RINCON RESOURCES LIMITED — Major Shareholding Notification 2023

Oct 22, 2023

603 GUIDE page 1/2 23[rd] October 2023

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To: Company Name/Scheme RINCON RESOURCES LIMITED ACN/ARSN 628 003 538 1. Details of substantial holder (1) Name Mr Jason Peterson ACN/ARSN (if applicable) N/A The holder became a substantial holder on 20 / 10 / 2023

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)
Ordinaryfully paid(O.F.P.)	10,500,000	10,500,000	5.977%

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	Class and number of
		securities
Celtic Capital Pty Ltd	Celtic Capital Pty Ltd	10,500,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holders of relevantinterest	Registered holder ofSecurities	Person entitled to beregistered as a holder (8)	Class andnumber
			of securities
Celtic Capital Pty Ltd	Celtic Capital Pty Ltd	Celtic Capital Pty Ltd	10,500,000

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four month s 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
		**Cash **		Non-
Celtic Capital Pty Ltd	08/09/2023	$25,028.95			1,001,158
Celtic Capital Pty Ltd	20/10/2023	$237,471.05			9,498,842

6. Associates

The reasons the person named in paragraph 3 above and associates of the substantial holder are as follows:

Name and ACN/ARSN (ifapplicable)
	Nature of association
Celtic Capital Pty Ltd	Director

603 GUIDE page 2/2 23[rd] October 2023

7. Addresses

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

Name	Address
Celtic Capital PtyLtd	C/-PO Box Z5467, Perth St Georges Terrace, Perth WA 6831

Signature

print name Mr Jason Peterson capacity Director sign here date 23 / 10 / 2023