RAND MINING LIMITED — Major Shareholding Notification 2019

May 19, 2019

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company name/Scheme	Rand Mining Limited (RND)
	A.C.N. or A.R.S.N. ACN 004 669 658

1. Details of substantial holder (1)

Name	Mr Zhendong Liu
ACN/ARSN (if applicable)	ΝW
The holder ceased to be asubstantial holder on		30 April 2019
The previous notice was given to the company on		1 June 2017
The previous notice was dated		30 May 2017

1. Changed 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 to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange $(4)$	Considerationgiven in relationto change(5)	Class (6) andnumber ofsecuritiesaffected	Person's votesaffected
30 April 2019	Mr Zhendong Liu. Relevantinterest arising as a result ofsection $608(1)(b)$ and $(c)$ of theCorporations Act 2001 (Cth)(Act) by virtue of Mr ZhendongLiu controlling General EnergyInternational Holdings Limited(GEI) as the sole director andshareholder of GEI	Mr Zhendong Liu ceased tobe the sole director andshareholder of GEI on 30April 2019	N/A	7,806,7281shares	[7,806,728]

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)	i Nature of association.
Keynes Capital Global Limited (KCG) and Mr	Ceased to be an associate of Mr Zhendong Liu as a result of no loner acting, or proposing to
Xingian Yi	Lact in concert with Mr Zhendong Liu in relation to the shares

4. Addresses

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

l Name	Address
I KCG and Mr Xingian Yi	RM B 22/F Times Tower, 391-407 Jaffe Road, Wanchal Hong Kong
I GEI and Mr Zhendong Liu	1 Room 304, 452 Xian Yue Road, Siming District, Xiamen, Fulian 36100

1. 120 甲 1.4的 日1 La Signature

print name Li Pak Wang Daniel	Attorney
$\sim$ $\sim$ $\sim$ $\sim$	capacily
SA MARGARET PROFITA	A DESCRIPTION OF STATISTICS AND A REPORTED FOR DESCRIPTION
ßA	2019
sign here	May 1
and a member of the state of	date
_____	.

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or $(1)$ the 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 6 of the form.
• See the definition of "relevant interest" in section 608 and 671(b) of the Corporations Act 2001. $(2)$
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(3)$
• Include details of: $(4)$
  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any 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
  • (b) 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 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.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was $(5)$ acquired has, 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.
• The voting shares of a company constitute one class unless divided into separate classes. $(6)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$