PREDICTIVE DISCOVERY LIMITED — Major Shareholding Notification 2018

Sep 9, 2018

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Vashboton ieiro^{. I} Washington, DC

" Associated Firm
"" In cooperation with
Trench, Ross/a Watenphe
Advogados

10 September 2018

ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Sir / Madam

Predictive Discovery Limited (ASX:PDI) Notice of Change of Interests of Substantial Holder

We act for Sprott Inc. and its related entities (including Exploration Capital Partners 2005 Limited Partnership).

We attach a Form 604 (Notice of Change of Interests of Substantial Holder) on behalf of our client.

Yours faithfully

John Mollard

/Partner +61 7 3069 6206 John, Mollard@bakermckenzie.com

Encl

Cc:

Mr Paul Roberts Managing Director, Predictive Discovery Limited By facsimile: +61 8 9481 0411

Baker & McKenzle ABN 32 266 778 912

Level 8 175 Eagle Street Brisbane QLD 4000 Australia

GPO Box 617 Brisbane QLD 4001 Australia

Tel: +61 7 3069 6200 Fax: +61.7.3069.6201 www.bakermokenzie.com

Our ref: 92289132-000001

By facsimile 1300 135 638

Form 604

Corporations Act 2001

Section 6718

Notice of change of Interests of aubstantial holder

To: Company Name/Scheme	Predictive Discovery Limited (the "Company")
ACN/ARSN	127 171 877
1. Detalle of substantial holder (1)
Name	Sprott Inc. (and its entitles listed in Annexure 1)
ACN (if applicable)
There was a change in the interests of the substantial holder on :	21/11/2017
The previous notice was given to the company on	15/12/2016
The previous notice was dated	15/12/2016

$\overline{\mathbf{2}}$ Previous and present voting power

The total number of votes stituched 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 leat required, and when now scheme, are as follows:

_________ Class of Securities (4)	Previous notice			Present notice
	Person's votes	Voting power (5)	Person's votes Phone Control 1974 (Phone Charles Control Control Charles Communication Constitution of the community of the communi	. . Voting power (6)
Ordinary Shares	84.000.000	5.15%	28 838.096	12.13% and the contract of the company of the property of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contrac

$\overline{\mathbf{3}}$ . Changes in relevant Interests

Perticulars of each change in, or change in the nature of, a relevant interest or the substantial holder or an associate in voting securities of the
company or scheme, since the substantial holder was last required to give follows:

Date of change	Person whose relevant interest changed	Nature of change {6}	Consideration given in relation to change (7)	Class and number of securitios affected	Person's votes affected
April 18, 2017	Exploration Capital 2005 Limitad Partnership	10 1 share consolidation	3 ail	(75,600,000)	(75.600.000)
Navember 21. -2017	Exploration Capital Partners 2005 Limited Partnership	Renounceable rights issue to shareholders as disclosed by the Company on November 27, 2017.	\$850,000	20,238,098	20 238 096

$\Delta$ Present relevant interests

Particulars of each relevant interest of the substantial holder in voting aecurities after the change are as follows:

Holder of relevant Interest	Registered holder of securities State Contracts	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Sprott Inc. (and its antities listed in Annexure 1)	Exploration Capital Partners 2005 Limited Partnership	Exploration Capital Partners 2005 Limited Partnership	Ordinary fully paid shares	28,638,096 (Oddinary fully paid)	$\begin{array}{cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc$ The company's company's support 28,638,090

$\tilde{\mathbf{s}}_i$ 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 substantiat holder in relation to voting interests in the company or scheme are as follows!

. Name and ACN (if applicable)			Nature of association
	Exploration Capital Partners Limited Partnership		2005	Relevant interest under section 608(1)(b) of the Corporations Act having power to exercise a right to yote on the securities

$\bar{\mathbf{g}}$ Addresses

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

Sprott Inc. (and its entities listed in Royal Bank Plaza, South Tower, 200 Bay Street, Suite 2600, Toronto, Ontario M5J 2J1, Canada

Signature

print name Thomas sign here

capacity Authorized Signatory date 06 / 09 / 2018

Directions

-1.	If there are a number of substantial shareholders 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 8 of the form.
-2.	See the definition of "associate" in section 9 of the Corporations Act 2001.
з.	See the definition of "relevant interest" in sections 508 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.
-6.	Include details of:

• any relevant agreement or other circumstances by which the change in relevant interest occurred. If subsection $\mathbf{a}$ erry relevant agreement of other directives by the term are triange in relevant increase occurred, in souscendi
  671B(4) applies, a copy of any document setting out the lefths of any relevant agreement, and a statement by t 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
• $(b)$ 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 saction 9 of the Corporations Act 2001,

Address

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relavant interest $7.$ 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 be substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whorn the relevent interest was acquired. 6.
• 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

Annekura 1 combing of one (1) pages and is ferred to in Form 604 signed by me and dated September 6, 2018.

