GREAT BOULDER RESOURCES LIMITED — Major Shareholding Notification 2016

Nov 17, 2016

Form 603

Corporations Act 2001 Section 671B Notice of initial substantial holder

To Company Name/Scheme	Great Boulder Resources Limited (Company)
ACN/ARSN	611 695 955
1. Details of substantial holder (1)
Name	Murray Edward Black
ACN/ARSN (if applicable)
The holder became a substantial holder on	13/05/2016

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power (6)
Fully paid ordinary shares	3,500,000	3.500.000	5.12%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became

Holder of relevant interest
	Nature of relevant interest (7)	Class and number of securities
Murray Edward Black	Associate of Blue Spec Drilling Pty Ltd. Black International Pty Ltd and Kalgoorlie Auto Service Pty Ltd.	3,500,000 fully paid ordinary shares
Blue Spec Drilling Pty Ltd (ACN 601 943 364)	Holder of fully paid ordinary shares in the Company.	500,000 fully paid ordinary shares
Kalgoorlie Auto Service Pty Ltd (ACN 008 681 776)	Associate of Blue Spec Drilling Pty Ltd.	500,000 fully paid ordinary shares
Black International Pty Ltd (ACN 155 334 964)	Holder of fully paid ordinary shares in the Company as trustee of the Black International Trust.	3,000,000 fully paid ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Murray Edward Black	Black International Pty Ltd. Blue Spec Drilling Pty Lfd	Black International Pty Ltd Blue Spec Drilling Pty Lid	3,000,000 fully paid ordinary shares 500,000 fully paid ordinary shares
Blue Spec Drilling Pty Ltd	Blue Spec Drilling Pty Ltd	Blue Spec Drilling Pty Ltd	500,000 fully paid ordinary shares
Kalgoorlie Auto Service Pty Ltd	Blue Spec Drilling Pty Ltd	Blue Spec Drilling Pty Ltd	500,000 fully paid ordinary
Black International Pty Ltd.	Black International Pty Ltd	Black International Pty Ltd	shares 3,000,000 fully paid ordinary shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
Black International Pty Ltd	13/05/16	Nil	Issued on incorporation	2,500,000 fully paid ordinary shares
	08/11/16	\$100,000		500,000 fully paid ordinary shares
Blue Spec Drilling Pty Ltd	08/11/16	\$100,000		500,000 fully paid ordinary shares

6 Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Blue Spec Drilling Pty Ltd	Murray Edward Black is the sole director of Blue Spec Drilling Pty Ltd and has a controlling shareholding interest in Kalgoorlie Auto Service Pty Ltd.
Kalgoorlie Auto Service Pty Ltd	Kalgoorlie Auto Service Pty Ltd has a controlling shareholding interest in Blue Spec Drilling Pty Ltd.
Black International Pty Ltd	Murray Edward Black is the sole director and sole shareholder of Black International Pty Ltd as trustee of the Black International Trust.

7. Addresses

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

Name	Address
Murray Edward Black	17 Jordan Street, Somerville, Western Australia, Australia 6430
Kalgoorlie Auto Service Pty Ltd	Lot 3148, Corner Harvey, Federal & Wilson Streets, Kalgoorlie, Western Australia, Australia 6430
Blue Spec Drilling Pty Ltd	Lot 3148, Corner Harvey, Federal & Wilson Streets, Kalgoorlie, Western Australia, Australia 6430
Black International Pty Ltd	Lot 3148, Corner Harvey, Federal & Wilson Streets, Kalgoorlie, Western Australia, Australia 6430

Signature

print name sign here

Edward Blac capacity date $(7/11/12016$

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager $(1)$ 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 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate $(5)$ has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any $(a)$ 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
• 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 $(b)$ 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.

• 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". $(8)$
• 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 $(9)$ 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.