METRO MINING LIMITED — Major Shareholding Notification 2021

Jul 25, 2021

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Metro Mining Limited ( MMI )

ACN/ARSN ACN 117 763 443

1. Details of substantial holder (1)

Name Lambhill Pty Limited (ACN 009 976 603) as trustee for the Willims Final Discretionary Trust, Willims Superannuation Pty Ltd (ACN 137 354 833) as trustee for Willims Superannuation A/C, Gregory Ian Willims and Susanne Willims ACN/ARSN (if applicable) As above

There was a change in the interests of the substantial holder on 22 / 07 / 2021 The previous notice was given to the company on 06 / 07 / 2021 The previous notice was dated 06 / 07 / 2021

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	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	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
relevant interest(3)in when last required,and when now required,togive a substantial holdingnotice to the companyor scheme,are as follows:
Class of securities Previous notice	Present notice
(4) Person’s votes Voting power(5)	Person’s votes	Voting power
Fully paid ordinary shares 130,781,120 6.40%	130,781,120	5.34%*

• Voting power has decreased as a result of dilution due to new share issues.

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 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 relation to change (7)	Class and number of securities affected	Person’s votes affected
N/A	N/A	N/A	N/A	N/A	N/A

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	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
Lambhill Pty Limited (ACN 009 976 603)	Lambhill Pty Limited (ACN 009 976 603)	Lambhill Pty Limited (ACN 009 976 603)	Registered holder of securities - Section 608(1)(a) of the Corporations Act 2001(Cth)	42,000,000 fully paid ordinary shares in MMI	42,000,000

Gregory Ian Willims	Lambhill Pty Limited (ACN 009 976 603)	Lambhill Pty Limited (ACN 009 976 603)	Relevant interest in securities held by a body corporate in which the person's voting power is above 20% (Gregory Ian Willims has voting power above 20% in Lambhill Pty Limited (ACN 009 976 603), and is a beneficiary of the Willims Final Discretionary Trust) - Section 608(3)(a) of the_Corporations_ Act 2001(Cth)	42,000,000 fully paid ordinary shares in MMI	42,000,000
Willims Superannuation Pty Ltd (ACN 137 354 833)	Willims Superannuation Pty Ltd (ACN 137 354 833)	Willims Superannuation Pty Ltd (ACN 137 354 833)	Registered holder of securities - Section 608(1)(a) of the Corporations Act 2001(Cth)	11,057,354 fully paid ordinary shares in MMI	11,057,354
Gregory Ian Willims	Willims Superannuation Pty Ltd (ACN 137 354 833)	Willims Superannuation Pty Ltd (ACN 137 354 833)	Relevant interest in securities held by a body corporate in which the person's voting power is above 20% (Gregory Ian Willims has voting power above 20% in Willims Superannuation Pty Ltd (ACN 137 354 833), and is a beneficiary of Willims Superannuation A/C) - Section 608(3)(a) of the Corporations Act 2001(Cth)	11,057,354 fully paid ordinary shares in MMI	11,057,354
Gregory Ian Willims	Gregory Ian Willims	Gregory Ian Willims	Registered holder of securities - Section 608(1)(a) of the Corporations Act 2001(Cth)	70,895,060 fully paid ordinary shares in MMI	70,895,060
Susanne Willims	Susanne Willims	Susanne Willims	Registered holder of securities - Section 608(1)(a) of the Corporations Act 2001(Cth)	6,828,706 fully paid ordinary shares in MMI	6,828,706

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 relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A - no changes from the previous notice	N/A - no changes from the previous notice
N/A - no changes from the previous notice	N/A - no changes from the previous notice

6. Addresses

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

Name	Address
Lambhill Pty Limited (ACN 009 976 603)	1 Palm Avenue, Ascot, Queensland, 4007
Willims Superannuation Pty Ltd (ACN 137 354 833)	1 Palm Avenue, Ascot, Queensland, 4007
Gregory Ian Willims	1 Palm Avenue, Ascot, Queensland, 4007
Susanne Willims	1 Palm Avenue, Ascot, Queensland, 4007

Signature

print name Gregory Ian Willims	capacity	Registered holder and
		director of Lambhill Pty
		Limited (ACN 009 976
		603) and Willims
		Superannuation Pty
		Ltd (ACN 137 354
		833)
sign here	date	23 / 07 / 2021
DIRECTIONS
ber of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and
y trust), the names could be included in an annexure to the form. If the relevant interests	of a group of persons	are essentially similar,
ed to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is
aragraph 6 of the form.
of "associate" in section 9 of the Corporations Act 2001.
of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
of a company constitute one class unless divided into separate classes.
s divided by the total votes in the body corporate or scheme multiplied by 100.

• (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 on 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.