GROUP 6 METALS LIMITED — Major Shareholding Notification 2002

Nov 18, 2002

To:		From:	GTN Resources
	Company: Australian Stock Exchange	Pages:	9 (including cover)
Fax:	1300 300 021	Date:	19 November 2002

Following are the forms for the Notice of substantial holder. Any problems please do not hesitate to contact me on 02 9247 2900.

Regards,

Nigel Jones

605 page 1/? 15 July 2001

Form 605

Corporations Act 2001 Section 6718

Notice of ceasing to be a substantial holder

In Company Name/Scheme	GTN RESOURCES LTD
ACN/ARSN	004 681 734

1. Details of substantiel holder(1)

Name	EXCEL EQUITIES PTY LTD
ACN/ARSN (if applicable)	071 707 956	$\cdots$
The holder ceased to be a

substantial holder on	11 /11 /02
The previous notice was given to the company on	07 /09/99
The previous notice was dated	07 /09/99

2. Changes in relevant interests

Pariculars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the
substantial holder was last required

----- Datu of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation. to change(5)	Class (6) and number of securities affected	Person's votes affected
02 NOV	EXCEL EQUITIES	SALE	281941	ORD	5034661
				5034661	__

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (?) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

$\cdots$ $\cdots$ ___ Name and ACN/ARSN (if applicable)	------- Nature of association ----	--- $\cdots$ .	---
__ ---- ____		ᅮ
---- ----	--- .		__

4. Addresses

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

Name	. . Address - --- . . –
. LTD PTY. EQUITIES IEXCEL ------	2000 NSW SYDNEY STP FFT YORK LEVEL 100.00
--- ____	_________

Signature

PHOT DAME NIGEL JONES 1.1111	capacity SECRETARY ------
sign here	$\zeta$ ate $\leq$ 8 / 11 /2002
. .

DIRECTIONS

• If there are a number of substantial noiders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and mustee of an $[1] % \centering \includegraphics[width=0.9\textwidth]{images/TrDiS-Architecture.png} % \caption{The first two different values of $S$ in the image and $S$. The first two different values of $S$ in the image.} \label{fig:TrDiS-Architecture} %$ equity trust), the names could be included in an ameaure 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 4 of the form.
• See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. $(2)$
• See the definition of "associate" in section 9 of the Corporations Act 2001. $\qquad \qquad \textbf{(3)}$
• $\left( 4\right)$ include details of
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6710(4) applies, a copy of any $\omega$ 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 eccompany this form, together with a written statement certify ng 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 idisposal of the securities to ω, which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of fre evant agreement" in section 9 of the Corporations Act 2001.

• 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 $\left( b\right)$ 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 rolevant interest was acquired
• The voting shares of a company constitute one class unless divided into separate classes. 伺
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $\left( \mathcal{I}\right)$

page 1/2 15 July 2001 604

Form 604

Corporations Act 2001 Section 871B

Notice of change of interests of substantial holder

IO Company Name/Scheme	GTN RESOURCES LTD __	$\cdots$ ----	$\sim$ $-$
ACN/ARSN	004 681 734 . ALCOHOL: 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 - 1999 -	__	-----

1. Details of substantial holder(1)

Name	ABEX RESOURCES AUSTRALIA PTY LTD
ACN/ARSN [if applicable]	457 206 070
There was a change in the interests of the substantial holder on	11/11/02

08 / 06 / 00

$08/06/00$

2. Previous and present voting power

The previous notice was dated

The previous notice was given to the company on

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]	___ Provious notice		Present notice $\cdots$
2.111111	Person's votes	Vating power (5) ----	Person's votes	Voting power (5)
ORDINARY	------ 5968023	30.3%	16557334	133.38 . __
	وسيست ساليور . .	.

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 rolation to change (7)	Class and number of SCCUTTUES afferted	Person's votes afferted
	11 NOV 02 ABEX RESOURCES	PURCHASE	S119 745	12138304	12138304
NOV 11	02 EUREKA	ASSOCIATE	SHARE CANCELLED 1486255		3486255

4. Present relevant interests

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

Holder of relevant interest	. kecistored holder of securities	Person entitled to be egistered as holder (8)	Naturo of relevant interest (6)	Class and numbar of securities	Person's votes
ABEX	ABEX	ABEX	BENEFICIAL	3071079	3071079
EUREKA	EUREKA CAPITAL	IEUREKA CAPITAL	LASSOCIATE	3486255	3486255

504 page 2/2 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)	Natura of association
IEUREKA CAPITAL PARTNERS	125.2% SHAREHOLDER OF THE COMPANY
	---

6. Addresses

The addresses of persons named in this form are as 'ollows:

. Name	Address
	'ABEX RESOURCES AUSTRALIA 41 WHEELER PARADE DEE WHY NSW 2099
CAPITAL PARTNERS EUREKA	ILEVEL 9, 1 YORK STREET SYDNEY NSW 2000

Signature

	POUL USING ANTHONY HAGGARTY	Capacity DIRECTOR
sign here	л	- 72002 - 11 $-01$ date

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 and trustee of an $(1)$ 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 fam.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $[2]$
• See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. $\left\vert \mathbb{G}\right\rangle$
• The voting shares of a company constitute one class unless divided into separate classes. $\left( 4\right)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $\left( 6\right)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(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 idisposal of the securities to (b) 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

• 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 $\Omega$ entitled to receive in relation to that acou sition. Details must be included oven 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.
• 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". $\boldsymbol{\theta}$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. (9)

page 1/2 15 July 2001 603

Form 603

Corporations Act 2001 Section 071B

Notice of initial substantial holder

To_ Company Name/Scheme	GTN RESOURCES LTD
ACN/ARSN	004 681 734
1. Details of supstantial holder (1) Name	HAGGARTY HOLDINGS PTY LTD
ACN/ARSN (if applicable)	096 883 073

$11/11/02$ The holder became a substantial holder on

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

Class of securities (4) ----	Number of securities	Person's votes (5) 1.00000 __	Voting power (b)
ORDINARY	3920403 ----	3920403	19.9
-----		---	---
______	.

