SUNSTONE METALS LTD — Major Shareholding Notification 2014

Oct 29, 2014

FORM 604 Corporations Act 2001 Section 671B

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

To:	Company Name/Scheme	AVI - Avalon Minerals Limited
	ACN/ARSN	123 184 412
1.	Details of Substantial Holder(1)
	Name	Acorn Capital Limited
	ACN/ARSN (if applicable)	082 694 531
	There was a change in the interests of thesubstantial holder on	30/10/2014
	The previous notice was given to the company on	14/08/2014
	The previous notice was dated	14/08/2014

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	173,020,750	12.04%	149,225,433	10.39%

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 of Change	Person whose relevantinterest changed	Nature ofchange (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person's votesaffected
14-Aug-2014 to30-Oct-2014	Acorn Capital Limited	Sold	($-103,641.9)	23,795,317	23,759,317

4. Present relevant interests

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

Holder of Relevant Interest	Registered Holder of Securities	Person Entitledto be Registeredas	Nature ofrelevantinterest	Class andNumber ofSecurities	Person'sVotes
Colonial Foundation	The Myer Family			4,087,945	4,087,945
UniSuper	National Nominees			41,162,241	41,162,241
Commonwealth Bank Officers' Superannuation Fund	Citicorp Nominees			48,892,385	48,892,385
First State Super	JP Morgan Chase			55,082,862	55,082,862

5. Changes in Associates

The persons who have become associates (2) of, ceased to be associates, or have change 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)	Name of Association

6. Addresses

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

Name	Address
All Relevant Holders	C/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000

Print Name	PAUL PALUMBO	Capacity	Portfolio Manager
Sign Here		Date	30/10/2014