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LEEUWIN METALS LTD Major Shareholding Notification 2026

Mar 25, 2026

65245_rns_2026-03-25_b70a1e4c-8464-4d60-8727-4c9ffc2082e7.pdf

Major Shareholding Notification

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Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Leeuwin Metals Limited (LM1) Name/Scheme ACN/ARSN 656 057 215

1. Details of substantial holder (1)

Name Cumulus Wealth ACN/ARSN (if applicable) 634 297 279

There was a change in the interests of the substantial holder on 23/03/2026 The previous notice was given to the 09/07/2025 company on The previous notice was dated 09/07/2025

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)
Fully Paid Ordinary Shares
(“FPOs”)
8,119,066 8.05% 11,913,205 9.37%

3. Changes in relevant interests – (Annexure 1)

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

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 a holder (8)
Nature of
relevant
interest (6)
Class and
number of
securities
Person’s
votes
Cumulus
Wealth Pty
Ltd
Clients of Managed
Discretionary Accounts
as operated by FinClear
Execution Limited and
managed by Cumulus
Wealth Pty Ltd.
Clients of Managed
Discretionary Accounts as
operated by FinClear Execution
Limited and managed by
Cumulus Wealth Pty Ltd.
FPOs 11,913,205 11,913,205

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
N/A

6. Addresses

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

Name
Cumulus Wealth
Address
Suite 4, Level 7, 330 Collins Street, Melbourne, VIC, 3000
Signature
print name Mark Goulopoulos Capacity Director
sign here Authorised for electronic lodgement by Mark
Goulopoulos
date 25/03/2026

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.

Annexure 1

Annexure Annexure Annexure Annexure Annexure Annexure Annexure
Date of Change Person Whose Relevant Interest Changed Nature of Change Consideration Given In
Relation To Change
Class of Securities Number of Securities Person's Votes Affected
11/07/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,427.87
$
FPO 32,799 32,799
11/07/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 8,856.54
$
FPO 65,604 65,604
11/07/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 17,702.15
$
FPO 131,127 131,127
15/07/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 18,760.62
$
FPO 133,089 133,089
9/09/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Sale 17,600.00
$
FPO 128,000
-
128,000
-
10/09/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Sale 20,480.51
$
FPO 110,000
-
110,000
-
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 168,377.27
$
FPO 716,499 716,499
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 40,000.06
$
FPO 170,213 170,213
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 7,936.66
$
FPO 33,773 33,773
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 4,487.56
$
FPO 19,096 19,096
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 3,500.09
$
FPO 14,894 14,894
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 29,999.16
$
FPO 127,656 127,656
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 6,500.10
$
FPO 27,660 27,660
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 2,299.95
$
FPO 9,787 9,787
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 44,999.92
$
FPO 191,489 191,489
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 25,460.14
$
FPO 108,341 108,341
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 16,473.74
$
FPO 70,101 70,101
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 19,926.59
$
FPO 84,794 84,794
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 15,000.05
$
FPO 63,830 63,830
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 18,681.09
$
FPO 79,494 79,494
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 10,785.56
$
FPO 45,896 45,896
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 6,999.95
$
FPO 29,787 29,787
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 6,500.10
$
FPO 27,660 27,660
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 6,180.27
$
FPO 26,299 26,299
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 7,788.37
$
FPO 33,142 33,142
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 6,000.02
$
FPO 25,532 25,532
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 3,707.60
$
FPO 15,777 15,777
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 2,202.19
$
FPO 9,371 9,371
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 3,500.09
$
FPO 14,894 14,894
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 7,500.03
$
FPO 31,915 31,915
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 7,500.03
$
FPO 31,915 31,915
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 5,316.88
$
FPO 22,625 22,625
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 5,000.10
$
FPO 21,277 21,277
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 12,999.97
$
FPO 55,319 55,319
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 4,376.41
$
FPO 18,623 18,623
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 15,346.44
$
FPO 65,304 65,304
24/10/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. Placement 15,346.44
$
FPO 65,304 65,304
12/12/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 10,065.00
$
FPO 61,000 61,000
18/12/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Sale 9,795.60
$
FPO 65,304
-
65,304
-
23/12/2025 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Sale 3,458.40
$
FPO 23,056
-
23,056
-
28/01/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 14,300.00
$
FPO 65,000 65,000
6/02/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 15,300.00
$
FPO 85,000 85,000
11/02/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 6,650.00
$
FPO 35,000 35,000
5/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 6,766.87
$
FPO 43,000 43,000
18/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 22,769.19
$
FPO 146,898 146,898
19/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 5,033.55
$
FPO 33,557 33,557
19/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 3,685.20
$
FPO 24,568 24,568
19/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 2,715.15
$
FPO 18,101 18,101
19/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 2,999.17
$
FPO 19,414 19,414
19/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 2,967.45
$
FPO 19,783 19,783
19/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 3,814.80
$
FPO 25,432 25,432
20/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 3,434.40
$
FPO 22,896 22,896
20/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,439.85
$
FPO 29,599 29,599
20/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,484.40
$
FPO 29,896 29,896
20/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,225.05
$
FPO 28,167 28,167
20/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 3,276.75
$
FPO 21,845 21,845
20/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,500.00
$
FPO 30,000 30,000
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 7,965.30
$
FPO 53,102 53,102
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 5,001.00
$
FPO 33,340 33,340
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 5,100.00
$
FPO 34,000 34,000
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 5,831.70
$
FPO 38,878 38,878
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,235.84
$
FPO 30,256 30,256
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Share 5,881.26
$
FPO 42,009 42,009
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 5,683.95
$
FPO 37,893 37,893
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 1,504.35
$
FPO 10,029 10,029
23/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 401.70
$
FPO 2,678 2,678
24/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 7,000.00
$
FPO 50,000 50,000
24/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 6,196.68
$
FPO 44,262 44,262
24/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 6,637.12
$
FPO 47,408 47,408
24/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 7,120.12
$
FPO 50,858 50,858
24/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 2,123.38
$
FPO 15,167 15,167
24/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 7,354.06
$
FPO 52,529 52,529
25/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 4,809.94
$
FPO 33,172 33,172
25/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 10,945.33
$
FPO 75,485 75,485
25/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 6,109.87
$
FPO 42,137 42,137
25/03/2026 Clients of MDAs as operated by FinClear Execution Limited and managed by Cumulus Wealth Pty Ltd. On Market Purchase 9,751.83
$
FPO 67,254 67,254