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SUNSTONE METALS LTD — Major Shareholding Notification 2012
Sep 13, 2012
65870_rns_2012-09-13_9edeb90d-4723-480d-8c7b-76ccd227b482.pdf
Major Shareholding Notification
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Form 603
Corporations Act 2001 Section 671B
Notice of initial substantial shareholder
| To Company Name/Scheme | AVALON MINERALS LIMITED | |||
|---|---|---|---|---|
| ACN | 123 184 412 | |||
| 1.Details of substantial holder (1) | ||||
| Name | The Goldman Sachs Group, Inc. on behalf of itself and its subsidiaries ("GSGI") includingits significant subsidiaries listed in Annexure A. | |||
| ACN/ARSN (ifapplicable) | Not applicable |
The holder became a substantial holder on 11 September 2012
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 became a substantial holder are as follows:
| Class of securities | Number of securities | Persons' votes | Voting power |
|---|---|---|---|
| Ordinary Fully Paid Shares | |||
| 19,924,858 | 19,924,858 | 6.02% |
3. Details of relevant interests
The nature of the relevant interest the substantial holder 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 | Class and number of securities | |
|---|---|---|---|
| The Goldman Sachs Group Inc("GSGI") | GSGI has a relevant interest in these shares byvirtue of section 608(3) of the Corporations Act2001 | 19,924,858 | Ordinary Fully Paid Shares |
| Goldman Sachs International("GSI") | Prime Brokerage with power to control theexercise of the power to dispose of sharespursuant to a Prime Broking Agreement(See Annexure B) | 19,924,858 | Ordinary Fully Paid Shares |
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 relevantinterest | Registered holder ofsecurities | Person entitled to beregistered as holder | Class and number of securities | |
|---|---|---|---|---|
| GSI | HSBC Custody NomineesAustralia Limited | GSI | 19,924,858 | Ordinary Fully Paid Shares |
5. Consideration
The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired 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 | Number ofPerpetual Preferred Units | Total Consideration |
|---|---|---|---|
| GSI | 11/09/2012 | 19,924,858 | Prime Brokerage Agreement |
6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
| Name and ACN (if applicable) | Nature of association |
|---|---|
| N/A | N/A |
7. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| GSGI | Corporation Trust Center, 1209 Orange Street, Wilmington DE19801, U.S.A. |
| Goldman Sachs International | Peterborough Court133 Fleet Street London EC4A 2BB UnitedKingdom |
| HSBC Custody Nominees Australia Limited | GPO Box 5302, Sydney NSW 2001 |
Signature
| Print name | Michael Corwin(signing under power of attorney inaccordance with section 52 of theCorporations Act) | Capacity | Authorised Person |
|---|---|---|---|
| Sign here | Date | 13 September 2012 |
Annexure A
Significant Subsidiaries of The Goldman Sachs Group, Inc.
The following are significant subsidiaries of The Goldman Sachs Group, Inc. as of December 31, 2011 and the states or jurisdictions in which they are organized. Indentation indicates the principal parent of each subsidiary. The Goldman Sachs Group, Inc. owns, directly or indirectly, at least 99% of the voting securities of substantially all of the subsidiaries included below. The names of particular subsidiaries have been omitted because, considered in the aggregate as a single subsidiary, they would not constitute, as of the end of the year covered by this report, a "significant subsidiary" as that term is defined in Rule 1-02(w) of Regulation S-X under the Securities Exchange Act of 1934.
