RAGNAR METALS LIMITED — Major Shareholding Notification 2016

Mar 9, 2016

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To: Company Name/Scheme

Drake Resources Limited

ABN 12 108 560 069

1. Details of substantial holder (1)

Name TRINITY CORPORATE PTY LTD

ACN/ARSN (if applicable)

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:

Class of securities (4)Fully Paid Ordinary Shares	Nature of securities35,870,203	Person’s votes (5)35,870,203	Voting Power (6)5.01%

3. Details of relevant interests

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

Holder of relevant interestTRINITY CORPORATE PTY LTD	Nature of relevant interestHolder of the securities	Class and number of securities35,870,203 Ordinary Shares

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 interest	Registered holder of	Person entitled to be	Class and number of
	securities	registered as holder (8)	securities
TRINITY CORPORATE PTY LTD	TRINITY CORPORATE PTY LTD	MR ANTHONY TORRE	35,870,203 Ordinary Shares

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 interestTRINITY CORPORATE PTY LTD	Date of acquisition3 FEBRUARY 2016	Consideration (9)CashNon-Cash$0.0024 PERSHARE	Class and number of securities35,870,203

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

7. Addresses

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

	Name	Name		Address
	MR ANTHONY TORRE		7 HOBBS AVENUEDALKEITH WA 6009
SignaturePrint nameSign here		MR ANTHONY TORRE	CapacityDate
				10 / 3 / 2016