MINREX RESOURCES LIMITED — Major Shareholding Notification 2020

Apr 29, 2020

Form 603 Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Minrex Resources Limited
ACN/ARSN	151 185 867
1. Details of substantial holder (1)
Name	Adam Blumenthal, Anglo Australasia Holdings Pty Ltd ACN 604 307 646, Anglo Menda Pty Ltd ACN 608 554 052, Australian Share Nominees Pty Ltd ACN 613 669 711, Phillip Street Holdings Pty Ltd ACN 615 424 783, Atlantic Capital Holdings Pty Ltd ACN 630 723 858 (Adam Blumenthal Entities)
ACN/ARSN (if applicable)	As above
The holder became a substantial holder on	16/03/2020

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 (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

_ Class of Securities (4)	Number of securities	Person's vote (5)	--- Voting Power (6)
Fully Paid Ordinary Shares ---------	19,755 141 _________	______ ______ 19,755.141 -------------------------------------- _________	----------- ----------- ______ 10.09% ______ _________

3. Details of relevant interests

The nature of relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	_________ Nature of relevant interest (7)	Class and number of securities
______ ______	_ _________	______ ______ _________
	) ANNEXURE "A" REFER TO

4. Details of present registered holders

The person registered as holders of the securities referred to in paragraph 3 above are as follows:

. Holder of relevant interest . ---------------------------------------	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
	REFER TO ANNEXURE 'A"	_________	____

5. Consideration

The consideration paid for each relevant interest referred to paragraph 3 above, and acquired in the four months prior to the day that the substantial holder
became a substantial holder is as follow:

Holder of relevant interest	Date of acquisition		Consideration (9)	Class and number of securities
		Cash	Non – cash
Atlantic Capital Holdings Pty Ltd < Atlantic Capital A/C> __	16/03/2020	\$150,0000		15,000,000 Fully Paid Ordinary Shares

6. Associates

$\bar{\gamma}$

The reason 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
Anglo Menda Pty Ltd	Associates under section 12(2)(a)(i) and (ii) of the Corporations Act as Anglo Menda
Anglo Australasia Holdings Pty Ltd	Pty Ltd is controlled by Anglo Australasia Holdings Pty Ltd
Australian Share Nominees Pty Ltd	Associates under section $12(2)(a)(i)$ , (ii) and (iii) of the Corporations Act as Australian
Phillip Street Holdings Pty Ltd	Share Nominees Pty Ltd, is controlled by Phillip Street Holdings Pty Ltd.
Australian Share Nominees Pty Ltd Anglo Australasia Holdings Pty Ltd Anglo Menda Pty Ltd Atlantic Capital Holdings Pty Ltd Phillip Street Holdings Pty Ltd	Associates under section $12(2)(a)(iii)$ of the Corporations Act as body corporates that are controlled by Adam Blumenthal

7. Addresses

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

Name	Address
lAdam Blumenthal Anglo Australasia Holdings Pty Ltd Anglo Menda Pty Ltd Australian Share Nominees Pty Ltd Phillip Street Holdings Pty Ltd A flantic Capital Holdings Pty Ltd	C/- Ageis Accounting & Tax Pty Ltd, Level 12,167 Macquarie Street, Sydney NSW 2000

Signature

print name	Adam Blumenthal (personally and for and on behalf of the Adam Blumenthal Entities in their own right and as trustees for their respective trusts capacity as detailed abovel
sign here		date	29/04/2020

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 that is a contributed in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to that is experienced in an annexure to the form. If the relevant interests o
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(z)$
• $(3)$ 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms $(a)$ 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
• 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 $(b)$ 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.

• $(8)$ 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".
• $(9)$ 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 inrelation to that acquisition. Details must be induded even if the benefit is conditiona on the happening or not of a cortingency. 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.

ANNEXURE A

Minrex Resources Ltd (ACN 151 185 867)

This is Annexure A of two (2) pages referred to in Form 603 (Notice of initial Substantial Holder)

