Nova Minerals Ltd — Major Shareholding Notification 2015

Oct 14, 2015

Notice of initial substantial shareholder

Form 603 Corporations Law Section 671B

To: Quantum Resources Limited ACN 006 690 348

Details of substantial shareholder

Mr Avi Kimelman

The holder became a substantial holder on 24 September 2015.

1. 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 had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities	Number of securities	Person’s votes	Voting power
Ordinary Shares	11,108,877	11,108,877	7.71%

2. Details of relevant interests

Holder of relevant interest	Nature of relevant interest	Class and number ofsecurities
	Indirect. Mr Kimelman is practical
	controller of KushkushInvestments
	Pty Ltd <Alexandra Discretionary
Mr Avi Kimelman	A/C>(Kushkush)andAdvent	11,108,877 Ordinary shares
	AdventManagementPtyLtd
	(Advent) (s608(3)(b) Corporations
	Act)

3. Details of present registered holders

The persons registered as holder 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 of
interest	securities	registered as holder	securities
	Kushkush	Kushkush	6,662,723 Ordinaryshares
Mr Avi Kimelman
	Advent	Advent	4,446,154 Ordinaryshares

Notice of initial substantial shareholder

Form 603 Corporations Law Section 671B

4. 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 ofrelevantinterest	Registeredholder ofsecurities
				Class and number ofsecurities
		Date of Acquisition	Consideration
				50,000,000 Ordinaryshares (pre-consolidation); post-consolidation:3,846,154 Ordinaryshares
			$0.001 per share for50,000,000 shares(pre-consolidation)(total consideration:$50,000.00)
		24 September 2015
	Kushkush
Mr AviKimelman
				50,000,000 Ordinaryshares (pre-consolidation); post-consolidation:3,846,154 Ordinaryshares.
			$0.001 per share for50,000,000 shares(pre-consolidation)(total consideration:$50,000.00)
		24 September 2015
	Advent

5. Associates

The reasons 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
Kushkush	Controlled byMr Avi Kimelman
Advent	Controlled byMr Avi Kimelman
Mr Avi Kimelman	Controls Kushkush and Advent

6. Addresses

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

Kushkush Investments Pty Ltd <Alexandra Discretionary A/C> c/- Level 1, 61 Spring Street Melbourne Vic 3000

Advent Management Pty Ltd c/- Level 1, 61 Spring Street Melbourne Vic 3000

Mr Avi Kimelman c/- Level 1, 61 Spring Street Melbourne Vic 3000

Dated 15 October 2015

Authorised for electronic lodgement by Mr Avi Kimelman

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