ORION EQUITIES LIMITED — Major Shareholding Notification 2021

Jun 8, 2021

20210608 OEQ and QUE Change of Substantial Shareholder Notice in SRK.docx

Form 604 Corporations Act 671B

Notice of change in interests of substantial holder

To: Company Name/Scheme: STRIKE RESOURCES LIMITED (ASX:SRK)

ABN 94 088 488 724

1. Details of substantial holders[(1)]

Name

ACN / ABN

ORION EQUITIES LIMITED (ASX: OEQ ) ABN 77 000 742 843 QUESTE COMMUNICATIONS LTD (ASX: QUE ) ABN 58 081 688 164

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

4 June 2021[1] 1 December 2020 1 December 2020[2]

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	Previous notice	Present notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Ordinary Shares	62,553,493	25.312%	63,689,857	23.589%
Based on SRK total issued share capital of (shares)	247,134,2683		270,000,0004

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:

Date of change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change(7)	Class and number of securities affected	Person's votes affected
				Ordinary shares
4 June 2021	BEL, OEQ and QUE	Issue of shares to BEL under share placement bySRK1	$250,000.08	1,136,364	1,136,364
4 June 2021	OEQ and QUE	Dilution of OEQ’s voting power in SRK as a consequence of SRK issuing 22,865,732 new fully paid ordinaryshares5	Not applicable	10,000,000	10,000,000
	BEL, OEQ and QUE	Dilution of BEL’s voting power in SRK as a consequence of SRK issuing 22,865,732 new fully paid ordinaryshares5	Not applicable	53,689,857	53,689,857

• 1 Refer also BEL ASX Announcement dated 8 June 2021: Change of Substantial Holder Notice for SRK

• 2 Refer QUE & OEQ ASX Announcement dated 1 December 2020: Change of Substantial Holder Notice for SRK

• 3 Refer SRK ASX Announcement dated 1 December 2020: ASX Appendix 2A – Application for Quotation of 40M Shares

• 4 Refer SRK ASX Announcement dated 4 June 2021 ASX Appendix 2A – Application for Quotation of 22,865,732 Shares

• 5 Refer also SRK ASX Announcements dated 28 May 2021: Completion of $5 Million Capital Raising and 4 June 2021 ASX Appendix 2A – Application for Quotation of 22,865,732 Shares

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20210608 OEQ and QUE Change of Substantial Shareholder Notice in SRK.docx

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	Registered holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest(6)	Class and number of securities	Person's votes	Voting power(5)
				Ordinary shares
OEQ	OEQ	OEQ	OEQ is the legal holder and beneficial owner of shares	10,000,000	10,000,000	3.704%
QUE			QUE is taken under section 608(3)(b) of the Corporations Act to have a relevant interest in securities in which OEQ has a relevant interest by reason of having control of OEQ
BEL	BEL	BEL	BEL is the legal holder and beneficial owner of shares	53,689,857	53,689,857	19.885%
OEQ			OEQ is taken under section 608(3)(a) of the Corporations Act to have a relevant interest in securities in which BEL has a relevant interest by reason of having greater than 20% voting power (ie. shareholding) in BEL
QUE			QUE is taken under section 608(3)(b) of the Corporations Act to have a relevant interest in securities in which OEQ has a relevant interest by reason of having control of OEQ
TOTAL				63,689,857	63,689,857	23.589%

5. Changes in association

The persons who have become associates[(2)] of, ceased to be associates of, or have change the nature of their association[(9)] with, the substantial holder in relation to

voting interests in the company or scheme are as follows:

Name	ACN/ARSN (if applicable)	Nature of association
N/A	N/A	N/A

6. Addresses

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

6. Addresses The addresses of persons named in this form are as follows:
Name	Address
Orion Equities Limited ABN 77 000 742 843 (OEQ)	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005
Queste Communications Ltd ABN 58 081 688 164 (QUE)	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005
Bentley Capital Limited ABN 87 008 108 218 (BEL)	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005

Signature

sign here date 8 June 2021 print name VICTOR HO capacity Director and Company Secretary of OEQ sign here date 8 June 2021 print name VICTOR HO capacity Director and Company Secretary of QUE

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20210608 OEQ and QUE Change of Substantial Shareholder Notice in SRK.docx

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 named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.

• (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.

• (6) Include details of:

• (a) any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms 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

• (b) 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 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.

• (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 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.

• (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) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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