WA1 RESOURCES LTD — Major Shareholding Notification 2023

Sep 11, 2023

				Form 603
				Corporations Act 2001
				Section 671B
				Notice of initial substantial holder
To Company Name/Scheme				WA1 Resources Ltd(WA1)
ACN/ARSN				646 878 631
1. Details of substantial holder (1)
Name				Regal Funds Management PtyLtd and its associates(see Annexure 1)
ACN/ARSN (if applicable)				-
The holder became a substantial		holder on		8/09/2023
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)			Person's votes (5) Number of securities			Voting power (6)
ORDINARY			3,202,267 3,202,267			*5.69%
*The % substantial is based on the			shares on issue of 56,300,000 as disclosed by the Company on			08-09-2023.
3. Details of relevant interests
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)	Class and number of securities
				REGAL FUNDS MANAGEMENT PTY LIMITED HAS A
REGAL FUNDS MANAGEMENT PTY LIMITED				RELEVANT INTEREST IN ITS CAPACITY AS INVESTMENT		3,202,267 ORDINARY
				MANAGER AND/OR TRUSTEE
REGAL PARTNERS LIMITED				CONTROLLER OF REGAL FUNDS MANAGEMENT PTY LIMITED		3,202,267 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 interest		Registered		holder of securities Person entitled to be registered as holder (8)		Nature of relevant interest (6)	Class and number of securities	Person's votes
					Power to control
Regal Funds Management Pty Ltd and its associates			UBS NOMINEES PTY LTD UBS AG, AUSTRALIA BRANCH		the exercise of a power to dispose		558,514 ORDINARY	558,514
						of securities
					Power to control
Regal Funds Management Pty Ltd and its associates			MERRILL LYNCH (AUS) NOMINEES PTY LTD MERRILL LYNCH INTERNATIONAL LIMITED		the exercise of a power to dispose		2,155,251 ORDINARY	2,155,251
						of securities
					Power to control
Regal Funds Management Pty Ltd and its associates	J.P. MORGAN PRIME NOMINEES LTD J.P MORGAN SECURITIES PLC				the exercise of a power to dispose		488,502 ORDINARY	488,502
						of securities

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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 Consideration (9) Class and number of securities
See Annexure 2
6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
Name and ACN/ARSN (if applicable) Nature of association
100% OWNER OF REGAL FUNDS MANAGEMENT PTY
REGAL PARTNERS LIMITED
LIMITED
7. Addresses
The addresses of persons named in this form are as follows:
Name Address
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
REGAL FUNDS MANAGEMENT PTY LIMITED
NSW 2000
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
REGAL PARTNERS LIMITED
NSW 2000
Signature
print name Kenny Ho capacity Company Secretary
sign here date 12/09/2023
Annexure 1
Details of Substantial Holders
ACN Name
107 576 821 REGAL FUNDS MANAGEMENT PTY LIMITED
129 188 450 REGAL PARTNERS LIMITED
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Annexure 2

Consideration

Annexure 2 Consideration	Annexure 2 Consideration	Annexure 2 Consideration	Annexure 2 Consideration	Annexure 2 Consideration	Annexure 2 Consideration	Annexure 2 Consideration
Date	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Number of securities affected	Class of securities	Persons votes affected
11/05/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	14120.14	4981	Ordinary	4981
12/05/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	10200.00	3400	Ordinary	3400
19/05/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	10000001.00	3636364	Ordinary	3636364
25/07/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	54196.48	8658	Ordinary	8658
26/07/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	274393.93	40830	Ordinary	40830
28/07/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	1233493.86	192133	Ordinary	192133
4/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	135842.15	24248	Ordinary	24248
5/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	52905.82	9689	Ordinary	9689
6/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	190466.64	33646	Ordinary	33646
6/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	46462.31	8645	Ordinary	8645
7/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	76755.57	13401	Ordinary	13401
8/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	17719.76	3183	Ordinary	3183
8/09/2023	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Buy	4717850.00	943570	Ordinary	943570