SUNSTONE METALS LTD — Major Shareholding Notification 2011

Sep 1, 2011

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Avalon Minerals Ltd
ACN/ARSN	123 184 412
1. Details of substantial holder (1)
Name	Peakville Investments Ltd
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	29/08/2011
The previous notice was given to the company on
	23/03/2011
The previous notice was dated
	23/03/2011

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 r

Previous notice		Present notice
Person's votes	Voting power (5)	Person's votes	Voting power (5)
22,134,028	10.58%	22,134,028	$9.32\%$

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 as follows:

Date of change	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
05/07/2011	Peakville Investments Ltd	Dilution of interest due to issue of 8,362,222 ordinary shares	N/A	N/A	N/A
29/08/2011	Peakville Investments Ltd	Dilution of interest due to issue of 19,891,111 ordinary	N/A	N/A	N/A

ATTN: ME DANER ACCONSOL -

$\mathcal{L} \cup { \cdot, \cdot }$ (Ends of

20d Page 2 at This July 2001

$\le$ -20 K .

	$\cdot$ 11000000	$-$ ಚುಷ್ಕೀತಿ	$\sim$ $ -$ --------------	The State of Con- $\cdots$	$100 - 100 - 100 = 100$ --
1.0007
					RA Adam and America

4. Present relevant interests

Perticulate of each relevant interest of the substantial hotels in voting accuration after the change are as follows:

Holder of relevant interest	Recolered 12/201 of securities	Person entitled to be registered an holder	----- Nature of relevant nterest (6)	Class and number ು ವರ್ಷಗಳು	Feren's voies
Pozkvillo Investments	Citicorp Nominad3 PtV Led		Indianet	$+22.154.326$ $^{\circ}$ PC	22,134,028
⇒td

5. Changes in association

The bersons who have become associates (2) of, chased ) ) ha associates of, or have changed the nature of viair association (9) with, the
substantial holder in relation to uping interacts in the company of coheme are as fo

	Ramo mid ACMARSN (8 applicable) Nature of asst tlatich

6. Addresses

The addresses of property remed in this form are os follows:

Name	Aderess
Faakville Invastaants i Ltd	20 Bes N-. 976, Nassau, Bahawas
Citicoro Namineos Sty صعد ا	' GPO Box 7543, Malh eurna VIC 3001

Signature

	print name	Dato Siow Man Chuate	CODOCS'	Ultimate henaficial swnex
	eign here		date
${5}$		DIRECTIONS if there are a punk or or a between holders with air war or related relevant interests (eq. a corporation and its related corporations, or the meneger and twenty of effective intert, the names and discluded in an anoticite to the form. If the relevant interests of a group of periods are associated they may be referred to throughout the form as a specifically named group if the memographs of each group, with a specifies and dedication of mumbere is elect y act out in paragraph of the form.
(2)		Service second of interction 9 of the Corporations Act 2001.
Ţ.,		See the company relevant interest in sections 106 and 67° B(7) of the Corporations Act 2001.

(4) The voling shares of a company ponsitivity one class unless divided into separate closses

• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $(6)$ 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
• 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.

• $(7)$ 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.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "unknown".
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.