WA1 RESOURCES LTD — Major Shareholding Notification 2022

Feb 7, 2022

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	WAl Resources Ltd
ACN/ARSN	______ ______ 646 878 631
	______ _____

1. Details of substantial holder (1)

	Ryecroft Holdings Pty Ltd ACN 640 065 372
Name	(Ryecroft) and Mr Rhys William Bradley & Mr Gary William Bradley
	(Bradley Super Fund)
ACN/ARSN (if applicable)	As above

The holder became a substantial holder on $01/02/2022$

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 (4)	Number of securities	Person's votes (5)	Voting power (6)
Fully Paid Ordinary (Shares) Shares	3,516,666	3,516,666	7.85%

3. Details of relevant interests

$\Gamma$

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)
Ryecroft	Direct - $s608(1)(a)$ Corporations Act	3,416,666 Ordinary
	Bradley Super Fund Direct - s608(1)(a) Corporations Act	100,000 Ordinary
Mr Rhys Bradley	Direct - s608(1)(a) Corporations Act (for the Bradley Super Fund holding) Indirect - $s608(3)$ - deemed relevant interest in the Ryecroft Holding as Mr Rhys Bradley has a voting power of above 20% in Ryecroft	3,516,666 Ordinary

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 Registered holder of interest securities		Person entitled to be registered as holder (8)	Class and number of securities
Rvecroft	Rvecroft	Ryecroft	3,416,666 Ordinary
Bradlev Super Fund	Bradley Super Fund	Bradley Super Fund	100,000 Ordinary
Mr Rhys Bradley	Ryecroft and Bradley Super Fund	Ryecroft and Bradley Super Fund	$13,516,666$ Ordinary

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	$\cdots$ Date of acquisition	Consideration (9)		--------------------------------------- Class and number of securities
Accounting the communication communi- _____ ______	______ _____ _________	Cash ---------------------------------------	______ _ Non-cash _________	______ _____

Ryecroft	08/04/2021	\$40,000.00	$N/A$ 2,000,000 Ordinary
Ryecroft	01/06/2021	\$34,999.98	$N/A$ 583, 333 Ordinary
Ryecroft	10/11/2021	\$39,999.96	$N/A$ 333, 333 Ordinary
Ryecroft	01/02/2022	\$100,000.00	$N/A$ 500,000 Ordinary
Bradley Super Fund	01/02/2022	\$20,000.00	$N/A$ 100,000 Ordinary

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

-N/A	________
N/A	__

7. Addresses

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

Name	Address
Ryecroft	PO BOX 457, Cottesloe WA 6911
Bradley Super Fund	PO BOX 457, Cottesloe WA 6911
Mr Rhys Bradley	PO BOX 457, Cottesloe WA 6911

Signature

print name	Rhys Bradley	Mr knys Bradley on his own behait and on behalf of Rycroft and the capacity Bradley Super Fund
sign here	.	8/2/27 date the company of the company's فالمتواصل والمستور والمسارقة لأسر السبيب وأبيب المتشاف الشائقة

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 7 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.
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an $(5)$ associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ 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
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ 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.

• $(8)$ 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".
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was $(9)$ Details of the consideration must module any and all benefits, modely and other, that any person nom whom a relevant interest was
  acquired has, or may, become entitled to receive in relation to that acquisition. Details mu