ORA BANDA MINING LTD — Major Shareholding Notification 2018

Apr 16, 2018

1. Apr. 2018 11:54

Form 604 Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Eastern Goldfields Limited
ACN/ARSN	100 036 266
Details of substantial holder (1) 1.
Name	Mr Michael George Fotios on behalf of himself and his controlled entities Michael Fotios ATF Fotios Family Trust ("MFFT"), Invastmet Limited (ACN 125 585 935) ("Investmet"), Della Resource Management Pty Ltd (ACN 118 613 175) ("Delta"), Whitestone Mining Services Pty Ltd (ACN 136 461 677) ("Whitestone"), Crixus Pty Ltd (ACN 603 398 901) as trustee for the Crixus Superannuation Fund ("Crixus") and Apollo Corporation (WA) Pty Ltd (ACN 608 186 072) as trustee for the Apollo Investment Trust ("Apollo")
ACN/ARSN (if applicable)	See above
There was a change in the interests of the subslantial holder on		Various dates set out below
The previous notice was given to the company on		09/06/2016
The previous notice was dated		09/00/2016

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 securities (4)	[Previous notice]		Present notice
	lPerson's votes	Volling power (5)	lPerson's voles	Vollag power (5)
Fully Paid Ordinary Shares	191,546,719	139.77%	229.716,384	$130.26\%$

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

Date of change	Person whose relevant Interest changed	Nature of change (6)		Class and number of securities affected	Person's votes affected
30 June 2017	lMr Michael Fotios Whitestone.	Shares issued on iconversions of debtsi George owed by the Company as approved by Shareholders on 30 May 2017	133.500.000	10,000,000 fully paid 10,000,000 ordinary shares
31 January 2018	lMr Michael lFotlos lWhitestone	lSharea isauad in Tranche 2 of the $\text{George} \begin{vmatrix} \text{num} \ \text{Company} \end{vmatrix}$ blacement as epproved by lShareholders on 4 January 2018	13750.000	3,750,000 fully paid ordinary shares	3.750.000
30 June 2017	Michael George IМг lFotlos linvesimet	lShares issued on: lconversions of debts! owed by the Company as lapproved by lShareholders on 30. (May 2017	1\$350,000	1,000,000 fully paid ordinary shares	1,000,000

31 January 2018	Mr Michael George lFotios linvesimet	Shares Issues In Tranche 2 of the Company's placement as approved by Shareholders on 4 January 2018	\$1,750,000	8,750,000 fully paid ordinary shares	8,750,000
30 June 2017	Mr Michael George Fatios Dalta	Sharas issued on conversions of debts owed by the Company as approved by Shareholders on 30 May 2017	\$210,000	600,000 fully paid ordinary shares	600.000
14 March 2018	Michael Mг Fotlos linvesimet	Fully Paid Ordinary Shares Issued Gaorge pursuant to Agreement entered in relation to the Company's non- renounceable rights issue i	\$2,200,000	11.000.000 Fully Paid Ordinary Shares	,11,000,000
6 April 2018	Mr Michael Fotios Crixus Pty Ltd	Pully Pald Ordinary Shares issued upon George conversion of 5,000,000 Unlisted Options exercisable at \$0,166 each expiring 8 March 2018.	\$840,000	5,000,000 Fully Paid 5,000,000 Ordinary Shares
6 April 2018	lMr Michael Fotios Apollo Corporation (WA) Pty Ltd	Fully Paid Ordinary George Shares Issued upon conversion of 2,500,000 Unlisted Options exercisable at \$0.168 each expiring 8 March 2018.	\$420.000	$\left {2,500,000}$ Fully Paid $\right {2,500,000}$ Ordinary Shares

