WINSOME RESOURCES LIMITED — Major Shareholding Notification 2021

Dec 5, 2021

DocuSign Envelope ID: EA7D1E17-7E48-4EDF-8471-0CF80BBB0EAC

603 page 1/2 15 July 2001

Form603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme Winsome Resources Limited

ACN/ARSN ACN: 649 009 889

1. Details of substantial holder (1)

Name Lithium Royalty Corporation ACN/ARSN (if applicable) N/A

The holder became a substantial holder on: 11/16/2021

2. Details of voting power

The total number of votes attached toall the voting shares in the company or voting interests in the scheme that the substaanlthiolder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Classof securities(4) Number of securities Person's votes (5) Votingpower (6) 14,053,050

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 areas follows:

follows:
Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Lithium Royalty Corporation	Shareholder	14,053,050

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)	Class and number of securities
Lithium Royalty Corporation	Lithium Royalty Corporation	Lithium Royalty Corporation	14,053,050

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 isas follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
Lithium RoyaltyCorporation	November 16th, 2021	A~~C~~$~~a~~2~~s~~,8~~h~~10,610	Non-cash	14,053,050

DocuSign Envelope ID: EA7D1E17-7E48-4EDF-8471-0CF80BBB0EAC

603 page 2/2 15 July 2001

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 N/A - Lithium Royalty Corporation is n t an associate of Winsome Resources Ltd

7. Addresses

The addresses of persons named in this formare as follows:

Name Address Lithium Royalty Corporation 1133 Yonge Street, 5th floor, Toronto ON M4T 2Y7

Signature

Mark Wellings Co-Executive Chairman, print name capacity Lithium Royalty Corporation sign here date / / 12/3/2021

DIRECTIONS

• (1) If there area number of substantial holders with similar or related relevant interests (eg. a corporation and its relatedocrporations, 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 agroup of persons are essentially similar, theymay be referred to throughout the formas a specifically named group if themembership of each group, with the names and addresses of members isclearly set out in paragraph 7 of the form.

• (2) See the definition of "associate" in section 9 of theCorporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of theCorporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The total number of votes attached toall the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or schememultiplied by 100.

(7) Includedetailsof:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) appliecso,pay 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 votingwpeors or disposal of the securities to which the relevant interest relates(indicatingclearly theparticular securities towhich thequalificationapplies).

• See the definition of "relevant agreement" in section 9 of theCorporations Act 2001.

• (8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises becauseanofoption) write "unknown".

• (9) Details of the considerationmust include any and all benefits, money and other, that any person from whoma relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Detailsmust be included even if the benefit is conditional on the happening or not of a contingency. Detailsmust be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if thaereynot paid directly to the person from whom the relevant interest was acquired.

DocuSign Envelope ID: EA7D1E17-7E48-4EDF-8471-0CF80BBB0EAC

603 GUIDE page 1/1 13 March 2000

GUIDE This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 603.

Signature

This form must be signed by either a director or a secretary of the substantial holder.

Lodging period

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Lodging period Nil
LodgingFee Nil
Otherformstobe Nil
completed
Additionalinformation
(a) If additional space is required to complete a question, the information may be included on a separate piece
of paper annexed to the form.
(b) This notice must be given to a listed company, or the responsible entity for a listed managed investment
scheme. A copy of this notice must also be given to each relevant securities exchange.
(c) The person must give a copy of this notice:
(i) within 2 business days after they become aware of the information; or
(ii) by 9.30 am on the next trading day of the relevant securities exchange after they become aware of the
information if:
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(A) a takeover bid is made for voting shares in the company or voting interests in the scheme; and
(B) the person becomes aware of the information during the bid period.
To make any annexure conform to the regulations, you must
1 use A4 size paper of white or light pastel colour with a margin of at least 10mm on all sides
2 show the corporation name and ACN or ARBN
3 number the pages consecutively
4 print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when
photocopied
5 identify the annexure with a mark such as A, B, C, etc
6 endorse the annexure with the words:
This is annexure (mark) of (number) pages referred to in form (form number and title)
7 sign and date the annexure
The annexure must be signed by the same person(s) who signed the form.
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Annexures

Informationinthisguideisintendedasaguideonly.Pleaseconsultyouraccountantorsolicitorforfurtheradvice.