LEGEND MINING LIMITED — Major Shareholding Notification 2019

Sep 30, 2019

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Legend Mining Limited
ACN/ARSN	060 966 145
1. Details of substantial holder(1)
Name	Mark Gareth Creasy, Yandal Investments Pty Ltd (ACN 070 684 810), Australian Gold Resources Pty Ltd(ACN 006 712 956), Ponton Minerals Pty Ltd (ACN 108 313 024), Rockford Metals Pty Ltd (ACN 080 211 301) and Motwil Pty Ltd (ACN 076 409 884).
ACN/ARSN (if applicable)	As above
There was a change in the interests of the substantial holder on	30.09.2019
The previous notice was given to the company on	25.09.2015
The previous notice was dated	25.09.2015
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 Fully Paid Shares	581,235,000	28.57%	636,790,555	26.84%

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 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
30.09.19	Ponton Minerals Pty Ltd	Shares issued pursuant to the Tenement Sale and Joint Venture Agreement dated 17 July 2019	Consideration in exchange for 70% Interest in various tenements	55,555,555 Ordinary Shares	55,555,555
11.07.19	Yandal Investments Pty Ltd	Dilution as a result of the issue of placement shares	N/A	N/A	N/A
11.07.19	Australian Gold Resources Pty Ltd	Dilution as a result of the issue of placement shares	N/A	N/A	N/A
11.07.19	Ponton Minerals Pty Ltd	Dilution as a result of the issue of placement shares	N/A	N/A	N/A
11.07.19	Rockford Metals Pty Ltd	Dilution as a result of the issue of placement shares	N/A	N/A	N/A
11.07.19	Motwil Pty Ltd	Pursuant to section 608(3) of the Corporation Act Deemed Relevant Interest in Rockford Metals Pty Ltd Dilution as a result of the issue of placement shares	N/A	N/A	N/A

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
Australian Gold Resources Pty Ltd	Australian Gold Resources Pty Ltd	Australian Gold Resources Pty Ltd	Registered Holder	164,985,000 Ordinary Shares	6.96%
Yandal Investments Pty Ltd	Yandal Investments Pty Ltd	Yandal Investments Pty Ltd	Registered Holder	344,750,000 Ordinary Shares	14.53%
Ponton Minerals Pty Ltd	Ponton Minerals Pty Ltd	Ponton Minerals Pty Ltd	Registered Holder	103,555,555 Ordinary Shares	4.36%
Rockford Metals Pty Ltd	Rockford Metals Pty Ltd	Rockford Metals Pty Ltd	Registered Holder	23,500,000 Ordinary Shares	0.99%
Motwil Pty Ltd	Rockford Metals Pty Ltd	Rockford Metals Pty Ltd	Pursuant to section 608(3) of the Corporation Act Deemed Relevant Interest by virtue of 100% ownership of Rockford Metals Pty Ltd	23,500,000 Ordinary Shares	Nil

1. 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
Yandal Investments Pty Ltd A.C.N.: 070 684 810)	Common controller pursuant to section 12(2)(a)(iii) of the Corporations Act 2001 (Cth)
Australian Gold Resources Pty Ltd A.C.N.: 006 712 956	Common controller pursuant to section 12(2)(a)(iii) of the Corporations Act 2001 (Cth)
Rockford Metals Pty Ltd A.C.N.: 080 211 301	Common controller pursuant to section 12(2)(a)(iii) of the Corporations Act 2001 (Cth)
Motwil Pty Ltd A.C.N.: 076 409 884	Relevant interest of Rockford Metals Pty Ltd pursuant to section 608(3) of the Corporations Act
Ponton Minerals Pty Ltd A.C.N.:108 313 024	Common controller pursuant to section 12(2)(a)(iii) of the Corporations Act 2001 (Cth)

6. Addresses

The addresses of persons named in this form are:

Name	Address
Australian Gold Resources Pty Ltd	Level 11, 215 St. George's Terrace, Perth WA
Yandal Investments Pty Ltd	Level 11, 215 St. George's Terrace, Perth WA
Ponton Minerals Pty Ltd	Level 11, 215 St. George's Terrace, Perth WA
Rockford Metals Pty Ltd	Level 11, 215 St. George's Terrace, Perth WA
Motwil Pty Ltd	Level 11, 215 St. George's Terrace, Perth WA

Signature

print name

capacity Sole Director & Secretary Date

Mark Gareth Creasy

1 October 2019

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$

$\alpha$

• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, $(a)$ 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
• 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 $(b)$ 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.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, $(7)$ 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.
• If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest arises because of an option) write "unknown". $(8)$
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.