Resolute Mining Limited — Major Shareholding Notification 2014

Jun 30, 2014

01

1 July 2014

SUBSTANTIAL SHAREHOLDER NOTICE

ASX ANNOUNCEMENT

Please find attached a notice of Resolute Mining Limited ceasing to be a substantial shareholder in Bullabulling Gold Limited.

GREG FITZGERALD Company Secretary

About Resolute:

Resolute is an unhedged gold miner with three operating mines in Africa and Australia. The Company is one of the largest gold producers by volume listed on the ASX. Resolute's flagship Syama project in Mali is on track for an increase in production to 270,000oz of gold a year following an approved expansion to be undertaken through FY2016. At its Ravenswood mine in Queensland Resolute is investigating a number of opportunities to add value by increasing gold production and lowering operating costs. The Company controls an extensive footprint along the highly prospective Syama Shear and Greenstone Belts in Mali and Cote d'Ivoire. Resolute has also identified a number of highly promising exploration targets at its Ravenswood operations and holds a number of exploration projects in Tanzania surrounding it's now completed Golden Pride mine.

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Bullabulling Gold Limited
ACN/ARSN	153 234 432

1. Details of substantial holder(1)

Name	Resolute Mining Limited and each of its related bodies corporate
ACN/ARSN (if applicable)	097 088 689

The holder ceased to be a substantial holder on 1 July 2014. The previous notice was given to the company on 24 April 2013. The previous notice was dated 24 April 2013.

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) 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 of change(4)	Considerationgiven in relationto change(5)	Class(6) and numberof securities affected	Person'svotesaffected
1/7/14	ResoluteMining Limitedand Resolute(Treasury) PtyLtd	Sale of shares by Resolute (Treasury) Pty Ltd (a whollyowned subsidiary of Resolute Mining Limited) by wayof acceptance of the offer from Norton Gold FieldsLimited ("NGF") as set out in the NGF Bidder'sStatement dated 17 April 2014 as supplemented fromtime to time.	8 cents pershare or $1.62min total to bereceived in cashin accordancewith the NGFoffer	20,250,000 fullypaid ordinary shares	Resolute(Treasury)Pty Ltd

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

4. Addresses

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

Name	Address
Resolute Mining Limited	4th Floor, BGC Centre, 28 The Esplanade, Perth WA 6000
Resolute (Treasury) Pty Ltd	4th Floor, BGC Centre, 28 The Esplanade, Perth WA 6000

Signature

print name	Greg Fitzgerald	capacity	Company Secretary
sign here		date	1/7/14

DIRECTIONS

(1) 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 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 4 of the form.

(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.

(3) See the definition of "associate" in section 9 of the Corporations Act.

(4) Include details of:

• (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.

(5) 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 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.

(6) The voting shares of a company constitute one class unless divided into separate classes.

(7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.