Metals X Limited — Major Shareholding Notification 2016

Aug 9, 2016

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme	Metals X Limited	Metals X Limited
ACN/ARSN	110 150 055
1.Details of substantial holder (1)
Name	Jinchuan Group Limited
ACN (if applicable)
There was a change in the interests of the		09 / 08 / 2016
substantial holder on
The previous notice was given to	the	25 / 07 / 2016
company on
The previous notice was dated		25 / 07 / 2016

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interest 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 shares	44,000,000	8.44%	44,000,000	7.43%
	(based on		(based on
	527,837,382		592,164,090
	shares on issue)		shares on issue)

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	Person whose relevant	Person whose relevant	Nature of change (6)	Consideration given	Class and	Person’s votes
change	interest changed			in relation to change	number of	affected
				(7)	securities affected
09/08/16	Jinchuan	Group	Issue of 68,000,000 ordinary shares	N/A	N/A	N/A
	Limited		pursuant to a placement by MLX
			resulting in dilution of relevant
			interest.

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	Registered holder of	Person entitled to be	Nature of relevant interest (6)	Class and number of	Person’s votes
interest	securities	registered as holder		securities
		(8)
Jinchuan Group	Jinchuan Group	Jinchuan Group	Beneficial Owner	Ordinary shares	44,000,000
Limited	Limited	Limited		44,000,000

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 (if applicable)	Nature of association
N/A	N/A

6. Addresses

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

essessses of persons named in this form are as follows:
Name	Address
Jinchuan Group Limited	98 Jinchuan Road, Jinchang City, Gansu Province 737100 PR CHINA

Signature

print name Yimin Zhang

sign here

capacity Chief Representative in Australia date 10 / 08 / 2016

	sign heredate10 / 08 / 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 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,ifappropriate, ofthe present associationand any changeinthat associationsince thelast substantial holdingnotice.