MGX RESOURCES LIMITED — Major Shareholding Notification 2021

Feb 18, 2021

Form 604 Corporations Act 2001 Section 671B

Notice of Change of Interests of Substantial Holder

To: MOUNT GIBSON IRON LIMITED

ACN/ARSN:

1. Details of substantial holder (1)

Name: FMR LLC and the entities listed in Annexure A ("FMR") ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated

16 February 2021 10 December 2020 10 December 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	Previous Notice	Previous Notice	Present Notice	Present Notice
Securities (4)	Person’s votes	Voting Power (5)	Person’s votes	Voting Power (5)
COMMON	59,817,247	5.04%	71,888,974	6.06%
STOCK

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:

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Date of Person Nature of Consideration Class and Person’s votes
Change whose change (6) given in relation number of affected
relevant to change (7) securities
interest affected
changed
AUD COMMON COMMON
STOCK STOCK
12/09/2020 FMR BUY 0.8925 AUD 83,300 83,300
12/09/2020 FMR BUY 0.8925 AUD 916,700 916,700
12/09/2020 FMR BUY 0.9051 AUD 7,500 7,500
12/09/2020 FMR BUY 0.9051 AUD 37,028 37,028
12/10/2020 FMR BUY 0.8950 AUD 134,123 134,123
12/10/2020 FMR BUY 0.8950 AUD 159,200 159,200
12/10/2020 FMR BUY 0.9000 AUD 6,677 6,677
01/05/2021 FMR BUY 0.9302 AUD 4,390 4,390
01/14/2021 FMR BUY 0.9812 AUD 500,000 500,000
01/22/2021 FMR BUY 0.9660 AUD 912,057 912,057
01/25/2021 FMR BUY 0.9641 AUD 87,943 87,943
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01/27/2021 FMR BUY 0.9089 AUD 32,900 32,900
01/27/2021 FMR BUY 0.9089 AUD 273,262 273,262
01/27/2021 FMR BUY 0.9215 AUD 626,568 626,568
01/28/2021 FMR BUY 0.8900 AUD 41,800 41,800
01/28/2021 FMR BUY 0.8900 AUD 54,969 54,969
01/28/2021 FMR BUY 0.8900 AUD 128,200 128,200
01/28/2021 FMR BUY 0.8900 AUD 448,900 448,900
01/29/2021 FMR BUY 0.8620 AUD 112,100 112,100
01/29/2021 FMR BUY 0.8620 AUD 149,500 149,500
01/29/2021 FMR BUY 0.8620 AUD 151,270 151,270
01/29/2021 FMR BUY 0.8620 AUD 343,833 343,833
02/01/2021 FMR BUY 0.8332 AUD 124,600 124,600
02/01/2021 FMR BUY 0.8332 AUD 165,909 165,909
02/01/2021 FMR BUY 0.8332 AUD 380,200 380,200
02/02/2021 FMR BUY 0.8555 AUD 7,700 7,700
02/02/2021 FMR BUY 0.8555 AUD 19,900 19,900
02/02/2021 FMR BUY 0.8555 AUD 26,500 26,500
02/02/2021 FMR BUY 0.8555 AUD 60,735 60,735
02/02/2021 FMR BUY 0.8570 AUD 7,700 7,700
02/02/2021 FMR BUY 0.8570 AUD 7,700 7,700
02/02/2021 FMR BUY 0.8570 AUD 9,700 9,700
02/02/2021 FMR BUY 0.8570 AUD 22,115 22,115
02/03/2021 FMR BUY 0.8425 AUD 193,522 193,522
02/03/2021 FMR BUY 0.8425 AUD 440,000 440,000
02/03/2021 FMR BUY 0.8475 AUD 16,266 16,266
02/04/2021 FMR BUY 0.8493 AUD 125,000 125,000
02/04/2021 FMR BUY 0.8493 AUD 167,400 167,400
02/04/2021 FMR BUY 0.8493 AUD 378,653 378,653
02/05/2021 FMR BUY 0.8485 AUD 135,456 135,456
02/05/2021 FMR BUY 0.8485 AUD 409,200 409,200
02/08/2021 FMR BUY 0.8664 AUD 91,042 91,042
02/08/2021 FMR BUY 0.8664 AUD 274,700 274,700
02/09/2021 FMR BUY 0.8700 AUD 34,300 34,300
02/09/2021 FMR BUY 0.8700 AUD 103,700 103,700
02/09/2021 FMR BUY 0.8700 AUD 371,908 371,908
02/10/2021 FMR BUY 0.8796 AUD 54,800 54,800
02/10/2021 FMR BUY 0.8796 AUD 74,400 74,400
02/10/2021 FMR BUY 0.8796 AUD 165,800 165,800
02/10/2021 FMR BUY 0.8796 AUD 592,461 592,461
02/11/2021 FMR BUY 0.8642 AUD 38,400 38,400
02/11/2021 FMR BUY 0.8642 AUD 52,300 52,300
02/11/2021 FMR BUY 0.8642 AUD 116,100 116,100
02/11/2021 FMR BUY 0.8642 AUD 414,290 414,290
02/12/2021 FMR BUY 0.8671 AUD 7,500 7,500
02/12/2021 FMR BUY 0.8671 AUD 9,300 9,300
02/12/2021 FMR BUY 0.8671 AUD 20,609 20,609
02/12/2021 FMR BUY 0.8671 AUD 73,500 73,500
02/15/2021 FMR BUY 0.8994 AUD 22,100 22,100
02/15/2021 FMR BUY 0.8994 AUD 29,900 29,900
02/15/2021 FMR BUY 0.8994 AUD 66,300 66,300
02/15/2021 FMR BUY 0.8994 AUD 237,124 237,124
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02/16/2021 FMR BUY	0.9134 AUD	339,708	339,708
02/16/2021 FMR BUY	0.9225 AUD	971,009	971,009
	**Total Buys **	12,071,727	12,071,727

4. Present Relevant Interest

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

Refer to Annexure A

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

N/A

6. Addresses

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

Refer to Annexure A

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Sign Here ______

Dated: 18 February 2021 Jen Li

Head of Regulatory Reporting, Asia Pacific Duly authorized under Powers of Attorney by and on behalf of FMR LLC

Annexure A

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Investment Manager Address Custodian Nature of Relevant Interest Sum of Numerator Shares
FIAM LLC 900 Salem Street, BROWN BROTHERS
8,554,320
Smithfield, RI 02917 HARRIMAN AND CO
United States STATE STREET BANK
18,000,000
AND TR CO
Fidelity Management Corporation Trust BROWN BROTHERS Investment Discretion /
30,009,314
& Research Company Center, 1200 Orange HARRIMAN AND CO Voting Power
LLC Street, Wilmington,
New Castle County, STATE STREET BANK
15,325,340
Delaware 19801, AND TR CO
United States
Grand Total 71,888,974
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