MAGMATIC RESOURCES LIMITED — Major Shareholding Notification 2021

Apr 29, 2021

604 page 1/2

Form604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme MAGMATIC RESOURCES LIMITED

ACN/ARSN 615 598 322

1. Details of substantial holder(1)

BILINGUAL SOFTWARE PTY LTD (BILINGUAL) DAVID & RYOKO RICHARDSON (RICHARDSON)

ACN/ARSN (if applicable) 124 821 218

There was a change in the interests of the 12/03/2021 substantial holder on The previous notice was given to the company on 12/12/2019 The previous notice was dated 12/12/2019

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	Person's votes	Voting power (5)
ORD	42,442,571	27.35%	42,442,571	19.53%

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 to change(7)	Class and number of securities affected	Person's votes affected
12/03/2021	BILINGUAL SOFTWARE PTY LTD AND D&R RICHARDSON	Dilution due to issue of 41,666,670 shares to third parties	n/a	ORD	42,442,571

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	Registere d holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Bilingual	Bilingual	Bilingual	Registered holder	36,668,823	16.87%
Richardson	Richardson	Richardson	Registered holder	5,773,748	2.66%

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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
	Bilingual Director Associate
	Richardson Director Associate
6. Addresses
The addresses of persons named in this form are as follows:
	Name Address
	Bilingual PO Box 785, West Perth WA 6872
	Richardson Apt 402, 40 Quentin Avenue, Claremont, WA 6010
Signature
	print name DAVID RICHARDSON	capac ity DIRECTOR
	sign here	date 30.04.2021
	DIRECTIONS
(1)	If there area 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 paragraph6 of the form.
(2)	See the definition of "associate" in section9 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 schememultipliedby100.
(6)	Include details of:
	(a) Any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection671B (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 section9 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.