Resolute Mining Limited — Major Shareholding Notification 2024

Mar 18, 2024

Form 603 Corporations Act 2001 Section 671B

Notice of initial 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 (VEAC) and its associates as referred to in paragraph 6 (together, "VanEck").
ACN/ARSN (if applicable)	N/A
The holder became a substantial holder on	14/03/2024

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)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary shares	106,654,264	106,654,264	5.01%

3. Details of relevant interests

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

Holder of relevant interest		Nature of relevant interest (7)	Class and number of securities
	VEAC	VEAC holds its relevant interest by having the power 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 in the ordinary course of investment management business.	106,654,264

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 securities	Person entitled to be registered as holder (8)	Class and number of securities
VEAC	State Street Bank and Trust Company as custodian for VanEck Junior Gold Miners ETF	VanEck Junior Gold Miners ETF (GDXJ)	Ordinary shares 68,508,464
VEAC	State Street Bank and Trust Company as custodian for VanEck International Investors Gold Fund	VanEck International Investors Gold Fund (IIG)	Ordinary shares 29,167,035
VEAC	State Street Custodial Services (Ireland) Limited as depositary for VanEck Junior Gold Miners UCITS ETF	VanEck Junior Gold Miners UCITS ETF (UCTGDXJ)	Ordinary shares 6,580,033

VEAC	State Street Bank and Trust Company as custodian for Van Eck VIP Global Gold Fund	Van Eck VIP Global Gold Fund (VGOLD)	Ordinary shares
			2,398,732

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 interest	Date of acquisition	Consideration (9)		Class and number of securities
See Annexure A		Cash	Non-cash

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
Van Eck Securities Corporation	Associate under section 12(2) of the Corporations Act.
Van Eck Absolute Return Advisers, Inc.	Associate under section 12(2) of the Corporations Act.
VanEck Australia Pty Ltd	Associate under section 12(2) of the Corporations Act.
VanEck Investments Limited	Associate under section 12(2) of the Corporations Act.
VanEck Asset Management B.V.	Associate under section 12(2) of the Corporations Act.

7. Addresses

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

Name	Address
VEAC	666 Third Avenue, New York, NY 10017
Van Eck Securities Corporation	666 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	Ashley Sousa	capacity	Manager
sign here		date	18/03/2024

This is Annexure A of 1 page referred to in Form 603 - Notice of initial substantial holder.

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
GDXJ	01/19/2024	S	-	In-Kind	349,680
GDXJ	01/23/2024	S	-	In-Kind	262,260
GDXJ	01/24/2024	B	-	In-Kind	58,276
GDXJ	01/26/2024	S	-	In-Kind	29,137
GDXJ	02/05/2024	S	-	In-Kind	116,544
GDXJ	02/14/2024	B	-	In-Kind	58,264
GDXJ	02/26/2024	B	-	In-Kind	582,960
GDXJ	03/04/2024	B	-	In-Kind	174,864
GDXJ	03/05/2024	B	-	In-Kind	874,260
GDXJ	03/06/2024	B	-	In-Kind	466,384
GDXJ	03/11/2024	S	-	In-Kind	87,519
GDXJ	03/13/2024	B	-	In-Kind	437,610
GDXJ	03/14/2024	B	-	In-Kind	291,750
IIG	02/06/2024	S	519,312.53	-	1,443,000
IIG	02/28/2024	S	195,103.35	-	582,400
VGOLD	01/18/2024	S	11,699.32	-	30,400
VGOLD	01/22/2024	S	9,594.66	-	23,700
VGOLD	02/23/2024	S	12,794.38	-	37,100
VGOLD	02/28/2024	S	12,863.96	-	38,400
UCTGDXJ	03/01/2024	B	22,235.06	-	64,443
UCTGDXJ	03/06/2024	B	18,508.88	-	50,019
UCTGDXJ	03/07/2024	B	20,487.15	-	51,861
UCTGDXJ	03/08/2024	B	96,446.04	-	253,780
UCTGDXJ	03/11/2024	B	29,836.02	-	78,508
In-Kind transactions result from receiving a basket of securities (including RESOLUTE MINING LTD) in exchange for securities.