PTR MINERALS LTD — Major Shareholding Notification 2004

Jul 28, 2004

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	PETRATHERM LTD
ACN/ARSN	106 806 884
1. Details of substantial holder (1)Name	MINOTAUR RESOURCES INVESTMENTS PTY LTD
ACN/ARSN (if applicable).	108 483 683

The holder became a substantial holder on

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:

$27 / 7 / 04$

$-0.00000000000000000000000000000000000$.Class of securities (4)	Number of securities	Person's votes (5)________________________	Voting power (6)
ORDINARY	-7305	-00115.000
		--------------------------------------	--------------------------------------

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 helder are as follows:

-ALLAMAMAMAMAMA # 170--------------$$Holder of relevant interest	--------------------------------------Nature of relevant interest (7)_______________________________________	Class and number of securities______________________________________
______________________,,,,,,,,,,,,,,,,----------
ALLAMANA E ANNI EL CERTIN--------------,,,,,,,,,,,,,--------------------------------------.	"A"REFERTΩANNEYIERE______________________________________--------------------------------------	والمتكفف المتحدث والمتناقص والمتناول والمتناوب والمتناقص والمتناوب والمتناقص والمتناقص والمتناقص والمتناقص

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 relevantinterest	______________________________________--------------------------------------Registered holder ofsecurities	.Person entitled to beregistered as holder (8)______________________________________.	Class and numberof securities.
------------ASSAULT AND RESIDENCE OF CONTINUES.	de absorberennemente es vez_____________________________	______________________	.
.	REFER TO ANNEXHER "B"---------------------------------------______________________________________	_______________________________________	--------------------------------------

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:

the character of the contract of the---------ALLIAN FIRHolder of relevantinterest.	A AAA ILIII AMMA ILYEEMDate of acquisition.	1.Consideration (9)	-----------------------	Class and numberof securities
www.duckenderson.comCOMPANY FOR THE------	いっしょうしょう しょうきょうしん アンディア	www.factual.com/www.com/www.com/www.com/www.comJasr	Non-cash
--------------------------------------------------		$\ldots$ . A different consequences of a set of the set	www.com/www.com/www.com/www.com/www.com
------------www.astron.com	ALAMBAAAAAAHUUT	.		______________________________________
	.	ひつば	2.

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**************************************_______________________________
***************************************	unuMMEYImtww.tww.tww.twitter.com/and/www.tww.tww.tww.tww.tww.tww.tww.com/and/www.tw_______________________________________----------

7. Addresses

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

ALCOHOL: ANNOUNCENameBUATAMAN PULY LYTT	Address_
	--------------------------------------
Made Address Concert Street Engineers	ANNEXHRE "D"TODEEFD

Signature

print name	DONALD STEPHENS	capacity COMPANY SECRETARY
sign here	Anala Stephensوالمتعاصب سيتمات	$_{\text{data}}$ $\lambda$ $\alpha$ / $\sigma$ $\alpha$ / $\sigma$ $\alpha$

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 $(1)$ 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 6718(7) of the Corporations Act 2001. $(3)$
• The voting shares of a compasy 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 associate has a relevant $\left\langle \cdot \right\rangle$ interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. 修
• Include details of: $\langle \mathcal{V} \rangle$
  • arry relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out ${a}$ 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 the securities to 掛 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 anses because of an option) write "unknown". 翁
• 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 $(9)$ 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 porson from whom the refevant interest was acquired.

THIS IS THE ANNEXURE MARKED "A" REFERRED TO IN FORM 603 NOTICE OF INITIAL SUBSTANTIAL HOLDER OF PETRATHERM LTD A.C.N. 106 806 884

Details of Relevant Interests $\overline{3}$ .

Holder of relevant Interest	Nature of RelevantInterest (7)	Class and number ofsecurities
Minotaur Resources Investments Pty Ltd	See below (a)	15,000,001 Ordinary
Minotaur Resources Ltd	See below (b)	15,000,001 Ordinary
Minotaur Resources Holdings Pty Ltd	See below (c)	15,000,001 Ordinary
Minotaur Exploration Pty Ltd	See below (c)	15,000,001 Ordinary
Minex (SA) Pty Ltd	See below (c)	15,000,001 Ordinary
Minotaur Operations Pty Ltd	See below (c)	15,000,001 Ordinary
Minotaur Ventures Pty Ltd	See below (c)	15,000,001 Ordinary

Nature of Relevant Interest (7)

