MEC RESOURCES LIMITED — Major Shareholding Notification 2020

Sep 20, 2020

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme

MEC Resources Ltd

ACN/ARSN

113 900 020

1. Details of substantial holder

Name Robert Marusco ACN/ARSN (if applicable)

The holder became a substantial holder on

4 /10/2019

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 had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities	Number of securities	Person's votes	Voting power
Ordinary Shares	35,792,200	5.2%	5.2%

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 area follows:

substantial holder area follows:	substantial holder area follows:
Holder of relevant interest		Nature of relevant interest		Class and number of securities
Robert Marusco Robert Marusco		Indirect interest in shares held by Marusco Investments Pty Ltd . Mr Marusco is one of four members in the fund Indirect interest in shares held by Here Capital Pty Ltd. Mr Marusco is a director of Here Capital and owns an indirect non- controlling 45% interest in Here Capital		15,000,000 20,792,200
4. Details of present registered holders ~~Th itd hld f th~~		~~iti fd t i h3 b fll~~
~~e persons regsere as oers o~~		~~secures reerre o n paragrap aove are as oo~~		~~s:~~
Holder of relevant interest	Registered holder of securities		Person entitled to be registered as holder	Class and number of securities
Marusco Investments Pty Ltd Here Capital Pty Ltd	Marusco Investments Pty Ltd Here Capital Pty Ltd		Marusco Investments Pty Ltd Here Capital Pty Ltd	15,000,000 20,792,200

4. Details of present registered holders

~~The persons registered as holders of the securities referred to in paragraph3 above are as follows:~~

~~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:

Holder of relevant interest	Date of acquisition	Consideration	Consideration	Class and number of securities
		Cash	Non-cash
Marusco Investments Pty Ltd Here Capital PtyLtd	6/08/2019 4/10/2019	$75,000	$103,960	15,000,000 20,792,000

603 page 2/2 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
Marusco Investments Pty Ltd Here Capital Pty Ltd	Director and one of 4 members of the Marusco Superfund Director of Here Capital Pty Ltd and non-controlling shareholder holding a 45% indirect interest in Here Capital
es of persons named in this form are a	s follows:
Name	Address
Robert Marusco	PO box 117 North Fremantle WA 6159
Marusco Investments Pty Ltd	GPO Box 895 Sydney NSW 2001
Here Capital Pty Ltd	PO Box 840 South Perth Western Australia 6951

7. Addresses

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

Signature

print name sign here	Robert Marusco capacity Director
	Date 18 / 09 / 2020