STANMORE RESOURCES LIMITED — Major Shareholding Notification 2022

Mar 17, 2022

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18 March 2022

FORM 604 – NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

Stanmore Resources Limited ( Stanmore or the Company ) (ASX: SMR) attaches a Form 604 Notice of change of interests of substantial holder it has received today from Matthew Latimore and M Resources Pty Ltd in connection with the issue of shares as a result of their participation in the institutional component of the entitlement offer announced by Stanmore on 3 March 2022.

Approval

This announcement has been approved for release by the Company Secretary.

For further information, please contact:

Rees Fleming Company Secretary & General Counsel 07 3238 1000

About Stanmore Resources Limited (ASX: SMR)

Stanmore Resources Limited owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region which includes the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East and Isaac Downs mining areas and the Isaac Plains Underground Project. The Company is focused on the creation of shareholder value via the efficient operation of the Isaac Plains Complex and the identification of further development opportunities within the region. Stanmore Resources is a 50% shareholder in the Millennium and Mavis Downs Mine and holds a number of additional high-quality prospective coal tenements located in Queensland’s Bowen and Surat basins.

Stanmore Resources Limited ACN 131 920 968

p: +61 7 3238 1000 e: info@stanmore.net.au w: www.stanmore.net.au

Level 15, 133 Mary Street, Brisbane QLD 4000 GPO Box 2602, Brisbane QLD 4001

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Stanmore Coal Limited ACN/ARSN 131 920 968

1. Details of substantial holder (1)

Name M Resources Pty Ltd and Matthew Latimore

ACN/ARSN (if applicable) 151 351 790

There was a change in the interests of the substantial holder on 16 / 03 / 2022 The previous notice was given to the company on 18 / 05 / 2020 The previous notice was dated 18 / 05 / 2020

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)
Fully paid ordinary shares	38,866,531	14.37% based on 270,440,640 ordinary shares on issue	61,593,804	7.10% based on 867,186,322 ordinary shares on issue

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:

Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
Matthew Latimore	Shares acquired by Latimore Family Trust subscribing for a portion of its pro- rata entitlement under the institutional component of the 7 for 3 accelerated renounceable entitlement offer announced by Stanmore on 3	A$1.10 per share	22,727,273 Fully Paid Ordinary shares	22,727,273

604 Page 2 of 3 15 July 2001

March 2022.

4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Matthew Latimore	Latimore Family Pty Ltd ATF Latimore Family Trust	Latimore Family Pty Ltd ATF Latimore Family Trust	Relevant interest in the circumstances set out in section 608(3)of the Act	59,714,859 fully paid ordinary shares	59,714,859
M Resources Pty LTd	M Resources Pty Ltd	M Resources Pty Ltd	Direct Holding	1,878,945 fully paid ordinary shares	1,878,945

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 N/A
N/A

6. Addresses

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

Name	Address
M Resources Pty Ltd	Level 37, 123 Eagle Street, Brisbane QLD, Australia
Matthew Latimore	145 Highwood Road, The Gap, QLD, Australia

Signature

print name sign here	Matthew James Latimore capacity Managing Director
	date 18/03/2022

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.

604 Page 3 of 3 15 July 2001

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) 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

• (b) 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 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.

• (7) 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.

• (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.