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PERSEUS MINING LIMITED Major Shareholding Notification 2012

Jun 5, 2012

46513_rns_2012-06-05_26594e9a-d47b-4efe-829d-5b65154b1b40.pdf

Major Shareholding Notification

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MinterEllison
A W Y E R S

AURORA PLACE, 88 PHILLIP STREET, SYDNEY NSW 2000, DX 117 SYDNEY

To Company announcements office
ASX
Facsimile 1300 135 638
Company Secretary
Perseus Mining Limited
Facsimile +61 8 9240 2406
From Henry Wong
Email: [email protected]
Facsimile
Direct line
Our Ref
$+61299218058$
$+61299218536$
SSE:HLW:20-6818439
Date 6 June 2012 Number of pages (including this one): 7

Subject Notice of change of interests of substantial holder

Please find attached a notice of change of interests of substantial holder in relation to shares in Perseus Mining Limited from Van Eck Associates Corporation.

Regards MINTER ELLISON

If you do not receive all pages please telephone +61 2 9921 8536

ME_98677325_1 (W2003x)

IMPORTANT - The contents of this facsimile may be privileged and confidential. Any unauthorised use of the contents is expressly prohibited. If you have received the document in error, please advise us by telephone (reverse charges) immediately and then shred the document. Thank you.

004 page 2/2 15 July 2001

Form 604
Corporations Act 2001

Section 071B

Notice of change of interests of substantial holder

To Company Name/Scheme Perseus Mining Limited
ACN/ARSN 106 808 988
1. Details of substantial holder (1)
Name
Van Eck Associates Corporation (and its associates referred to in paragraph 6).
ACN/ARSN (If applicable) N/A
There was a change in the interests of the
substantial holder on 01/06/2012
The previous notice was given to the company on 02/02/2011
The previous notice was cated 01/02/2011

2. Provious 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 subatantial holding notice to the company or acheme, are as follows:

Class of securities (4) Previous notice
---
__
---------
Present notice _____
Person's volas Voting power (5) __
Person a votes
Voting power (5)
Cruinary shares
--------
__
33.089.225
THE R. P. LEWIS CO., LANSING, MICH.
which were considered as a commodation of the
7.23%
-----------
-------------
39,275,257
13.36%
. The property of the property of the contract and a contract of the contract of
-----

3. Changes in relevant interests

Perilculars 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 schome are as follows:

Date of
change
Person whose
rolovani interest
changed
Nature of
change (6)
Consideration
given in relation
to change (7)
Class and
number of
securities
affected
Person's votes
affected
Van
Eck
(Corporation (VEAC)
Associates See Annoxure A
------------

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
aecuritics
Person ontitled
to be registered
as holder (6)
Nature of
relovant
interest (6)
Class and
number of
securities
Person's votes
NEAC State Street Bank as
icustodian for Van Eck
Funds - International
(Investors Gold Fund
Ven Eak Funds -
International
Investors Gold Fund
kilo).
MEAC holds he relevant
interest by having the
power to exercise, control
the exercise of, or
influence the exercise of.
kho voting powers or
disposal of the securities
ito which the relevant
inlerest relates in the
ordinary course of
invesiment management
business.
Ordinary shares
7,221,280
1.58%
MEAC Bank of New York
Mellon as custodian
for Market Vectors
Trust - Junior Gold
Miners ETF
Market Vectors Trust (Same as above.
- Junior Gold Minars
IETF (GDXJ)
Ordinary shares
29,447,741
16.43%

ME_98677298_1 (W2003x)

VEAC Northam Trust as
icustodian for
iLockheed Martin
[Corporation Master
Reflrement Trust
lLockheed Martin
Corporation Master
Retrement Trust
(LM)
Sama as above. lOrdinary shares
1270.396
10.00%
VEAC Credit Agricole as
custodien for LODH
Invest - The World
Gold Expertise Fund
LODH Invest - The
World Gold Expertise
Fund (LODH)
Same as above. Ordinary shares
1.335.860
0.20%

5. Changes in esseciation

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 retation to voting interests in (he company or schame are as follows:

Namo end
ACN/ARSN

(If
The Second Contract of Second Contract
-----
-----
-----
,,,,,,,,,,,
monicable)
$1011 - 11$
------- Nature of association
.
,,,,,,,,,,,,

