QX RESOURCES LIMITED — Major Shareholding Notification 2012

Feb 15, 2012

CRP/COMPUTERSHARE INVESTOR SERVICES PTY LTD  ***      T O P     2 0     H O L D E R S       ***
(RSP520:11.41:070212)
  BLACK MOUNTAIN RESOURCES LIMITED/BMZ                RUN NUMBER 0277       06/02/2012
A.C.N. 147 106 974    PAGE :      1
  CLASS GROUP: *G1/ORDINARY SHARES
  HOLDER NO     NAME AND ADDRESS                                           UNITS       % I/C      RANK
                PARK END LIMITED                                          9,000,000    14.33         1
                CORK INVESTMENTS INC                                      4,000,000     6.37         2
                MR JOHN RYAN                                              4,000,000     6.37         3
                TEXAS ENERGY ADVISORS LLC                                 4,000,000     6.37         4
                BRUSH PRAIRIE MINERALS INC                                3,000,000     4.78         5
                BOND STREET CUSTODIANS LIMITED                            2,500,000     3.98         6
                <OFFICIUM EMERGING RES A/C>
                RAVENHILL INVESTMENTS PTY LTD                             2,100,001     3.34         7
                <HOUSE OF EQUITY A/C>
                KARAKORAM NO2 PTY LTD                                     1,030,000     1.64         8
                <SUPER FUND A/C>
                MR LAWRENCE ANGELO BUONO &                                  550,000     0.88         9
                MRS VALERIE JEAN BUONO
                <ZOLOTO SUPER FUND A/C>
                CHESTER MINING COMPANY                                      500,000     0.80        10
                FERNLAND HOLDINGS PTY LTD                                   500,000     0.80        11
                <CELATO A/C>
                LUCKY FRIDAY EXTENSION MINING                               500,000     0.80        12
                COMPANY
                MALVERN PTY LTD                                             500,000     0.80        13
                <MALVERN INVESTMENT A/C>
                WATERLOO AUSTRALIA PTY LTD                                  500,000     0.80        14
                143 PTY LTD                                                 490,000     0.78        15
                <J F PEARCE FAMILY A/C>
                SEVENTY THREE PTY LTD                                       450,000     0.72        16
                <KING SUPER FUND NO 3 A/C>
                TWO TOPS PTY LTD                                            450,000     0.72        17
                MR PHILIP LUMB                                              410,000     0.65        18
                MS SHARON LUMB                                              410,000     0.65        19
                HSBC PORTFOLIO NOMINEES PTY                                 400,000     0.64        20
                LTD

CRP/COMPUTERSHARE INVESTOR SERVICES PTY LTD  ***      T O P     2 0     H O L D E R S       ***
(RSP520:11.41:070212)
  BLACK MOUNTAIN RESOURCES LIMITED/BMZ                RUN NUMBER 0277       06/02/2012
A.C.N. 147 106 974    PAGE :      2

  CLASS GROUP: *G1/ORDINARY SHARES
  HOLDER NO     NAME AND ADDRESS                                           UNITS       % I/C      RANK
                ***  REPORT  TOTAL  ***                                  35,290,001    56.18
                ***    REMAINDER   ***                                   27,522,500    43.82
                                                                     -----------------------
                ***  GRAND  TOTAL  ***                                   62,812,501   100.00

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TOTAL CURRENT HOLDERS MEETING CRITERIA FOR THIS REPORT:      473

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