Resolute Mining Limited — Major Shareholding Notification 2024

Dec 26, 2024

604 GUIDE page 1/1 13 March 2000

Form 604
Corporations Act 2001
Section 671R

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Resolute Mining Limited
ACN/ARSN	097 088 689
1. Details of substantial holder (1)Name	Van Eck Associates Corporation (and its associates referred to in paragraph 6).
ACN/ARSN (if applicable)	N/A
There was a change in the interests of thesubstantial holder on	20/12/2024

2. Previous and present voting power

The previous notice was dated

The previous notice was given to the company on

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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

18/11/2024

18/11/2024

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares	1199.369.792	19.36%	173.170.986	8.13%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6)	Considerationgiven in relationto change $(7)$	Class andnumber ofsecuritiesaffected	Person's votesaffected
	Van Eck AssociatesCorporation (VEAC)

Present relevant interests $4.$

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
VEAC	Bank of New YorkMellon as custodian .for ESB Pension FundGDX.	ESB Pension FundGDX (ESBGDX)	NEAC holds its relevantinterest by having the powerto exercise, control theexercise of, or influence theexercise of, the votingpowers or disposal of thesecurities to which thelrelevant interest relates inthe ordinary course ofinvestment managementlbusiness.	Ordinary shares851,929	0.04%
VEAC	State Street AustraliaLimited as custodian.for VanEck GoldMiners ETF	NanEck Gold MinersETF (GDX).	Same as above	Ordinary shares89,029.951	4.18%

VEAC	State Street AustraliaLimited as custodianfor VanEck GoldMiners ETF (AU)	VanEck Gold MinersETF (GDXAU)	Same as above.	Ordinary shares2,507,144	0.12%
NEAC	State Street Bank andTrust Company ascustodian for VanEckJunior Gold MinersETF	VanEck Junior GoldMiners ETF (GDXJ)	Same as above.	Ordinary shares59,787,193	2.81%
VEAC	State Street AustraliaLimited as custodianlfor VanEck SmallCompanies MastersETF	NanEck SmallCompanies MastersETF (MVS.AU)	Same as above.	Ordinary shares3,783,974	0.18%
NEAC	State Street CustodialServices (Ireland)Limited as custodianfor VanEck GlobalMining UCITS ETF	VanEck Gold MiningIUCITS ETF(UCTGDIG)	Same as above.	Ordinary shares2,156,348	0.10%
VEAC	State Street Custodial NanEck Gold MinersServices (Ireland)Limited as custodianfor VanEck GoldMiners UCITS ETF	UCITS ETF(UCTGDX)	Same as above.	Ordinary shares8.845,385	0.42%
VEAC	State Street CustodialServices (Ireland)Limited as depositaryfor VanEck JuniorGold Miners UCITSETF	VanEck Junior GoldMiners UCITS ETF(UCTGDXJ)	Same as above.	Ordinary shares6,209,062	0.29%

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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

6. Addresses

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

Name	Address
NEAC	1666 Third Avenue, New York, NY 10017
Van Eck Securities Corporation	1666 Third Avenue. New York, NY 10017
Van Eck Absolute Return Advisers, Inc.	666 Third Avenue, New York, NY 10017
VanEck Australia Pty Ltd	Level 47 Suite 2, 25 Martin Place, Sydney NSW 2000
VanEck Investments Limited	Level 47 Suite 2, 25 Martin Place, Sydney NSW 2000
VanEck Asset Management B.V.	Barbara Strozzilaan 310, 1083 HN Amsterdam, Netherlands

Signature

print name	Andrew Tilzer		VP - Portfolio Admin
sign here	---------------------------------------	date	2/2024

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 6 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $(6)$ Include details of:
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $\left( \partial \right)$ 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
  • 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 $(b)$ 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 acquired has, or may, become entitled to receive in relation to that acquisition. Details m $(7)$ are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $(8)$
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

$\sqrt{\Lambda}$

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
GDX	11/15/2024 B			In-Kind	63,075
GDX	11/18/2024 B			In-Kind	883,050
GDX	11/19/2024 B			In-Kind	201,856
GDX	11/20/2024 B			In-Kind	517,256
GDX	11/22/2024 S			In-Kind	542,746
GDX	11/25/2024 B			In-Kind	176,722
GDX	11/26/2024 B			In-Kind	201,968
GDX	11/27/2024 S			In-Kind	315,575
GDX	12/04/2024 S			In-Kind	126,450
GDX	12/11/2024 B			In-Kind	796,635
GDX	12/12/2024 B			In-Kind	50,580
GDX	12/13/2024 S			In-Kind	37,935
GDX	12/20/2024 S			In-Kind	493,194
GDX	12/20/2024 S		2,031,068.86		5,081,229
GDXJ	11/21/2024 B		414,937.76		1,023,821
GDXJ	11/22/2024 S			In-Kind	498,600
GDXJ	11/25/2024 S			In-Kind	199,434
GDXJ	11/26/2024 S			In-Kind	432,003
GDXJ	11/27/2024 S			In-Kind	132,936
GDXJ	12/02/2024 S			In-Kind	299,088
GDXJ	12/03/2024 S			In-Kind	166,250
GDXJ	12/19/2024 S			In-Kind	133,008
GDXJ	12/20/2024 S		3,903,871.38		9,766,515
IIG	11/25/2024 S		2,234,138.51		5,774,180
IIG	11/26/2024 S		1,062,602.88		2,718,261
HG	11/27/2024 S		1,198,641.61		3,056,894
VGOLD	11/25/2024 S		215,057.18		555,820
VGOLD	11/26/2024 S		102,285.84		261,659
VGOLD	11/27/2024 S		115,379.82		294,253
UCTGDX	11/19/2024 B		47,038.15		111,990
UCTGDX	12/20/2024 S		154,494.95		386,276
UCTGDXJ	11/21/2024B		41,519.89		102,508
UCTGDXJ	11/25/2024 S		23,801.62		59,510
UCTGDXJ	12/13/2024 B		38,338.76		89,151
UCTGDXJ	12/20/2024 S		333,298.27		833,329
MVSAU	11/26/2024 B			In-Kind	1,711,872
MVSAU	11/26/2024 B			In-Kind	53,496
MVSAU	12/11/2024B			In-Kind	53,536
MVSAU	12/12/2024 B		6,623.61		15,225
UCTGDIG	12/03/2024 S		33,305.63		79,313
GDXAU	11/20/2024 B		3,245 96		7,548
GDXAU	11/21/2024 B		6,115.36		15,098
GDXAU	11/29/2024 B		2,478 48		5,697

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Page 1 of 2

$\frac{1}{N}$

This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
GDXAU	12/20/2024 S		44,008.07		110,022
ESBGDX	12/20/2024 S		14,169.97		35,432
In-Kind transactions result from receiving a basket of securities (including RESOLUTE MININGLTD) in exchange for securities.