METGASCO LTD — Major Shareholding Notification 2021

Aug 23, 2021

Corporations Act 2001

Form 604

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Metgasco Limited ( MEL )

ACN/ARSN 088 196 383

1. Details of substantial holder (1)

Name Aurora Funds Management Limited ( Aurora ) (ABN 69 092 626 885) as responsible entity of HHY Fund ARSN 112 579 129 ( HHY ).

ACN 092 626 885

Name Aurora Corporate Pty Ltd as trustee of the Aurora Investments Unit Trust (Aurora Corporate)

ACN 613 173 238

There was a change in the interests of the substantial holder on 20 August 2021 The previous notice was given to the company on 15 September 2020 The previous notice was dated 15 September 2020

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	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary shares (Shares)	42,222,735	7.68%	42,539,781	6.52%

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 ofchange	Person whoserelevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person’s votesaffected
07/07/2021	AFML asresponsible entity ofHHY	On-market sales	$63,111.81	2,281,092 shares	2,281,092
20/08/2021	AFML asresponsible entity ofHHY	Entitlement Offer	$64,953.45	2,598,138 shares	2,598,138

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevant interest (6)	Class andnumber ofsecurities	Person’s votes
AFML asresponsibleentity of HHY	BNP Paribas Nominees PtyLtd ACN 084 150 023 <IBAU NOMS RETAIL CLIENTDRP>	BNP ParibasNominees PtyLtd ACN 084 150023 <IBAU NOMS RETAILCLIENTDRP>	Relevant interest undersection 608(1)(b) and/or608(1)(c) of the Act, beinga relevant interest arisingfrom having the power tocontrol the exercise of theright to vote attached tosecurities and/or tocontrol the exercise of thepower to dispose of thesecurities (in its capacityas responsible entity of amanaged investmentscheme)	42,539,781Shares	42,539,781
AuroraCorporate PtyLtd	All of the above	All of the above	Relevant interest undersection 608(3)(a) of theCorporations Act, being arelevant interest in thesecurities in which Aurorahas a relevant interestbecause AuroraCorporate has votingpower above 20% inAurora.	All of the above	All of theabove

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
Not applicable

6. Addresses

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

Name	Address
AFML, Aurora Corporate, HHY	Suite 613, Level 6, 370 St Kilda Road, Melbourne VIC 3004
BNP	Level 7, 60 Castlereagh Street, Sydney NSW 2000

Signature

print name John Patton Company Secretary sign here date 24 August 2021

This is Annexure A referred to in Form 604 Notice of change of interests of substantial holder, signed by me and dated 24 August 2021.

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John Patton Company Secretary