PREDICTIVE DISCOVERY LIMITED — Major Shareholding Notification 2020

Apr 21, 2020

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Predictive Discovery Limited

ACN/ARSN 127 171 877

1. Details of substantial holder (1)

Name Cremoren Capital Limited as the RE for Lowell Resources Fund

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on

substantial holder on 14 / 04 / 20 The previous notice was given to the company on 05 / 06 / 19 The previous notice was dated 15 / 05 / 19

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:

he total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or n associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the ompany or scheme, are as follows:	he total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or n associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the ompany or scheme, are as follows:	he total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or n associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the ompany or scheme, are as follows:	he total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or n associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the ompany or scheme, are as follows:	he total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or n associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the ompany or scheme, are as follows:
Class of securities (4) Previous notice Present notice
Voting power(5) Voting power(5)
ORD 21,462,161 7.272% 36,462,161 5.953%

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	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	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	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	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	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
23 / 10 /19 Cremorne Capital Limited as the RE for Lowell Resources Fund purchase of shares $25,000 Ord shares 2,500,000
02 / 12 /19 Cremorne Capital Limited as the RE for Lowell Resources Fund purchase of shares $25,000 Ord shares 2,500,000
14 / 04 / 20	Cremorne Capital Limited as the RE for Lowell Resources Fund	purchase of shares	$50,000	Ord shares	10,000,000

604 Page 2 of 3 15 July 2001

4. Present relevant interests

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

==> picture [482 x 153] intentionally omitted <==

----- Start of picture text -----

Holder of Registered holder Person entitled to be Nature of relevant Class and number Person's votes
relevant of securities registered as holder interest (6) of securities
interest (8)
Cremorne
Cremorne
Capital
Capital Cremorne
Limited
Limited as Capital
as the RE
the RE for Limited as the Ord shares 36,462,161 36,462,161
for
Lowell RE for Lowell
Lowell
Resources Resources Fund
Resources
Fund
Fund
----- End of picture text -----

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 follows:

Name and ACN/ARSN (if applicable) Nature of association

6. Addresses

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

he addresses of persons named in this form are as follows:	he addresses of persons named in this form are as follows:
Name Address
Cremorne Capital Limited as the RE for Lowell Resources Fund 8 Chapel Street, Cremorne VIC 3121

Signature

print name sign here	Julie Edwards capacity Company Secretary
	date 20/04/20

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 2001.

• (3) See the definition of "relevant interest" in sections 608 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:

• (a) any relevant agreement or other circumstances 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

604 Page 3 of 3 15 July 2001

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 2001.

• (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.