SABRE RESOURCES LIMITED — Major Shareholding Notification 2015

Oct 28, 2015

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Sabre Resources Ltd
ACN/ARSN	003 043 570

1. Details of substantial holder (1)

Name	Coniston Pty Ltd (ACN 008 943 093) (Coniston Trust) (ABN 76 612 901419); and Kalgoorlie Mine Management Pty Ltd (ACN 009 235625) (collectively "The Group")
ACN/ARSN (if applicable)
There was a change in the interests of thesubstantial holder on		26/10/2015
The previous notice was given to the company on		31/07/2015
The previous notice was dated		31/07/2015

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

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	73,290,771	32.36%	73,290,771	29.14%

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 of change (6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person's votesaffected
		SEE ANNEXURE A

4. Present relevant interests

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

Holder ofrelevantinterest	Registered holderof securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest $(6)$	Class and numberof securities	Person's votes
		SEE ANNEXURE A

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
Coniston Pty Ltd	PO Box 1618 West Perth WA 6872
Kalgoorlie MineManagement Pty Ltd	PO Box 1618 West Perth WA 6872

Signature

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.

• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• 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) $(a)$ 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
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ 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 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ 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.
• $(8)$ 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".
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

$(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.

SABRE RESOURCES LTD (ACN 003 043 570)

ANNEXURE A FORM 604 (page 3 of 3)

3. Changes in relevant interests

Date ofChange	Person whoseRelevantinterestchanged	Nature ofChange (6)	Considerationgiven in relationTo change (7)	Class and number ofsecurities affected	Person'svotesaffected
26/10/2015	Coniston PtyLtd	Increase inissued capital	Not applicable	70,700,000Ordinary Shares	The Group
26/10/2015	Kalgoorlie MineManagementPty Ltd	Increase inissued capital	Not applicable	2,590,771 OrdinaryShares	The Group

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Personentitled to beregistered asholder (8)	Nature of relevant interest (6)	Class andnumber ofsecurities	Person'svotes
				Ordinary Shares
Each memberof the group	Coniston PtyLtd (ConistonTrust)	Coniston PtyLtd (ConistonTrust)	Relevant interest by virtue of S608(1) of the Corporations Act2001	70,700,000	29.14%
Each memberof the group	Kalgoorlie MineManagementPty Ltd	Kalgoorlie MineManagementPty Ltd	Relevant interest by virtue of S608(1) of the Corporations Act2001	2,590,771	29.14%

Signature

Name:	James John del Piano	Capacity: Sole Director
Sign here:		Date: 29 October 2015

This is page 1 of Annexure A referred to in Form 604 - Notice of change of interests of substantial holder signed by me and dated 29 October 2015.