SILVER MINES LIMITED — Major Shareholding Notification 2016

Dec 22, 2016

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To, Company Name/Scheme	SILVER MINES LIMITED
ACN/ARSN	107 452 942
1. Details of substantial holder (1)
Name	ANTHONY MCCLURE
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on.	21/12/2016
The previous notice was given to the company on	27/06/2016
The previous notice was dated	27/06/2016

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 voling 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 of change Sections	Person whose relevant interest changed بمحاولات المتحاسبات	Nature of change (4) وسيعتب وسيبرز	Consideration given In relation to change (5)	Class (6) and number of securities affected	Person's voles affecied -----
See
Annexure
А MARKWAY

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 aubstantial 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 سمد	-------- ------ Address
See Annexure B	______ AND YOU CALLS --

Signature

print name	Anthony McClure	capacity
sign here	a con	محمد سن TOWN 23/12/2016 date
	State State -----------	----- . وسيستعيذ

605 Page 2 of 2 15 July 2001

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related refevant 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.
• See the definition of "relevant Interest" in sections 608 and 671B(7) of the Corporations Act 2001, $(2)$
• See the definition of "associate" In section 9 of the Corporations Act 2001. $(3)$
• $(4)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(n)$ 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.

• $(5)$ 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.
• The voting shares of a company constitute one class unless divided into separate classes. $(6)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$

This is Annexure A of 1 page referred to in form 605 Ceasing to be a Substantial Shareholder

ANNEXURE A

huel

Anthony John McClure

23 December 2016 $\overline{Date}$

Date of change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
21/12/2016	Anthony John McClure	Dilution as a result of the Company's placement.	N/A	8,687,500 Ord	8,687,500
21/12/2016	Georgina Susan King	Dilution as a result of the Company's placement.	N/A	5,212,500 Ord.	5,212,500
21/12/2016	Hugo James McClure	Dilution as a result of the Company's placement.	N/A	1,737,500 Ord.	1,737,500
21/12/2016	Frederick Peter McClure	Dilution as a result of the Company's placement.	N/A.	1,737,500 Ord	1,737,500

$\overline{\mathcal{L}}$ دب

ANNEXURE B

Kuch

23 December 2016

Anthony John McClure

$\overline{$ Date

4. Addresses:

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

Name	Address
' Anthony John McClure	c/- Level 11, 52 Phillip Street, Sydney NSW 2000
Georgina Susan King	c/- Level 11, 52 Phillip Street, Sydney NSW 2000
'Hugo James McClure	c/- Level 11, 52 Phillip Street, Sydney NSW 2000
Frederick Peter McClure	c/- Level 11, 52 Phillip Street, Sydney NSW 2000

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