SUNSTONE METALS LTD — Major Shareholding Notification 2011

Jan 11, 2011

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Avalon Minerals Ltd
ACNJARSN	123 184 412
1. Details of substantial holder (1)

Name Peakville Investments Ltd ACN/ARSN (if applicable)

10/01/2011 The holder became a substantial holder on

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

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Shares	28,555,828	28,555,828	16.3%

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 securities
Peakville Investments Ltd	Indirect	28,555,828

4. Details of present registered holders

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

Holder of relevant interest	Registered holder of securities	Person antitled to be registered as holder (8)	Class and number of securities
Peakville Investments Ltd	Peakville Investments Ltd		22,841,542 FPO
Peakville Investments Ltd	Citicorp Nominees Pty Ltd		5,714,286 FPO

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and ecquired in the four months 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-cash
Peakville Investments Ltd	10/01/2011	\$4,111,477		22,841,542 FPO

---

$\sim$

$\sim$

$\frac{1}{2}$ and $\frac{1}{2}$ and $\frac{1}{2}$

$\mathbf{1}$ and $\mathbf{1}$

6, Associates

Administration

The reasons the persons named in paragraph is above are exectings of the substantial nobler are up follows:

$\mathcal{M}{\text{MMS}}$ and $\mathcal{M}{\text{MMS}}$ is a second of a second $\mathcal{M}_{\text{MMS}}$

7. Addresses

The actresses of persons narred in Ede funnt are as fallows:

$\alpha$ , $\alpha$

i Nome	Attitude
	Saskullle movestments Ltd 1/224h Hongung Md, Noorak, Wit SLAG
	Citioux Fonizes Fty Rtd GPO Box 7640, Mallevane VIC 3001

Signature

odof name	baso Sier Mon Chung		cancely Director
oven natur		duto	21/01/2015

DIRECTIONS

• (1) או There are a number of cobsisted a holder sign strategy or mining (whereal transmission) ואם האופים משום
  האחתקנו שול שמוספ כו סה שקולון לנועץ, אם המכונה כמול שם backback וכו מתחתנות עד לאופי למוח השפעות למוחמת ח"מ
• (2) See the definition of "associate" in sention it of the Corporations Act 2001.
• (3) See tim definition of "relevent internal" in sections 608 and driving; of the Copycratism Act 8001.
• (4) The voling absence of a company constitute one class unless dilebed into separate atomics.
• (5) The folst climate of viction eduction to at the voting shores in the company or voting intensis in the schores (if any) that the partien or on
  decoration to a relever, injenies in.
• (d) The pentoris veins civilized by the initial volus in the body corporate or acheres multiplied by 100.
• (7) frickels defails of:
• (a) any mievent agament or other circumstance by which the miestal islams may may describe 271844, a capy of
  The chonmest acking out the tensor aftery mismot ageneties, and a subsemed by the person giving islamic intensi
  
• en a more way.
  Any qualitanty: of the peacer of a portar in moreles, control fim uservies of, or historica the moreles of, the volting powers or
  disposed at the estantion to which the convert islams bestow (missing sheety (国)

the the defailion of frelevant replieswith' in section is effice Corporations Act 2001.

• (0) If the subseminal holder is unable to determine the identity of the paraon (eg. if the minuant interest artists because of en optica) actin
  "unknown".
• (if) Detaile of the numbigenties must implice any and all noneits, money and other, that suy person hour a network interest interest well
  occurred has, or may, became entitied to receive in minimite be philosophistics. Des

$\lambda = 100$ $\lambda$