VRX SILICA LIMITED — Major Shareholding Notification 2012

Sep 17, 2012

FORM 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: Ventnor Resources Limited ABN: 59 142 014 873

1. Details of substantial holder

Name: Mash Super Pty Ltd ACN (if applicable):

The holder ceased to be a substantial holder on:

24 August 2012

The previous notice was given to the company on: 2 March 2011 The previous notice was dated: 2 March 2011

2. Changes in relevant interests

Particulars of each 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 relevant interest changed	Nature of change	Consideration given in relation to **change **	Class and number of securities affected	Person’s votes affected
24/8/12	Mash Super Pty Ltd Fund A/C>	Dilution by reason of share placements	N/A	2,800,000	Voting power reduced from 6.4% (in previous notice) to 4.62%
24/8/12	Bruce Maluish	Dilution by reason of share placements	N/A	403,000	Voting power reduced from 6.4% (in previous notice) to 4.62%

3. Changes in association

The persons who have become associates of, ceased to be associated of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and A.C.N	Nature of association
N/A

4. Addresses

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

Name	Address
Mash Super Pty Ltd	46 Burt Street, Fremantle WA 6160
Bruce Maluish	46 Burt Street, Fremantle WA 6160

Signature

Print name: Bruce Maluish

Capacity: Director

Sign here: B Maluish (Signed)

Date: 17 September 2012