MARVEL GOLD LIMITED — Major Shareholding Notification 2016

Jun 13, 2016

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme Graphex Mining Limited

ACN/ARSN ABN 77 610 319 769

1. Details of substantial holder (1)

Name Technical Investing Pty Ltd

ACN/ARSN (if applicable) ABN 86 111 646 032

The holder became a substantial holder on 09/06/2016

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:

	s of voting power
	number of votes attached to al	l the voting shares in the co	mpany or voting interests in		the scheme that the substantial ho
	(2) had a relevant interest (3)	in on the date the substanti	al holder became a substant		ial holder are as follows:
Class	of securities (4)	Number of securities		Person's votes (5)		Voting power (	6)
	Ordinary shares	3179832		31798	2	5.78%
		,,		,,

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:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Technical Investing Pty Ltd	As trustee for Technical Investing AbsoluteReturn Fund	1,523,457
Technical Investing Pty Ltd	As trustee for TI Growth Fund	1,656,375

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 holder ofsecurities	Person entitled to beregistered asholder(8)	Class and number of securities
Technical Investing PtyLtd	UBS Nominees Pty Ltd	UBS Nominees Pty Ltd	3,179,832

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:

	deration
	ideration paid for each relevant interestal holder became a substantial holder is		referred to in paragraph 3 above, and acas follows:			quired in the four months prior to the da
	Holder of relevantinterest	Date of	acquisition	Consideration (		9)	Class and number of sec	urities
				Ch	N	-h
				as		ncas
Tech					IXR	In specie
	nical Investing Pty Ltd	8/	/16	Nil		dist	Ord. 1,179,832
Technical Investing Pty Ltd
		8/6/16		$400,000	Nil

603 Page 2 of 2 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association

7. Addresses

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

Name	Address
Technical Investing Pty Ltd	55 Crown St, Bellingen, NSW, 2454
UBS Nominees	Level 16, Chifley Tower, 2 Chifley Square, Sydney, NSW, 2000

Signature

ure
print namesign here	Tim SuttoncapacityDirector
	date14/06/2016

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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• (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) 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.