À '[busi Thomas W. Ulrich
Authorized Signatory Đý.

Annexure 1

Details of Sprott Inc. and its related bodies corporate

Name	Address of Registered Office	Postal Address
Sprott Inc.	200 Bay Street, Royal Bank Flaza, South Tower, Suite 2600, Toronto, I Ontario, M5J 2J1	200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, Ontario, M6J 2J 1
Exploration Capital Partners 2005 LP	1910 Palomar Point Way, Suite 200, Carlsbad, California 92008	1910 Palomar Point Way, Suite 200. Carlsbad, California 92008
Exploration Capital Partners 2008 LP	1910 Palomar Point Way, Suite 200, Carisbad, California 92008	1910 Palomar Point Way, Suite 200 Carisbad, California 92008
Exploration Capital Partners 2009 LP	1910 Palomar Point Way, Suile 200. Carlsbad, California 92008	1910 Palomar Point Way, Suite 200 Carlsbad, California 92008
Exploration Capital Partners 2012 LP	1910 Palomar Point Way, Suite 200, Carlebad, California 92008	1910 Palomar Point Way, Suite 200. Carlsbad, California 92008
Exploration Capital Partners 2014 LP	1910 Palomar Point Way, Suite 200, Carlsbad, California 92008	1910 Pelomar Point Way, Suite $\overline{200}$ . Carlsbad, California 92008
Natural Resource Income Investing LP	1910 Palomar Point Way, Suite 200, Carisbad, California 92008	1910 Palomar Point Way 200 Sulte Carlsbad, California 92008
Resource Capital Investment Corp.	1910 Psiomar Point Way, Suite 200, Carlsbad, California 92008	1910 Palomar Point Way $200^{-1}$ Sulte Carlsbad, California 92008
Resource Income Partners LP	1910 Palomar Point Way, Suite 200, Carlsbad, California 92008	1910 Palomer Point Way, Suite - 200. Carlsbad, California 92008
Sprott Asset Management LP	Royal Bank Plaza, South Tower 200 Bay Street Suite 2000 Toronto, Ontario M5J 2J1	Royal Bank Plaza. South Tower 200 Bay Suite Street 2600 Toronto, Onlario M5J 2J1
Sprott Asset Management USA Inc.	1910 Palomar Point Way, Suite 200, Carlsbad, California 92006	1910 Palomar Point Way, Suite $\overline{200}$ Carlsbad, California 92008
Sprott GenPar Ltd.	Royal Bank Plaza, South. Tower 200 Bay Street, Sulte 2600 Toronto, Ontario M5J 2J1	Rayal Bank South Plaza. Tawer 200 Bay Street. Suite 2800 Toronto, Ontario M5J 2J1
Sprott Global Resource Investments Ltd.	1910 Palomar Point Way, Suite 200, Carlsbad, California 92008	1910 Palomar Point Way, Suite 700 Carlsbad, California 92008
Sprott Private Resource Lending (M), LP	2711 Centerville Road, Suite 400, 2711 Wilmington, Delaware 19808	Centerville Road. Suite 400. Wilmington, Detaware 19808
Sprott Private Resource Lending (C-Co-Invest), LP.	Bank Plaza, South Royal Tower i 200 Bay Straet. Suita 2000 Toronto, Ontario M5J 2J1	Royal Bank Plaza. South Towar 200 Bay Street Suite 2600 Toronto, Ontario M63 2J1
Sprott Private Resource Lending (M-Co-Invest),	Tawer Royal Bank Plaza, South 200 Bay Street, Sulte 2600 Toronto, Ontario M5J 2J1	Royal Bank Plaza, South Tower 200 Bay Street. Suite 2600 Toronio. Ontario M5J 2J1
Sprott Private Weekh LP	200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, Ontarto, M5J 2J1	200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, Ontario, M5J 2.11
Sprott Resource Lending Corp,	2711 Centerville Road, Suite 400, Wilmington, Delaware 19808	2711 Centerville Road Sulte 400. Wilmington, Delaware 19808
Sprott Rights & PIPEs Opportunity (LP	1910 Palomar Point Way, Suite 200, Carlsbad, California 92008	1910 Palomar Point Way, Suite 200. Carlsbad, California 92008
Sprott Rights & PIPEs Opportunity VII LP	1910 Palomar Point Way, Suite 200, Carlsbad, California 92008	1910 Palomar Point Way Suite 200. Carlsbad, California 92008
Sprott U.S. Holdings Inc.	1910 Palomar Point Way, Suite 200, Cansbad, California 92008	1910 Palomer Point Way Suite 200. Carisbad. Csilfornia 92008