HASTINGS TECHNOLOGY METALS LTD — Major Shareholding Notification 2016

May 15, 2016

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

HASTINGS RARE METALS LIMTED

To Company Name/Scheme ACN/ARSN 122 911 399

1. Details of substantial holder (1)

Name

MR NEIL BARRY FRANKS

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 18/04/2016 The previous notice was given to the company on 13/02/2015 The previous notice was dated 03/02/2015

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:

Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
ORDINARY SHARES	25,120,000	6.54%	25,120,000	5.30%

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:

s follows:
Date of	Person whose	Nature of change (6)	Consideration	Class and	Person's
change	relevant interest		given in	number of	votes
	changed		relation to	securities	affected
			change (7)	affected
18/04/2016	MR NEIL BARRYFRANKS	DILUTION FOLLOWING SHAREPLACEMENT	NIL	ORDINARYSHARES	25,120,000

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	Registered holder	Person entitled to	Nature of relevant interest (6)	Class and	Person's
interest	of securities	be registered as		number of	votes
		holder(8)		securities
MR NEIL BARRYFRANKS	MR NEIL BARRYFRANKS	MR NEIL BARRYFRANKS	BENEFICIAL HOLDING	25,120,000FPO	25,120,000

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
NIL