-----------
The contract of the contract of the contract of the contract of
_____
-----
----
----------
__
---- __ ---------- .
-----------------

___
_

6. Addresses

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

Nama Address
NEAC 335 Madison Avenue, New York, NY 10017
Nan Eck Securities Corporation
335 Madison Avenue, New York, NY 10017
Man Eck Absolute Return Advisers, Inc.
-------
1335 Madison Avenue, New York, NY 10017

Signature

print name
Russell Brennan
capacity Assistant VP
--------
----------------
___
40919-01
Λ
sign here
سكام
$\sim$
n an an an an an an an an an an an an an
---
------------


,,,,,,
---
date
__
05/08/2012
-----

DIRECTIONS

  • 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 ann $(1)$ is clearly set out in paragraph 8 of the form.
  • See the datablian 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.
  • $\langle 4 \rangle$ The voting shares of a company constitute one class unless divided into separate classes.
  • $(5)$ The person's votas divided by the total votes in the body corporate or echame multiplied by 100.
  • $(6)$ include details of
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy
    of any document satting out the terms of any relevant agreement, and a statemen $(a)$ $\mathbf{b}$
  • 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

See the definition of "relevant agreement" in section 8 of the Corporations Act 2001.

$\overline{\mathcal{D}}$

Details of the consideration must include any and all benefits, money and other, that any parson from whom a relevant interest was acquired has, or may, or may, or may, or may, or may, or may, or may, or may, or may, or ma $(7)$ concerns strated to receive in remain to that acquisition. Details must be included even in the ochernic continuous on the nepperang of not or a
contingency. Details must be included on any banofit paid on behalf of the su

ME_90677298_1 (W2003x)

  • If the substantial holder te unablo 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 last substantial holding notice. $\left(\Theta\right)$

ME_98677290_1 (W2003x)

$\bar{\rm I}$ $\overline{1}$

$\overline{1}$ Ť

$\overline{\phantom{a}}$

J.

804 GUIDE page 1/1 13 March 2000

GUIDE

This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 604.

Signature This form must be signed by either a director or a secretary of the substantial holder.
Lodging period Νü
Lodging Fee NII
Other forms to be
completed
Νij
Additional Information (B)
If additional space is required to complete a question, the information may be included on a separate piece of
paper annexed to the form.
(b)
This notice must be given to a listed company, or the responsible entity for a listed managed investment scheme,
A copy of this notice must also be given to each relevant securities exchange.
(c).
The person must give a copy of this notice:
O)
within 2 business days after they become aware of the information; or
(li)
by 9.30 am on the next trading day of the relevant securities exchange after they become aware of the
information if:
(A)
a takeover bid is made for voting shares in the company or voting interests in the scheme; and
(B)
the person becomes aware of the Information during the bid period.
Annexures To make any annexure conform to the regulations, you must
1
use A4 size paper of white or light paatel colour with a margin of at least 10mm on all sides
2.
show the corporation name and A.C.N or ARBN
э
number the pages consecutively
۹
print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when photocopied
5
identify the annexure with a mark such as A, B, C, etc.
6
ondorse the ennexure with the words:
This is annoxure (mark) of (number) pages referred to in form (form number and title)
7
sign and date the annexure.
The annexure must be signed by the same person(s) who signed the form.

$\mathbf{m}$ is intended as a guide only. Please consult your eccountant or solicitor for further advice.

ME_98877298_1 (W2003x)