| Name | atate urJurisdiction ofOrganization ofEntity |
|---|---|
| The Goldman Sachs Group, Inc. | Delaware |
| Goldman, Sachs & Co. | New York |
| Goldman Sachs (UK) L.L.C. | Delaware |
| Goldman Sachs Group Holdings (U.K.) | United Kingdom |
| Goldman Sachs International Bank | United Kingdom |
| Goldman Sachs Holdings (U.K.) | United Kingdom |
| Goldman Sachs International | United Kingdom |
| Goldman Sachs Asset Management International | United Kingdom |
| Shire UK Limited | United Kingdom |
| KPL Finance Limited | Cayman Islands |
| GS Financial Services L.P. (Del) | Delaware |
| JIOHC | Cayman Islands |
| Jupiter Investment Co., Ltd. | Japan |
| Goldman Sachs Global Holdings L.L.C. | Delaware |
| GS Asian Venture (Delaware) L.L.C. | Delaware |
| Triumph II Investments (Ireland) Limited | Ireland |
| GS Diversified Funding LLC | Delaware |
| Panda Investments Ltd | Mauritius |
| GS (Asia) L.P. | Delaware |
| Goldman Sachs (Japan) Ltd. | British Virgin Islands |
| Goldman Sachs Japan Co., Ltd. | Japan |
| J. Aron Holdings, L.P. | Delaware |
| J. Aron & Company | New York |
| Horizon Fundo De Investimento Multimercado Credito Privado - Investimento No Exterior | Brazil |
| Goldman Sachs Asset Management, L.P. | Delaware |
| Goldman Sachs Hedge Fund Strategies LLC | Delaware |
| Goldman Sachs (Cayman) Holding Company | Cayman Islands |
| Goldman Sachs (Cayman) Trust, Limited | Cayman Islands |
| Goldman Sachs (Asia) Corporate Holdings L.P. | Delaware |
| Goldman Sachs Holdings (Hong Kong) Limited | Hong Kong |
| Goldman Sachs (Asia) Finance | Mauritius |
| Goldman Sachs (Asia) LLC | Delaware |
| Goldman Sachs (Asia) Securities Limited | Hong Kong |
| Goldman Sachs Financial Markets, L.P. | Delaware |
| MTGLQ Investors, L.P. | Delaware |
| ELQ Investors, Ltd | United Kingdom |
| GS European Opportunities Fund B.V.GS European Strategic Investment Group B.V. | NetherlandsNetherlands |
| Delaware | |
| Opal Resources LLCGS Mehetia LLC | Delaware |
| Mehetia Holdings Inc. | Delaware |
| GS Lending Partners Holdings LLC | Delaware |
| Goldman Sachs Lending Partners LLC | Delaware |
| Goldman Sachs Bank USA | New York |
| Goldman Sachs Mortgage Company | New York |
| GSCP (DEL) Inc. | Delaware |
| Goldman Sachs Credit Partners L.P. | Bermuda |
| GSTM LLC | Delaware |
| SLK LLC | New York |
| Goldman Sachs Execution & Clearing, L.P. | New York |
| GS Financial Services II, LLC | Delaware |
| GS Funding Europe | United Kingdom |
| GS Funding Europe I Ltd. | Cayman Islands |
| Name | State orJurisdiction ofOrganization ofEntity |
|---|---|
| GS Funding Europe II Ltd. | Cayman Islands |
| GS Investment Strategies, LLC | Delaware |
| GSEM (Del) Inc. | Delaware |
| GSEM (Del) Holdings, L.P. | Delaware |
| GSEM Bermuda Holdings, L.P. | Bermuda |
| GSEM (Del) LLC | Delaware |
| GS Equity Markets, L.P. | Bermuda |
| GSIP Holdco A LLC | Delaware |
| Special Situations Investing Group, Inc. | Delaware |
| GS Mortgage Derivatives, Inc. | Delaware |
| GS Direct, L.L.C. | Delaware |
| Commonwealth Annuity and Life Insurance Company | Massachusetts |
| First Allmerica Financial Life Insurance Company | Massachusetts |
| Goldman Sachs Specialty Lending Holdings, Inc. II | Delaware |
| Goldman Sachs Specialty Lending CLO-I, Ltd. | Cayman Islands |
| GS Power Holdings LLC | Delaware |
| Natural Resources Investments S.L. | Spain |
