PEEL MINING LIMITED — Major Shareholding Notification 2022

Mar 22, 2022

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	PEEL MINING LIMITED
ACN/ARSN	119 343 734
1. Details of substantial holder(1)
Name	PERTH CAPITAL PTY LTD and associates
ACN/ARSN (if applicable)	009 454 639
There was a change in the interests of thesubstantial holder on	21 March 2022
The previous notice was given to the company onThe previous notice was dated	3 March 20223 March 2022

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
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares	101.448.594	19.41%	102,914,260	18.15%

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 ofchange	Person whose relevantinterest changed	Nature of change (6)	Consideration given inrelation to change (7)(cents per share)	Class and number ofsecurities affected	Person'svotesaffected
		Dilution due to issue of
21 Mrc 2022	All holders	shares by company		Ordinary Shares	$(1.52%)$
				400.000
21-22 Mrc 2022	Wythenshawe Pty Ltd	Acquisition on market	20.68 cents/share	Ordinary Shares	0.07%
22 Mrc 2022	Perth Capital Pty Ltd	Acquisition on market	20.56 cents/share	100.000Ordinary Shares	0.02%
				180,000
23 Mrc 2022	Wythenshawe Pty Ltd	Acquisition on market	22.13 cents/share	Ordinary Shares	0.03%
23 Mrc 2022	Perth Capital Pty Ltd	Acquisition on market	22.09 cents/share	785.666Ordinary Shares	0.14%
					$(1.26%)$

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 ofsecurities	Person entitled to beregistered as holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person'svotes
				61.839.551
Perth Capital Pty Ltd	Perth Capital Pty Ltd	Perth Capital Pty Ltd	Shareholding	Ordinary shares	10.91%
Glyde Street Nominees Pty	Glyde Street Nominees Pty	Glyde Street Nominees Pty		15.055.556
Ltd	Ltd	Ltd	Shareholding	Ordinary shares	2.65%
				11.078.750
Wythenshawe Pty Ltd	Wythenshawe Pty Ltd	Wythenshawe Pty Ltd	Shareholding	Ordinary shares	1.96%
				10.800.000
Hampton Hill Mining NL	Hampton Hill Mining NL	Hampton Hill Mining NL	Shareholding	Ordinary shares	1.90%
				4.140.403
	Warramboo Holdings Pty Ltd Warramboo Holdings Pty Ltd Warramboo Holdings Pty Ltd Shareholding			Ordinary shares	0.73%

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 voting interests in the company or scheme are as fo

Name and ACN/ARSNable' opplies	Nature of association
Not applicable

6. Addresses

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

Name	Address
Perth Capital Pty Ltd	IP O Box 689, West Perth, WA 6872
Glyde Street Nominees Pty Ltd	IP O Box 689, West Perth, WA 6872
Mythenshawe Pty Ltd	IP O Box 689, West Perth, WA 6872
Hampton Hill Mining NL	P O Box 689, West Perth, WA 6872
Warramboo Holdings Pty Ltd	IP O Box 689, West Perth, WA 6872

Signature

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P Ruttledge

Company Secretary,Perth Capital Pty Ltd

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25/3/22