3. Details of relevant interests

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Anglo Menda Pty Ltd Anglo Australasia Holdings Pty Ltd Australian Share Nominees Pty Ltd Atlantic Capital Holdings Pty Ltd Phillip Street Holdings Pty Ltd Adam Blumenthal	1. Relevant interest held by Anglo Menda Pty Ltd under section 608(1)(a) of the Corporations Act as the holder of the shares. 2. Relevant interest held by Anglo Australasia Holdings Pty Ltd under section 608(3)(a) and (b) of the Corporations Act as the holder of 100% of the shares on issue in Anglo Menda Pty Ltd. 3. Relevant inferest held by Adam Blumenthal under section 608(3)(a) and (b) of the Corporations Act as the holder of 100% of the shares on issue in Anglo Australasia Holdings Pty Ltd and under sections 608(1)(b) and (c) of the Corporations Act, having the power to control voting or disposal of the shares held by Anglo Menda Pty Ltd. 4. Relevant interests held by Australian Share Nominees Pty Ltd, Anglo Australasia Holdings Pty Ltd, Atlantic Capital Holdings Pty Ltd and Phillip Street Holdings Pty Ltd, under section 608(3)(a) of the Corporations Act by having voting power of above 20% in Anglo Menda Pty Lid.	4,255,141 Fully Paid Ordinary Shares
Australian Share Nominees Pty Ltd Phillip Street Holdings Pty Ltd Anglo Menda Pty Ltd Anglo Australasia Holdings Pty Ltd Atlantic Capital Holdings Pty Ltd Adam Blumenthal	1. Relevant interest held by Australian Share Nominees Pty Ltd under section 608(1)(a) of the Corporations Act as the holder of the shares in its capacity as trustee of the Australasian Holdings Unit Trust. 2. Relevant inferest held by Phillip Street Holdings Pty Ltd under section 608(3)(b) of the Corporations Act having control by holding more than 50% of the shares on issue in Australian Share Nominees Pty Ltd. 3. Relevant interest held by Adam Blumenthal under section 608(3)(b) of the Corporations Act as the holder of 100% of the shares on issue in Phillip Street Holdings Pty Ltd and under sections 608(1)(b) and (c) of the Corporations Act, having the power to control voting or disposal of the shares held by Australian Share Nominees Pty Ltd . 4. Relevant interests held by Anglo Menda Pty Ltd, Anglo Australasia Holdings Pty Ltd, Atlantic Capital Holdings Pty Ltd, Phillip Street Holdings Pty Ltd and Adam Blumenthal under section 608(3)(a) of the Corporations Act by having voting power of above 20% in Australian Share Nominees Pty Ltd.	500,000 Fully Paid Ordinary shares
Atlantic Capital Holdings Pty Ltd Anglo Menda Pty Ltd Australian Share Nominees Pty Ltd Anglo Australasia Holdings Pty Ltd Phillip Street Holdings Pty Ltd Adam Blumenthal	1. Relevant interest held by Atlantic Capital Holdings Pty Ltd under section 608(1)(a) of the Corporations Act as the holder of the shares in its capacity as trustee of the Atlantic Capital Trust. 2. Relevant interest held by Adam Blumenthal under section 608(3)(a) and (b) of the Corporations Act as the holder of 100% of the shares on issue in Atlantic Capital Holdings Pty Ltd and under sections 608(1)(b) and (c) of the Corporations Act, having the power to control voting or disposal of the shares held by Atlantic Capital Holdings Pty Ltd . 3. Relevant interests held by Anglo Menda Pty Ltd. Australian Share Nominees Pty Ltd, Anglo Australasia Holdings Pty Ltd and Phillip Street Holdings Pty Ltd under section 608(3)(a) of the Corporations Act by having voting power of above 20% in Atlantic Capital Holdings Pty Ltd.	15,000,000 Fully Paid Ordinary Shares

4. Details of present registered holders

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Anglo Menda Pty Ltd Australian Share Nominees Pty Ltd Anglo Australasia Holdings Pty Ltd Atlantic Capital Holdings Pty Ltd Phillip Street Holdings Pty Ltd Adam Blumenthal	Anglo Menda Pty Ltd	Anglo Menda Pty Ltd	4,255,141 Fully Paid Ordinary Shares
Anglo Menda Pfy Ltd Australian Share Nominees Pty Ltd Anglo Australasia Holdings Pty Ltd Atlantic Capital Holdings Pty Ltd Phillip Street Holdings Pty Ltd Adam Blumenthal	Australian Share Nominees Pty Ltd	Australian Share Nominees Pty Ltd	500,000 Fully Paid Ordinary Shares
Anglo Menda Pty Ltd Australian Share Nominees Pty Ltd Anglo Australasia Holdings Pty Ltd Atlantic Capital Holdings Pty Ltd Phillip Street Holdings Pty Ltd Adam Blumenthal	Atlantic Capital Holdings Pty Ltd	Atlantic Capital Holdings Pty Ltd	15,000,000 Fully Paid Ordinary Shares

SIGNATURE

Adam Blumenthal

Print name

Sign here

29 April 2020
Date