PROSPECT RESOURCES LIMITED — Major Shareholding Notification 2021

Jul 22, 2021

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Prospect Resources Ltd
ACN/ARSN	124 354 329
1. Details of substantial holder (1)
Name	Elliot Holdings Pty Ltd ; HD & DM Warner ; Anglo Pacific Ventures Pty Ltd & Hugh Warner
ACN/ARSN (if applicable)	N/A
The holder ceased to be a substantial holder on	22/07/21
The previous notice was given to the company on	12/02/21

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting
securities of the company or scheme, since the substantial holder was last required scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
1/4/21	Elliot Holdings Pty Ltd	Disposal	19 c	Ord (250,000)	9,645,834
74121	Elliot Holdings Pty Ltd	Disposal	20c	Ord (600,000)	9,045,834
22/7/21	Elliot Holdings Pty Ltd	Dilution due to placement on 22/7/21	N/A	Ord 9.045.834	9.045.834
9/4/21	HD & DM Warner	Disposal	20c	Ord (500,000)	7,979,168
22/7/21	HD & DM Warner	Dilution due to placement on 22/7/21	N/A	Ord 7.979.168	7.979.168
22/7/21	Anglo Pacific Ventures	Dilution due to placement on 22/7/21	N/A	Ord 208,334	208,334
		Dilution due to placement on 22/7/21	N/A	Ord 375,000	375.000

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
N/A	N/A

4. Addresses

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

Name	Address
Elliot Holdings Pty Ltd	6/245 Churchill Avenue, Subiaco WA 6008
HD & DM Warner < CBM Superfund>	PO Box 7486, Cloisters Square WA 6850

Signature

print name	Dianne Warner Hugh Warner	capacity	Director/Trustee
sign here	$\left( \frac{1}{2} \right)$	date	22/7/21