RAND MINING LIMITED — Major Shareholding Notification 2021

Mar 28, 2021

grillohiggins.com.au ABN: 46-455 065 548

GrilloHiggins

Melbraarrer Officer Level 4, 114 William Street, Melbourne, Victoria, 3000

Porth Office Level 32, Central Park 152 St Georges Terrace, Perth, Western Australia, 6000

Contact David Woodford 03 8621 8886 dwoodford@grillohiggins.com.au

Our Ref: 200132

29 March 2021

Company Announcements Office Australian Securities Exchange

By fax: 1300 135 638

Dear Sir / Madam

KEYNES CAPITAL GLOBAL LIMITED - NOTICE OF CEASING TO BE A SUBSTANTIAL HOLDER

We are instructed by Keynes Capital Global Limited to provide the attached Form 605 - Notice of ceasing to be a substantial holder dated 29 March 2021 (Notice) to ASX and Rand Mining Limited (ASX:RND) (RND) in accordance with section 671B of the Corporations Act 2001 (Cth).

A copy of the Notice has also been provided to RND.

Yours sincerely

David Woodford Partner

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To	Company Name/Scheme	Rand Mining Limited (RND)
ACN/ARSN		004 669 658
1. Details of substantial holder (1)NameACN/ARSN (if applicable)		Koynos Capital Global Limited (KCG) and Xinqian YiN/A
	The holder ceased to be asubstantial holder on		25 March 2021
The previous notice was given to the company on			20 May 2019
The previous notice was dated			16 May 2019

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) invoting securities of the company or scheme, since the substantial holder was last required the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven in relationto change $(5)$	Class (6) andmimber ofsecuritiesaffected	Person's votesaffected
See Annexure A

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
' General Energy International HoldingsLimited (GE) and Ms Ping Chon	Termination of associate relationship on 25 March 2021

4. Addresses

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

Name	Address
Xiangian Yi	RM B 22/F Times Tower, 391-407 Jaffe Road, Wanchai, Hong Kong
KGG	RM B 22/F Times Tower, 391-407 Jaffe Road, Wanchai, Hong Kong
GEI	15/F., Chuang's Tower, 30-32 Connaught Road Central, Contral, Hong Kong
Ms Ping Chen	Flat B, 8/F, Block 4, Greenwood Terrace, Chai Wan, Hong Kong

Signature

	print name XINQIAN YI	DIRECTORcapacity
sign here		date 2021103 1 27

Annexure A - Details of change of relevant Interest

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven in relation tochange $(5)$	Class (6) and numberof securities affected	Porson's votesaffected
KCG changes in relevant interest
23.09.19	KCG	On-market sale	$14,971.95	-4.753.00 fully paidordinary shares inRND (Shares)	KCG
07,10.19	KCG	On-market sale	$16,528.05	$-5,247$ Shares	KCG
23.10.19	KCG	Oremarkot satu	$30,100.00	$-10,000$ Shares	KCG
25.10.19	KCG	On-market sale	$150,500,00	-50.000 Shares	KCG
08.11.19	KCG.	On-market purchase	$47,782.50	19,113 Shares	KCG
13.03.20	KCG	On-market purchase	$48,000.00	30,000 Shares	KCG
24.02.21	KCG	On-market sale	$24,017.26	-14,733 Shares	KCG
24.03.21	KCG	On-market sale	$60,790.82	-39,994 Shares	KCG
25.03.21	KCG	On-market sate	$3,001,047.45	-1,910,000 Shares	KCG
25.03.21	KCG and GE	Termination ofassociate relationship	N/A	-2,582,658 Shares	KCG and GE
			GE changes in relevant interest
24.08.20	GE	On-market sale	$639,531.20	-290,696 Shares	GE
25.00.20	GE	On market sale	$2,484.00	$-1,200$ Shares	ÇЕ.
26.08.20	GF	On-market sale	$16,208.00	$-8,104$ Shares	GΕ
08.10.20	GΕ	On-market sale	$984.30	-510 Shares	GE.
30.10.20	GE	On-market sale	$948.15	-490 Shares	GΕ.
04.12.20	GE	On-market sale	$5,700.00	$-3,000$ Shares	GΕ
04.12.20	GE	On-market sale	$2,950.95	$-1,545$ Shares	GE
04.12.20	GE	On-market salo	$9,686.40	-5,045 Shares	GE
04.12.20	GE	On-market sale	$7,796.25	-4,050 Shares	GE
04.12.20	GE	On-market sale	$245.75	-127 Shares	GE
04.12.20	GE	On-market sale	$26,381.55	$-13,529$ Shares	GΕ.
04.12.20	GE	On-market sale	$1,881.35	-955 Shares	GE
04.12.20	GE	On-market sale	$2,871.31	-1,339 Shares	GE
08.12.20	GE	On-market sale	$31,304.40	$-10,476$ Shares	GE.
11.12.20	GE	On-market sale	$3,800.00	-2,000 Shares	GF.
14.12.20	GE	On market sale	$2,660.00	$-1,400$ Shares	GE.
15.12.20	GE	On-market sale	$4,636.00	$-2,440$ Shares	GE
01.02.21	GE	On-market sale	$13,822.50	$-7,275$ Shares	GE.
02.02.21	GE	On-market sale	$3,336.40	-1,756 Shares	GE
12,03.21	GE	On-market sale	$16,012.50	-10,675 Shares	OЕ.
12.03.21	GE	On-market sale	$539.00	-350 Shares	GE.
12,03,21	GE	On-market safe	$9,740.52	-6,264 Shares	GE.
12.03.21	GE	On-market sale	$2,999.88	$-1,923$ Shares	GE.
12.03.21	GE	On-market sale	$5,600.00	$-3,500$ Shares	GE.
12.03.21	GE.	On-market sale	$24,287.00	-14,900 Shares	GЕ
12.03,21	GË	On-market sale	$16,500.00	$-10,000$ Shares	GΕ.
12.03.21	GE.	On-market sale	$5,957.00	-3,404 Sharos	GE.
16.03.21	GE	On-market sale	$19,333.50	$-12,889$ Shares	GE
16.03.21	GE.	On-market sala	$5,285.00	$-3,500$ Shares	GE.
17.03.21	GE	On-market sale	$917,60	-592 Shares	GE
17.03.21	GE.	On-market sale	$3,756.48	$-2,408$ Shares	GΕ
25.03.21	KCG and GEI	Tormination ofassociate relationship	NΙΛ	-2,806,114 Shares	KCG and GE