Holder of relevant Date of Consideration Consideration Non-
Interest Acquisition/Disposal B/S Cash cash
GDXJ 2/1/2012 B \$ In-Kind
$\qquad \qquad \blacksquare$
Number of Securities
GDXI 2/2/2012 B 3 In-Kind 169,188
GDXJ 2/3/2012 S \$ In-Kind
٠
42,282
GDXJ 2/6/2012 5 \$ In-Kind 14,094
GDXI 2/7/2012 B \$ In-Kind 56,384
GDXJ 2/10/2012 5 \$ In-Kind 28,190
GDXJ 2/10/2012B Ś 253,538 $\overline{\mathsf{s}}$ 84,576
GDXJ 2/13/2012 5 $\overline{\mathsf{s}}$ In-Kind 90,486
GDXJ 2/14/2012 5 $\overline{\boldsymbol{s}}$ In-Kind 226,384
GDXJ $2/15/2012$ s \$ In-Kind 14,147
GDXJ 2/16/2012 5 \$ In-Kind 99,036
GDXJ 2/17/2012 S Ś In-Kind 99,036
GDXJ 2/23/2012 B \$ In-Kind 42,447
GDXJ 2/29/2012 S \$ In-Kind 113,184
GDXJ $3/1/2012$ 5 \$ In-Kind 155,595
GDXJ $3/2/2012$ 5 \$ In-Kind 113,208
GDXJ 3/5/2012 5 Ş In-Kind 99,043
GDXJ $3/6/2012$ S Ş In-Kind 226,400
GDXJ $3/7/2012$ S \$ In-Kind 155,672
GDXJ $3/13/2012$ [S \$ In-Kind 14,152
14,152
GDXJ 3/14/2012 5 In-Kind 254,700
GDXI 3/16/2012 5 \$ 711,288 \$ 292,916
GDXJ $3/19/2012$ B 5 In-Kind 13,972
GDXI 3/19/2012 5 \$ 280,125 $\overline{\mathsf{s}}$ 117,363
GDXJ 3/21/2012 B 3 In-Kind 41,736
GDXJ $3/23/2012$ B 3 In-Kind 278,220
GDXJ 3/23/2012 B \$ In-Kind 20
GDXJ 3/26/2012B 3 In-Kind 222,592
GDXJ $3/27/2012$ B \$ In-Kind 514,670
GDXJ $3/29/2012$ B \$ in-Kind 83,508
GDXJ 3/30/2012 B 3 In-Kind 292,257
GDXJ $4/2/2012$ B 3 In-Kind 153,076
GDXJ
GDXJ
4/5/2012 S \$ In-Kind 111,312
GDXJ 4/10/2012 S ς In-Kind 41,742
GDXJ $4/11/2012$ B \$ In-Kind 139,150
GDXJ 4/12/2012B \$ $\blacksquare$ In-Kind 250,470
GDXJ 4/13/2012 8 \$ In-Kind 97,405
GDXJ $4/16/2012$ B \$ In-Kind 13,917
GDXJ $4/18/2012$ B \$ ۰ in-Kind 139,150
GDXI 4/23/2012 B
4/24/2012 B
Ξ, ۰ In-Kind 55,656
TODH 4/24/2012 5 \$
ζ
$\overline{\phantom{0}}$ In-Kind 13,913
GDXJ 4/25/2012B ÷, \$, 219M
GDXJ 4/26/2012 8 \$
5
۰ in-Kind 69,570
GDXJ 4/30/2012 B Ŝ $\blacksquare$ In-Kind 459,129
GDXJ $5/1/2012$ B 3 ۰ In-Kind 166,920
GDXJ $5/2/2012$ B 5 a. In-Kind 180,817
GDXJ $5/3/2012$ B 3 ٠
۰
In-Kind
In-Kind
69,560
27,820
Page 1 of 2 $\mathbb{R}$ 8 s/b/12

This is Annexure A of 2 pages referred to in Form 604 -Notice of change of interests of substantial holder

900 866.0M

÷

Ť $\mathbf{I}$

Holder of relevant
interest
Date of
Acquisition/Disposal
B/S Consideration
Cash
Consideration Non-
cash
Number of Securities
GDXJ 5/4/2012 8 \$ In-Kind
GDXJ 5/8/2012 B Ś In-Kind 612,084
GDXJ 5/9/2012 B \$ 125,199
GDXJ 5/10/2012 [B] \$ In-Kind 431,272
GDXJ 5/16/20125 \$ In-Kind 125,226
GDXJ 5/17/2012B In-Kind 41,730
GDXJ \$ In-Kind 528,466
GDXJ $5/18/2012$ B \$ in-Kind 83,442
5/21/20126 Ś in-Kind 97,440
GDXJ 5/22/2012B \$ In-Kind 97,433
GDXJ 5/23/2012B Ś In-Kind 473,076
GDXJ 5/24/2012B \$ In-Kind 153,087
GDXJ 5/25/2012 B Ś In-Kind 487,095
GDXJ $6/1/2012$ B \$ In-Kind 667,968
in-Kind transactions result from GDXJ receiving a basket of securities (including Perseus Mining Ltd) in exchange for

This is Annexure A of 2 pages referred to in Form 604 -Notice of change of interests of substantial holder

$RB 5/6/12$

Page 2 of 2

$\mathbf{j}$