PACIFIC RESOURCES LIMITED — Major Shareholding Notification 2016

Aug 21, 2016

Form 605 Corporations Act 2001Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Coalbank Limited
ACN/ARSN	075 877 075
1. Details of substantial holder (1)
NameACN/ARSN (if applicable)	Gregory Alexander John Baynton
The holder ceased to be asubstantial holder onThe previous notice was given to the company onThe previous notice was dated	17/08/201603/09/201403/09/2014

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 ofchange	Personwhoserelevantinterest	Nature ofchange $(4)$	Considerationgiven in relationto change $(5)$	Class $(6)$ andnumber ofsecuritiesaffected	Person's votesaffected
See Annexure A

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not applicable

4. Addresses

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

Name	Address
Allegro Capital Nominees Pty Ltd ACN 079 844 107	33 Lynell Street, Hamilton, QLD, 4007
Orbit Capital Pty Ltd ACN 092 586 831	33 Lynell Street, Hamilton, QLD, 4007
Gregory Alexander John Baynton	33 Lynell Street, Hamilton, QLD, 4007

Signature

1000	print name Gregory Baynton	capacity	Director
sign here		date	2,/08/2016

Annexure A

This is Annexure "A" of 2 pages referred to in the Form 605 'Notice of ceasing to be a substantial holder' to CoalbankLimited ACN 075 877 075 (Company).

3. Changes in relevant interests

Date ofchange	Personwhoserelevantinterestchanged	Nature of change	Considerationgiven inrelation tochange	Class andnumber ofsecuritiesaffected	Person'svotesaffected
2 March2016	Allegro CapitalNominees PtyLtd ACN 079844 107(Allegro)	Reduction in voting powerfollowing disposal of shareson the market	$8,620.23	4,310,114ordinaryshares	4,310,114
18 March16	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$4,877.49	2,438,743ordinaryshares	2,438,743
4 April2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$3,134.248	1,567,124ordinaryshares	1,567,124
28 April2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$2.00	1,000ordinaryshares	1,000
17 May2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$1.74	872ordinaryshares	872
8 June2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$1,364.29	682,147ordinaryshares	682,147
26 July2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$1,382.78	691,392ordinaryshares	691,392
27 July2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$4000	2,000,000ordinaryshares	2,000,000
16 August2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$24,617.22	12,308,608ordinaryshares	12,308,608
16 August2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$10,000	5,000,000ordinaryshares	5,000,000
17 August2016	Allegro	Reduction in voting powerfollowing disposal of shareson the market	$142,998.64	71,499,321ordinaryshares	71,499,321
17 August2016	Orbit CapitalPty Ltd ACN	Reduction in voting powerfollowing disposal of shares	$1,131.16	565,578ordinary	565,578