
Corporations
Related Act 2001 (Cth)
bodies
corporate N/A N/A N/A
of the
Company
----- End of picture text -----

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
n/a	n/a

6. Addresses

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

Name	Address
Company	Suite 5.03 130 Arthur Street, North Sydney, NSW 2060

Signature

print name Mark Wallace capacity Director sign here date 16 12 2021 / /

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 6 of the form.

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

604 Page 3 of 3 15 July 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 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.

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

This is “Annexure A” accompanying ASX Form 604 (Notice of change of interests of substantial holder)

Registered Holder	Person Entitled to be Registered Holder	Number of shares
Jay-V Inc	Jay-V Inc	11,882,000
Thomas P. Erwin as trustee of the Thomas P. Erwin Trust	Thomas P. Erwin as trustee of the Thomas P. Erwin Trust	10,900,000
Mopti Pty Ltd as trustee for the Rowe Family Trust	Mopti Pty Ltd as trustee for the Rowe Family Trust	10,899,999
Alan John Davies	Alan John Davies	2,200,000
Violet Galapagos Sky Limited	Violet Galapagos Sky Limited	1,300,000
Rogo Investments Pty Ltd	Rogo Investments Pty Ltd	300,000
Chad T Yeftich	Chad T Yeftich	300,000
I & K Bucknell Investments Pty Ltd as trustee for Bucknell Family Trust	I & K Bucknell Investments Pty Ltd as trustee for Bucknell Family Trust	300,000
Kevin Thomas Davies	Kevin Thomas Davies	300,000
Charmian Investments Pty Ltd ATF Charmian Trust	Charmian Investments Pty Ltd ATF Charmian Trust	300,000
Anthony James Davies	Anthony James Davies	300,000
Peter Francis Wynter Bee	Peter Francis Wynter Bee	300,000
RBH Holdings as Trustee for Howe Family Superfund	RBH Holdings as Trustee for Howe Family Superfund	100,000
Maria Tutuka	Maria Tutuka	50,000
Paul Robert Davies	Paul Robert Davies	50,000
Total		39,481,999