PRODIGY GOLD NL — Major Shareholding Notification 2005

Jul 24, 2005

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

	Tantalum Australia NL
To Company Name/Scheme
ACN/ARSN	009 127 020
1. Details of substantial holder (1) Name	Michael George Fotios
ACN / ARSN (if applicable)
The holder hecame a cubetantial holder on.	7.2005 18. 17

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	votes $(5)$ Personsi	(6) Votina power
Ordinary Shares	20.940.178	20,940,178	5.16%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant inferest	Nature of relevant interest (7)	Class and number of securities
Austminex NL	Indirect Shareholding	2.918.333
MG Fotios	Direct Shareholding	16.221.888
G&B Explorations Ptv Ltd	Indirect Shareholding	85,000
MG Fotios & Associates Pty Ltd	Indirect Shareholding	1,714,957

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be registered	Class and number of
interest	securities	as holder (8)	securities
Austminex NL	Austminex NL	Austminex NL	2.918.333
MG Fotios	MG Fotios	MG Fotios	16,221,888
G&B Explorations Ptv	G&B Explorations Ptv Ltd	G&B Explorations Pty Ltd	85.000
Ltd
MG Fotios &	MG Fotios & Associates	MG Fotios & Associates Pty Ltd	1,714,957
Associates Ptv Ltd	Ptv Ltd

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
Austminex NL	18/7/2005	5.875		391,666 Fully paid shares
MG Fotios	18/7/2005	130.984		8.732.295 Fully paid shares

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Austminex NL	Director and shareholder
G&B Explorations Ptv Ltd	Director and shareholder
MG Fotios & Associates Pty Ltd	Director and shareholder

7. Addresses

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

Name	Address
Austminex NL	12 Kathleen Street Trigg WA 6029
MG Fotios	12 Kathleen Street Trigg WA 6029
G&B Explorations Pty Ltd	PO Box 610 Nedlands WA 6009
MG Fotios & Associates Pty Ltd	12 Kathleen Street Trigg WA 6029

Signature

print name	Michael George Fotlos	Substantial Shareholder Capacity: Director
sign here
		date 25/7/2005

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eq. a corporation and its related corporations, or the ${1}$ 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 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations A. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an $(5)$ associate has a relevant interest in.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• Include details of: $(7)$
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any $(a)$ document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract. scheme or arrangement, must accompany this form, 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 voting powers or disposal of $(b)$ 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.

• If the substantial holder is unable to determine the identity of the person (eq. If the relevant interest arises because of an option) write "unknown". $(8)$
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, $(9)$ 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.