| Comercializadora Internacional Colombian Natural Resources I S.A.S. | Colombia |
| Mitsi Holdings LLC | Delaware |
| Metro International Trade Services LLC | Delaware |
| MLQ Investors, L.P. | Delaware |
| AR Holdings (Delaware) L.L.C. | Delaware |
| AR Holdings GK | Japan |
| GK Kagurazaka Holdings | Japan |
| GK Arisugawa Finance | Japan |
| K.K. Minato Saiken Kaishu | Japan |
| GS PIA Holdings GK | Japan |
| Crane Holdings Ltd. | Japan |
| Goldman Sachs Realty Japan Ltd. | Japan |
| Goldman Sachs Ireland Group Holdings LLC | Delaware |
| Goldman Sachs Ireland LLC | DelawareIreland |
| Goldman Sachs Ireland Group Limited | Ireland |
| Goldman Sachs Ireland Holdings Limited | Ireland |
| Goldman Sachs Bank (Europe) plc | Delaware |
| Rothesay Life, L.L.C.Rothesay Life (Cayman) Limited | Cayman Islands |
| Rothesay Life Limited | United Kingdom |
| ELQ Holdings (Del) LLC | Delaware |
| ELQ Holdings (UK) Ltd | United Kingdom |
| ELQ Investors II Ltd | United Kingdom |
| Goldman Sachs Specialty Lending Holdings, Inc. | Delaware |
| Goldman Sachs Holdings ANZ Pty Limited | Australia |
| GS HLDGS ANZ II Pty Ltd | Australia |
| Goldman Sachs Australia Group Holdings Pty Ltd | Australia |
| Goldman Sachs Australia Pty Ltd | Australia |
| Archon International Inc. | Delaware |
| Archon Group Deutschland GMBH | Germany |
| Goldman Sachs Private Equity Group Master Fund I, LLC | Delaware |
THE GOLDMAN SACHS GROUP, INC AND ITS SUBSIDIARIES
Signature
| print name |
|---|
| print name | Michael Corwin(signing under power of attorneyin accordance with section 52 ofthe Corporations Act) | capacity | Authorised Person | |
|---|---|---|---|---|
sign here date 13 September 2012
Annexure B
This is Annexure B referred to in the Form 603: Notice of Initial Substantial Holder issued by The Goldman Sachs Group, Inc. and its subsidiaries.
The following is description of the Prime Brokerage Agreement referenced in the accompanying Form 603:
| Type of agreement | Prime Brokerage Agreement ("PBA") | ||
|---|---|---|---|
| Parties to agreement | Goldman Sachs International ("GSI"), Galena Special Situations | ||
| Master Fund Limited ("Lender") | |||
| Transfer date | 11 September 2012 | ||
| Holder of voting rights | The current registered legal owner of the referenced voting shares is | ||
| GSI. | |||
| Are there any restrictions on | Not to our knowledge. | ||
| voting rights? Yes/no | |||
| If yes, detail | |||
| Scheduled return date (if | N/A | ||
| any) | |||
| Does the borrower have the | No | ||
| right to return early? Yes/no | |||
| If yes, detail | |||
| Does the lender have the | Yes, Clauses 4.5 and 4.6 of the PBA allow the Lender to call for the | ||
| right to recall early? Yes/no | redelivery of the Equivalent Collateral (as defined in the PBA) upon | ||
| If yes, detail | request. | ||
| Will the securities be | Yes, save the PBA allows the Lender to return Equivalent Collateral | ||
| returned on settlement? | (as that term is defined in the PBA) rather than the relevant | ||
| Yes/no | securities. | ||
| If yes, detail any exceptions |
A copy of the agreement will be provided to Avalon Minerals Limited or the Australian Securities and Investments Commission upon request.
Signature
| Print name | Michael Corwin(signing under power of attorney inaccordance with section 52 of theCorporations Act) | Capacity | Authorised Person |
|---|---|---|---|
| Sign here | Date | 13 September 2012 |