• Subscription pursuant to or as described in the Prospectus lodged with ASIC by $(a)$ Petratherm Ltd on 11th May 2004.
• Taken under Section 608(3)(b) of the Corporations Act to have a relevant interest by $(b)$ reason of having control of Minotaur Resources Investments Pty Ltd, Minotaur Resources Holdings Pty Ltd, Minotaur Exploration Pty Ltd, Minex (SA) Pty Ltd, Minotaur Operations Pty Ltd and Minotaur Ventures Pty Ltd.
• Taken under 608(3)(a) of the Corporations Act to have a relevant interest by reason $(c)$ of an associate, Minotaur Resources Limited having voting power above 20% in Minotaur Resources Investments Pty Ltd, Minotaur Resources Holdings Pty Ltd, Minotaur Exploration Pty Ltd, Minex (SA) Pty Ltd, Minotaur Operations Pty Ltd and Minotaur Ventures Pty Ltd.

Signature

Print Name:

DONALD STEPHENS

La Aufra Date 28/07/04

Capacity: COMPANY SECRETARY

THIS IS THE ANNEXURE MARKED "B" REFERRED TO IN FORM 603 NOTICE OF INITIAL SUBSTANTIAL HOLDER OF PETRATHERM LTD A.C.N. 106 806 884

Details of Present Registered Holders $4.$

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

Holder of relevant Interest	RegisteredHolder ofSecurities	Persons entitledto be registeredas holder (8)	Class and number ofsecurities
Minotaur Resources Investments Pty Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary
Minotaur Resources Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary
Minotaur Resources Holdings Pty Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary
Minotaur Exploration Pty Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary
Minex (SA) Pty Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary
Minotaur Operations Pty Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary
Minotaur Ventures Pty Ltd	Issue fromShare Capital	Minotaur ResourcesInvestments Pty Ltd	15,000,001 Ordinary

Signature

Print Name:

DONALD STEPHENS

Capacity: COMPANY SECRETARY

Denner Af ś.

Date $\frac{28}{3}$

THIS IS THE ANNEXURE MARKED "C" REFERRED TO IN FORM 603 NOTICE OF INITIAL SUBSTANTIAL HOLDER OF PETRATHERM LTD A.C.N. 106 806 884

Consideration $5.$

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 ofAcquisition		Consideration (9)	Class and number ofsecurities
		Cash	NonCash
Minotaur Resources InvestmentsPty Ltd	-25 March 2004		$300,000	15,000,001 Ordinary

Signature

Print Name:

DONALD STEPHENS

Capacity: COMPANY SECRETARY

mae Ah

Date $38/07/57$

THIS IS THE ANNEXURE MARKED "D" REFERRED TO IN FORM 603 NOTICE OF INITIAL SUBSTANTIAL HOLDER OF PETRATHERM LTD A.C.N, 106 806 884

6. Associates

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

Name and A.C.N. (if applicable)	Nature of Association
Minotaur Resources Ltd	Body corporate which controls the substantial
A.C.N. 091 504 497	shareholder
Minotaur Resources Investments Pty Ltd	Body corporate controlled by Minotaur Resources
A.C.N. 108 483 683	Limited which controls the substantial shareholder
Minotaur Resources Holdings Pty Ltd	Body corporate controlled by Minotaur Resources
A.C.N. 108 483 601	Limited which controls the substantial shareholder
Minotaur Exploration Pty Ltd	Body corporate controlled by Minotaur Resources
A.C.N. 091 525 343	Limited which controls the substantial shareholder
Minex (SA) Pty Ltd	Body corporate controlled by Minotaur Resources
A.C.N. 091 546 691	Limited which controls the substantial shareholder
Minotaur Operations Pty Ltd	Body corporate controlled by Minotaur Resources
A.C.N. 108 925 284	Limited which controls the substantial shareholder
Minotaur Ventures Pty Ltd	Body corporate controlled by Minotaur Resources
A.C.N. 108 925 382	Limited which controls the substantial shareholder

7. Addresses

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

Name	Address
Minotaur Resources Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067
Minotaur Resources Investments Pty Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067
Minotaur Resources Holdings Pty Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067
Minotaur Exploration Pty Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067
Minex (SA) Pty Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067
Minotaur Operations Pty Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067
Minotaur Ventures Pty Ltd	C/- HLB Mann Judd Stephens
	82 Fullarton Road, Norwood SA 5067

Signature

Print Name:

DONALD STEPHENS

Capacity: COMPANY SECRETARY

aplication (Communication)

Date $\frac{2g}{\sqrt{27}}$