Lachlan Star Limited — Major Shareholding Notification 2021

Feb 7, 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 Lachlan Star Limited ACN/ARSN 000 759 535

1. Details of substantial holder (1)

Name Croesus Mining Pty Ltd and , N & J Mitchell Holdings Pty Ltd , Linda Louise Steinepreis, Carly Louise McGowan, Elizabeth Louise Steinepreis and Judith Elizabeth Steinepreis

ACN/ARSN (if applicable) 009 328 143, 008 756 483 There was a change in the interests of the substantial holder on 08/02/2021 The previous notice was given to the company on 24/09/2020 The previous notice was dated 24/09/2020

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		Present notice
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Ordinary	68,497,872	7.82%	72,819,678	6.45%

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
	See Annexure A	Share movements on and off market, exercise of options, placement and dilution due to placement

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
	See Annexure A

604 Page 2 of 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) Nature of association

6. Addresses

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

Name	Address
All Parties	Level 1, 33 Ord Street, WEST PERTH WA 6005

Signature

print name sign here	Linda Louise Steinepreis capacity Director
	date 08/02/2021

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.

This is Annexure A (page 1 of 2) referred to in Form 604 (Notice of change of interests of substantial holder)

Signature

print name sign here	Linda Louise Steinepreis capacityDirector
	date 08/02/2021

3. Change 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 No. of securities affected	Persons Votes affected
26/06/2020	Croesus Mining Pty Ltd Super FundA/c>	Off Market Sale	$(5,000)	Ordinary (1,000,000)	(1,000,000)
16/10/2020	Linda Louise Steinepreis	On Market Sale	$(19,864)	Ordinary (1,000,000)	(1,000,000)
16/10/2020	Carly Louise McGowan	On Market Sale	$(19,863)	Ordinary (1,000,000)	(1,000,000)
16/10/2020	Elizabeth Louise Steinepreis	On Market Sale	$(19,863)	Ordinary (1,000,000)	(1,000,000)
16/10/2020	Judith Elizabeth Steinepreis	On Market Sale	$(19,863)	Ordinary (1,000,000)	(1,000,000)
20/10/2020	Croesus Mining Pty Ltd Super Fund A/c>	On Market Sale	$(30,655)	Ordinary (1,814,216)	(1,814,216)
23/10/2020	Croesus Mining Pty Ltd Super Fund A/c>	On Market Sale	$(14,875)	Ordinary (1,000,000)	(1,000,000)
23/10/2020	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	On Market Sale	$(10,117)	Ordinary (683,656)	(683,656)
24/10/2020	Linda Louise Steinepreis	On Market Sale	$(13,963)	Ordinary (1,000,000)	(1,000,000)
23/11/2020	Linda Louise Steinepreis	On Market Sale	$(14,863)	Ordinary (1,000,000)	(1,000,000)
19/01/2021	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	Exercise Options	$100,000	Ordinary 20,000,000	20,000,000
28/01/2021	Croesus Mining Pty Ltd Super Fund A/c>	Off Market Sales	$(171,700)	Ordinary (10,100,000)	(10,100,000)
29/01/2021	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	On Market Sale	$(21,163)	Ordinary (1,000,000)	(1,000,000)
01/02/2021	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	On Market Sale	$(41,746)	Ordinary (2,000,000)	(2,000,000)
02/02/2021	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	On Market Sale	$(41,725)	Ordinary (2,000,000)	(2,000,000)
08/02/2021	Croesus Mining Pty Ltd Super Fund A/c>	Placement	$168,635	Ordinary 9,919,678	9,919,678

This is Annexure A (page 2 of 2) referred to in Form 604 (Notice of change of interests of substantial holder)

Signature

print name Linda Louise Steinepreis capacity Director sign here date 08/02/2021

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 No. of securities	Persons Votes
Croesus Mining Pty Ltd Super Fund A/c>	Croesus Mining Pty Ltd Super Fund A/c>	Croesus Mining Pty Ltd Super Fund A/c>	Direct	Ordinary 31,819,678	31,819,678
Croesus Mining Pty Ltd Super Fund A/c>	Croesus Mining Pty Ltd Super Fund A/c>	Croesus Mining Pty Ltd Super Fund A/c>	Direct	Ordinary 13,000,000	13,000,000
N & J Mitchell Holdings Pty Ltd PropertiesA/c>	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	N & J Mitchell Holdings Pty Ltd PropertiesA/c>	Direct	Ordinary 15,000,000	15,000,000
Carly Louise McGowan	Carly Louise McGowan	Carly Louise McGowan	Direct	Ordinary 4,000,000	4,000,000
Elizabeth Louise Steinepreis	Elizabeth Louise Steinepreis	Elizabeth Louise Steinepreis	Direct	Ordinary 4,000,000	4,000,000
Judith Elizabeth Steinepreis	Judith Elizabeth Steinepreis	Judith Elizabeth Steinepreis	Direct	Ordinary 5,000,000	5,000,000