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 a substantial holder are as follows:

Holder of relevant interest	Vature of relevant interest (7)	Class and number of securities
EUREKA CAPITAL PARTNERS ASSOCIATE		3486255
THE GLEN RURAL PTY LTD	ASSOCIATE	434146

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 interost	Registered holder of securities	Person entitled to be reqistered as holder (B)	Class and number of securities
EUREKA CAPITAL	'EUREKA CAPITAL	EUREKA CAPITAL	ORD 3486255
THE GLEN RURAL	'THE GLEN RURAL	THE GLEN RURAL	ORD 434148

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:

Halder of relevant nterest	Date of acquisition .	Consideration (9)		Class and number of securities
		Cash	Non-cash
EUREKA CAPITAL PART 4/5/00'		12582538		0RD 3486255
THE GLEN RURAL	28/6/01 .	199854 .		'ORD 434130

page 2/2 15 July 2001 603

6. Associates

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

__ Name and ACN/ARSN (f applicable)	Nature of association
EUREKA CAPITAL PARTNERS	123% SHAREHOLDER IN THE COMPANY ----
THE GLEN RURAL P/L	'100% SHAREHOLDER IN THE COMPANY

7. Addresses

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

Name	10.40	Address
HAGGARTY MOLDINGS PTY LTD 41 WHEELER PARADE DEE WHY NSW 2099
EEUREKA CAPITAL PARTNERS		LEVEL 9 1 YORK STREET SYDNEY NSW 2000

Signature

	print name ANTHONY HAGGARTY ----	capacity DIRECTOR
sign here		187 11 72002 date

DIRECTIONS

• If there are a number of substantial holders with similar or related ralovant interests (eg. a corporation and Its related corporations, or the imanager and trustee of an $(1)$ 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 acdresses of members is clearly set out in paragraph 7 of the tam
• See the definition of "associate" in section 9 of the Corporations Act 2001. $\left|2\right\rangle$
• See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. D)
• The voting shares of a company constitute one class unless divided into separate classes. $\left( 4\right)$
• 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 has a relevant $\left( 5\right)$ interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. 6
• $\sqrt{2}$ include details of
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(4) applies, a copy of any document setting out (a) 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 larrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or ldisposal of the securities to (b) 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 (eq. if the relevant Interest arises because of an option) write "unknown". $(3)$
• 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 (9) emplied 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 applied.

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

10 Company Name/Scheme	GTN RESOURCES LTD
ACN/ARSN	004 681 734
1. Details of substantial holder (1) Name	HFTT PTY LTD
ACN/ARSN (if applicable)	100 848 842

$11/11/02$ The holder became a substantial holder on

2. Details of voting power

The rocal 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

Class of securities (4)	Number of securities	Person's votes (5) --- ┳	Voting power (6)
ORDINARY 10.188	____ 3486255 1.000.000	3486255	17.76 -------
$\sim$ $\sim$ $\sim$		__	_

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 a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7) ----	$\sim -1$ Class and number of securities
$\cdots$ 'EUREKA CAPITAL PARTNERS	LASSOCIATE	3466255 . ---

4. Details of prosent 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)	Ciass and number of securities
EUREKA CAPITAL	EUREKA CAPITAL	EUREKA CAPITAL	'ORD 3486255
PARTNERS LTD	PARTNERS LTD	PARTNERS LTD

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:

I lolder of relevant interest	--- Date of acquisition	Consideration (9)		---- Ciass and number of secur ties
		Cash	Non-cash
EUREKA CAPITAL PART	4/5/00	12582538 1.1.1.1		3486255 0RD. .

page 2/2 15 July 2001 603

6. Associates

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

Name and ACN/ARSN (if applicable)	Nature of association
IEUREKA CAPITAL PARTNERS	123% SHAREHOLDER IN THE COMPANY

7. Addresses

The addresses of persons named in this form are as follows

Name	Address
HFTT PTY LTD	'41 WHEELER PARADE DEE WHY NSW 2099
	EEUREKA CAPITAL PARTNERS LEVEL 9 1 YORK STREET SYDNEY NSW 2000

Signature

	print name ANTHONY FAGGARTY	capacity DIRECTOR
sign here		18/11/2002 date

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 and trustee of an $\mathbf{u}$ 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 mombers is clearly set out in paragraph ? of the form
• See the definition of "associate" in section 9 of the Corporations Act 2001. Ø
• See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. $\boldsymbol{\beta}$
• The voting shares of a company constitute one class unless divided into separate classes. $\left\vert 4\right\rangle$
• The total number of votes attached to all the voting shares in the company or voting interests in the schome (if any) that the person or an associate has a relevant $[5] \centering% \includegraphics[width=0.3\textwidth]{Figures/PD1.png} \caption{The 3D (black) model for the top of the top of the top of the top of the top of the top of the top of the top of the top of the top of the top of the top of the top of the$ interest in
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $\left(\mathbf{\bar{b}}\right)$
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(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 anangement, must accompany Ы this form, together with a written statement certifying this contract, scheme or larrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the excroise of, the voting powers or ldisposal of the securities to $\left( 1\right)$ 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" $\langle 6 \rangle$
• 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. Dotails must be included even if the benefit is conditional on the happening or not of a contingency. Details must be $\left( 0\right)$ included of any benefit paid on benefit file substantial holder or its associate in relation to the exquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.