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INDUSTRIAL MINERALS LTD Major Shareholding Notification 2021

Jul 18, 2021

65126_rns_2021-07-18_d54d21f8-5d8c-4aa6-a4f8-f452cd9c1a13.pdf

Major Shareholding Notification

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603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme Industrial Minerals Ltd

ACN/ARSN 648 183 297

1. Details of substantial holder (1)

Name Tolga Kumova

ACN/ARSN (if applicable)

The holder became a substantial holder on

13/ 07 /2021

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 ofsecurities Person's votes(5) Voting power (6)
ORD 7,625,420 7,625,420 12.09%

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:

ollows:
Holder of relevantinterest Nature of relevant interest (7) Class and number ofsecurities
SISU INTERNATIONAL PTY LTD Registered and beneficial holder 7,625,420 ORD

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 relevantinterest Registered holderofsecurities Person entitledto beregisteredasholder (8) Classandnumberofsecurities
SISU INTERNATIONAL PTY LTD SISU INTERNATIONAL PTY LTD SISU INTERNATIONAL PTY LTD 7,625,420 ORD

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 relevantinterest Date ofacquisition Consideration (9) Classandnumberofsecurities
Cash Non-cash
SISU INTERNATIONAL PTY LTD 1 March 2021 $728 7,283,333 ORD
SISU INTERNATIONAL PTY LTD 13 July 2021 $60,480 202,383 ORD
SISU INTERNATIONAL PTY LTD 14 July 2021 $42,542 139,704 ORD