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	Realstared lhoider of lsecurities.	Person entitled to be registered las holder (8).	Nature of relevant Interest (6)	Class and number of securities	Person's votes
	IMFFT	IMFFT	Relevant interest under Section 608(2)(b) and (c) as Mr Fotios has the power to control those lshares as trustee of a trust.	16,986,484 fully paid ordinary shares	16,986,487
	linvestmet	Investmet	Relevant interest under Section 608(3) as Mr. lFotioa controls this entity	127,868,370 fully paid ordinary shares	127,188,370
	Delta	Delta	Relevant interest under Section 608(3) as Mr Folios controls this entity	56,291,527 fully paid ordinary shares	58,291,527
	lWhitestone	Whitestone	Relevant interest under Section 608(3) as Mr lFotlos controls this entity.	19,750,000 fully paid ordinary shares	19,750,000
lMr Michael George Fotios	lCrixus	lCrixus.	Relevant Interest under Section 608(3) as Mr Fotios controls this entity	5,000,000 fully paid ordinary shares	15,000,000
	Apollo	Apollo	Relevant Interest under Section 608(3) as Mr. Fotios controls this entity	2,500,000 fully paid ordinary shares	2,500,000

i,

IMFFT	IMFFT	IMFFT	Relevant Interest under section 608(1)(a) as the [16,986,484 fully paid. holder of the securities	lordinary shares	16.986.484
	Ilnvestmet	linvesimet	Relevant interest under section 608(1)(a) as the [127,868,370 - fully paid. holder of the securities.	lordinary shares	127,868,370
ilnvestmet	MGMC Fly Ltd	linvestmet	Section 608(1)(c) as investmet has a call option i lover these shares, and accordingly has the power to dispose of, or control the exercise of a power to dispose of these shares.	14,372,338 fully paid ordinary shares	4,372,338
Delle	Delta	lDelta	Relevant interest under section 608(1)(a) as the [56,291,527 fully patd. holder of the securities.	ordinary shares	57.691.527
Whitestone	Whitestone	i Whiteatone	Relevant interest under section 608(1)(a) as the [19,750,000 fully paid holder of the securities	ordinary shares	19.750.000
Crixus	!Crbws	lCrixus	Relevant interest under section 608(1)(a) as the [5,000,000 fully paid holder of the aecurities	ordinary shares	5,000,000
cilogal	Apollo:	Apollo	Relevant interest under section 608(1)(a) as the [2,500,000 fully paid. holder of the securities	lordinary shares	12,500,000

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 voling interests in the company or scheme are as follows:

Name and applicable)	ACN/ARSN	-af	Nature of association
IMFFT. Investmet, Delta, Whitestone, Crixus and Apollo			MFFT, Investmet, Delta, Whitestone, Crixus and Apollo are associated under section [12(2)(a)(III) of the Corporations Act 2001 (Cth) by reason of all being entities controlled by Me Michael George Fotlos, MFFT, Investmet, Delta, Whitestone, Crixus and Apollo each have voling power in the Company of 30.95% by reason of being associates,

6. Addresses

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

Address
12 Kathleen Street Trigg, WA 6029.
Level 1, 24 Mumford Place, Balcatta WA 6021
Level 1, 24 Mumford Place, Balcalia WA 6021
Level 1, 24 Mumford Place, Balcatta WA 6021
Level 1, 24 Mumford Place, Balcatta WA 6021
IC/- Pitcher Partners, PO Box 7191, Cloisters Square WA 6850
Level 1, 24 Mumford Place, Balcatta WA 6021
Level 1, 24 Mumford Place, Balcatta WA 6021

Signature

print name	MICHAEL GEORGE FOTIOS	capacity	SUBSTANTIAL HOLDER
sign here		date	17/04/2018

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 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 na Is clearly set out in paragraph 6 of the form.

• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ 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.
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ of any document setting out the terms of any relevant agreement, and a statement by the parson 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 $(b)$ and the state of 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.
• 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". $(8)$
• Give details, if appropriate, of the present association and any change in that association since the laat substantial holding notice. $(9)$