GENESIS RESOURCES LIMITED — Major Shareholding Notification 2016

Mar 1, 2016

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2 March 2016

Companies Announcements Platform Contact Harsha Garikapati Australian Securities Exchange Direct Line (02) 8083 0496 Exchange Centre Email harsha.garikapati@holdingredlich.com 20 Bridge Street Partner Darren Pereira SYDNEY NSW 2000 Our Ref HXG:13670013

Dear Sir / Madam

Blumont Group Ltd. - Notice of change of interest of substantial holder

We act for Blumont Group Ltd. ( Blumont ).

On behalf of Blumont and in accordance with section 671B of the Corporations Act 2001 (Cth), we enclose a copy of a “Form 604: Notice of change of interest of substantial holder”.

Yours sincerely

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Holding Redlich

Enclosures: 1

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Corporations Act 2001 Section 671B

Form 604

Notice of change of interests of substantial holder

To Company Name/Scheme Genesis Resources Limited ( Genesis ) ACN/ARSN 114 787 469 1. Details of substantial holder (1) Name Blumont Group Ltd. ( Blumont ) ACN/ARSN (if applicable) N/A

There was a change in the interests of the substantial holder on The dates set out in section 3 below The previous notice was given to the company on 25 March 2015 The previous notice was dated 25 March 2015

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:

mpany 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 shares	33,002,561	12.96%	33,002,561	9.23%

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 ofchange	Person whoserelevantinterestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person’svotesaffected
26February2016	Blumont	Dilution of shareholding asa result of the issue ofordinary shares byGenesis.	N/A	N/A	N/A

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevant interest (6)	Class andnumber ofsecurities	Person’svotes
Blumont	Blumont	Blumont	Holder of the securities	33,002,561 ordinaryshares	33,002,561

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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
Blumont	298 Tiong Bahru Road, #20-02/03 Central Plaza Singapore 168730

Signature

print name Mr Ng Kim Huatt

capacity Director

sign here

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date 2 March 2016

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.

• (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.

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