GIBB RIVER DIAMONDS LIMITED — Major Shareholding Notification 2021

Aug 17, 2021

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 PHOSPHATE AUSTRALIA LIMITED (now GIBB RIVER DIAMONDS)

ACN/ARSN 129 158 550

1. Details of substantial holder (1)

Name Michael Ruane ACN/ARSN (if applicable) N/A

There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated

03 / 10 / 2016

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:

cheme, are as follows:
Class of securities (4)	Previous notice Person’s votes Voting power (5)		Present notice Person’s votes Voting power (5)
Ordinary Fully Paid Shares	18,618,370	11.55%	16,681,089	10.35%
	Issued Capital		161,168,333

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
03/10/2016	Kesli Chemicals Pty Ltd < Super Fund A/C>	On Market Sales	$50,214.94	1,587,281	-0.98%
03/10/2016	Kesli Chemical Pty Ltd	On Market Sales	$10,490.40	350,000	-0.22%

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
Kesli Chemicals Pty Ltd	Kesli Chemicals Pty Ltd	Michael Ruane	Director	0	0.00%
Tyson Resources Pty Ltd	Tyson Resources Pty Ltd	Michael Ruane	Director	1,100,000	0.68%
Kesli Chemicals Pty Ltd	Kesli Chemicals Pty Ltd	Michael Ruane	S/F Member	15,581,089	9.67%
				16,681,089	10.35%

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 Nature of association applicable) n/a

604 Page 2 of 2 15 July 2001

6. Addresses

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

Name	Address
Tyson Resources Pty Ltd	29 Cunningham Street, Ardross, Western Australia, 6153
Kesli Chemicals Pty Ltd	29 Cunningham Street, Ardross, Western Australia, 6153

Signature

print name Michael Ruane capacity Personal

sign here date

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.

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 PHOSPHATE AUSTRALIA LIMITED (now GIBB RIVER DIAMONDS)

ACN/ARSN 129 158 550

1. Details of substantial holder (1)

Name Michael Ruane ACN/ARSN (if applicable) N/A

There was a change in the interests of the substantial holder on 10 / 1 / 2017 The previous notice was given to the company on

The previous notice was dated

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:

cheme, are as follows:
Class of securities (4)	Previous notice Person’s votes Voting power (5)		Present notice Person’s votes	Voting power (5)
Ordinary Fully Paid Shares	16,681,089	10.35%	14,690,755	9.12%
	Issued Capital		161,168,333

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
10/01/2017	Kesli Chemicals Pty Ltd < Super Fund A/C>	On Market Sales	$40,003.79	1,540,334	-0.95%
10/01/2017	Tyson Resources Pty Ltd	On Market Sales	$9,023.44	450,000	-0.28%

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
Tyson Resources Pty Ltd	Tyson Resources Pty Ltd	Michael Ruane	Director	650,000	0.40%
Kesli Chemicals Pty Ltd	Kesli Chemicals Pty Ltd	Michael Ruane	S/F Member	14,040,755	8.71%
				14,690,755	9.12%

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 Nature of association applicable) n/a

604 Page 2 of 2 15 July 2001

6. Addresses

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

Name	Address
Tyson Resources PtyLtd	29 Cunningham Street, Ardross, Western Australia, 6153
Kesli Chemicals Pty Ltd	29 Cunningham Street, Ardross, Western Australia, 6153

Signature

re
print name sign here	Michael Ruane capacity Personal
	date

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.

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 PHOSPHATE AUSTRALIA LIMITED (now GIBB RIVER DIAMONDS)

ACN/ARSN 129 158 550

1. Details of substantial holder (1)

Name Michael Ruane ACN/ARSN (if applicable) N/A

There was a change in the interests of the substantial holder on 27 / 04 / 2018 The previous notice was given to the company on The previous notice was dated

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:

cheme, are as follows:
Class of securities (4)	Previous notice Person’s votes Voting power (5)	Present notice Person’s votes	Voting power (5)
Ordinary Fully Paid Shares	14,690,755 9.12%	12,822,108	7.16%
	Prior Issued Capital	161,168,133
	Current Issued Capital	179,079,445

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:

llows:
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
10/01/2017 – 27/04.2018	Kesli Chemicals Pty Ltd < Super Fund A/C>	On Market Purchases	$17,878.86	392,519	+0.22%
10/01/2017 – 27/04.2018	Kesli Chemicals Pty Ltd < Super Fund A/C>	SPP Purchases	$15,000.00	166,667	+0.09%
10/01/2017 – 27/04.2018	Kesli Chemicals Pty Ltd < Super Fund A/C>	On Market Sales	$192,676.40	2,335,000	-1.3%
10/01/2017 – 27/04.2018	Tyson Resources Pty Ltd	On Market Sales	$11,104.20	259,500	-0.14%
10/01/2017 – 27/04.2018	Tyson Resources Pty Ltd	SPP Purchases	$15,000.00	166,667	+0.09%

604 Page 2 of 2 15 July 2001

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
Tyson Resources Pty Ltd	Tyson Resources Pty Ltd	Michael Ruane	Director	557,167	0.31%
Kesli Chemicals Pty Ltd	Kesli Chemicals Pty Ltd	Michael Ruane	S/F Member	12,264,941	6.85%
				12,822,108	7.16%

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
Tyson Resources PtyLtd	29 Cunningham Street, Ardross, Western Australia, 6153
Kesli Chemicals Pty Ltd	29 Cunningham Street, Ardross, Western Australia, 6153

Signature

print name Michael Ruane capacity Personal sign here date

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.