VOLT RESOURCES LIMITED — Major Shareholding Notification 2013

Mar 26, 2013

Form 604

Corporations Act 2001 Section 671B Notice of change of interests of substantial holder

To Company Name/Scheme Mozambi Coal Limited ACN/ARSN ACN 106 353 253

1. Details of substantial holder (1)

1. Details of substantial holder (1)	1. Details of substantial holder (1)
Name Polo Australasia Limited
ACN/ARSN (if applicable) N/A
There was a change in the interests of the
substantial holder on	22 March 2013
The previous notice was given to the company on	27 July2011
The previous notice was dated	25 July2011
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:

2. Previous and present voting power	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)~~ Ordinaryshares 20,645,000 18.08% 10,645,000 8.88%

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:

				Class and
	Person whose		Consideration
Date of		Nature of		number of	Person’s votes
	relevant interest		given in relation
change		change (6)		securities	affected
	changed		to change (7)
				affected
22 March 2013	Polo Resources Limited and its Associates listed in Annexure A	Disposal of Ordinary Shares	AUD 200,000.00	10,000,000 Ordinary shares	10,000,000

4. Present relevant interests

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

				Person
	Holder of	Registered			Nature of	Class and
				entitled
	relevant	holder of			relevant	number of	Person’s votes
				to be
	interest	securities			interest (6)	securities
				registered
	Polo Resources Limited and its Associates listed in Annexure A	National Bank Australia as Agent for Bank of New York Mellon		Not applicable	Relevant interest under S608(1)	10,645,000 Ordinary shares	10,645,000
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 Not applicable Not applicable
	Name and ACN/ARSN (if applicable)		Nature of association
	Not applicable		Not applicable

6. Addresses

6.	Addresses
The	addresses of persons named in this form are as follows:
	Name	Address
	Polo Australasia Limited Craigmuir Chambers, Road Town, Tortola British Virgin Islands
Signature
	print name Gary Good	capacity	CFO
	sign here	date	22 March 2013
	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.
(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 on 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.

LON1_231188_1 (W2003)