GEOPACIFIC RESOURCES LTD — Major Shareholding Notification 2020

Jul 1, 2020

604 Page 1 of 2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

GEOPACIFIC RESOURCES LTD

003 208 393

1. Details of substantial holder (1)

Name Spheria Asset Management Pty Ltd

ACN/ARSN (if applicable)

611 081 326

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

substantial holder on 29/06/2020 The previous notice was given to the company on 24/12/2019 The previous notice was dated 24/12/2019

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:

Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
ORDINARY FULLY PAID	19,668,639	11.27%	17,690,550	10.14%
			REFER TO ANNEXURE A

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
REFER TO ANNEXURE B

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
REFER TO ANNEXURE C

604 Page 2 of 2 15 July 2001

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

6. Addresses

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

Name	Address
REFER TO ANNEXURE D

Signature

print name MATTHEW BOOKER capacity DIRECTOR sign here date 02/07/2020

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.

GEOPACIFIC RESOURCES LTD

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Annexure A
Holder of relevant interest Nature of relevant interest Number of Class of securities
securities
Spheria Asset Management Pty Ltd Spheria Asset Management Pty Ltd in its capacity as 17,690,550 ORDINARY FULLY
investment manager has the power to control voting and/or PAID
disposal of securities.
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This is Annexure "A" as mentioned in form 604 Notice of change of interests of substantial holder

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Matthew Booker Director Date: 01/07/2020

GEOPACIFIC RESOURCES LTD

Annexure B

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Date of Person whose relevant Nature of Consideration Class of Securities Number of Person's votes
change interest changed change securities affected
Cash Non-cash
19/05/2020 Spheria Asset Sale -$ 111,250.00 ORDINARY FULLY - 250,000 - 250,000
Management Pty Ltd PAID
20/05/2020 As above Sale -$ 83,966.55 ORDINARY FULLY - 185,600 - 185,600
PAID
26/05/2020 As above Sale -$ 14,250.00 ORDINARY FULLY - 30,000 - 30,000
PAID
27/05/2020 As above Sale -$ 40,712.64 ORDINARY FULLY - 84,818 - 84,818
PAID
28/05/2020 As above Sale -$ 540.00 ORDINARY FULLY - 1,000 - 1,000
PAID
29/05/2020 As above Sale -$ 53,000.00 ORDINARY FULLY - 100,000 - 100,000
PAID
01/06/2020 As above Sale -$ 66,210.29 ORDINARY FULLY - 122,120 - 122,120
PAID
12/06/2020 As above Sale -$ 9,302.17 ORDINARY FULLY - 25,141 - 25,141
PAID
15/06/2020 As above Sale -$ 22,570.00 ORDINARY FULLY - 61,000 - 61,000
PAID
16/06/2020 As above Sale -$ 3,600.00 ORDINARY FULLY - 10,000 - 10,000
PAID
17/06/2020 As above Sale -$ 45,458.93 ORDINARY FULLY - 125,997 - 125,997
PAID
18/06/2020 As above Sale -$ 39,432.75 ORDINARY FULLY - 112,665 - 112,665
PAID
19/06/2020 As above Sale -$ 10,296.00 ORDINARY FULLY - 28,600 - 28,600
PAID
22/06/2020 As above Sale -$ 40,163.56 ORDINARY FULLY - 111,407 - 111,407
PAID
23/06/2020 As above Sale -$ 18,000.05 ORDINARY FULLY - 50,000 - 50,000
PAID
24/06/2020 As above Sale -$ 27,607.74 ORDINARY FULLY - 77,569 - 77,569
PAID
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25/06/2020 As above Sale -$ 52,500.00 ORDINARY FULLY - 150,000 - 150,000
PAID
26/06/2020 As above Sale -$ 15,488.38 ORDINARY FULLY - 46,234 - 46,234
PAID
29/06/2020 As above Sale -$ 70,000.00 ORDINARY FULLY - 200,000 - 200,000
PAID
30/06/2020 As above Sale -$ 16,478.29 ORDINARY FULLY - 43,163 - 43,163
PAID
01/07/2020 As above Sale -$ 66,306.28 ORDINARY FULLY - 162,765 - 162,765
PAID
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This is Annexure "B" as mentioned in form 604 Notice of change of interests of substantial holder

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Matthew Booker Director Date: 01/07/2020

GEOPACIFIC RESOURCES LTD

Annexure C

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Holder of relevant interest Registered holder of securities Person entitled to be Number of Class of Person's votes
registered as holder securities securities
Spheria Asset Management Pty Ltd BNP Paribas Securities Services BNP Paribas Securities 1,648,763 Ordinary fully paid 1,648,763
Services
Spheria Asset Management Pty Ltd NAB Custodial Services NAB Custodial Services 965,274 Ordinary fully paid 965,274
Spheria Asset Management Pty Ltd JP Morgan Chase Bank JP Morgan Chase Bank 5,004,886 Ordinary fully paid 5,004,886
Spheria Asset Management Pty Ltd Northern Trust Northern Trust 4,785,943 Ordinary fully paid 4,785,943
Spheria Asset Management Pty Ltd RBC Investor Services Trust RBC Investor Services Trust 5,285,684 Ordinary fully paid 5,285,684
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This is Annexure "C" of 1 page as mentioned in form 604 Notice of change of interests of substantial holder

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Matthew Booker Director Date: 01/07/2020

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GEOPACIFIC RESOURCES LTD
Annexure D
Name Address
Spheria Asset Management Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
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This is Annexure "D" as mentioned in form 604 Notice of change of interests of substantial holder

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Matthew Booker Director Date: 01/07/2020