MINREX RESOURCES LIMITED — Major Shareholding Notification 2020

Mar 30, 2020

603 page 1/2 15 July 2001

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

ACN/ARSN (if applicable)

Jamber Investments Pty Ltd

727 137 141

The holder became a substantial holder on

16 03 20/ /

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 votes (5)	Voting power (6)
Ordinary Shares	34,935,564	17.84%	17.84%

3. Details of relevant interests

The nature of the 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 Jamber Investments Pty Ltd Indirect 34,935,564 Ordinary shares

4. Details of present registered holders

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

Holder of relevant Registered holder of Person entitled to be Class and number interest securities registered as holder (8) of securities Jamber Investments Pty Ltd Jamber Investments Pty Ltd Jamber Investments Pty Ltd 34,935,564 Ordinary shares

5. Consideration

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

Holder of relevantinterest	Date of acquisition	Consideration (9)	Consideration (9)	Class and numberof securities	ry
		Cash	Non-cash
Jamber Investments Pty Ltd	16/03/2020	$340,000		34,000,000 Ordinashares