Cape Lambert Resources : Becoming a substantial holder

603 GUIDE page 1/2 09th October 2020

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To:Company Name/Scheme		CAPE LAMBERT RESOURCES LIMITED
ACN/ARSN		71 095 047 920
1. Details of substantial holder (1)
Name		Mr Jason Peterson
ACN/ARSN (if applicable)		n/a
The holder became a substantial holder on		07	/	10	/	2020

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)
Ordinary fully paid (O.F.P.)	117,647,059	117,647,059	5.65%

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
	Sunset Capital Management Pty Ltd		Sunset Capital Management Pty Ltd		117,647,059
4. Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3 above are as follows:
	Holders of relevant	Registered holder of	Person entitled to be		Class and
	interest	Securities		registered as a holder (8)		number
								of securities
	Sunset Capital Management Pty Ltd	Sunset Capital Management Pty Ltd	Sunset Capital Management Pty Ltd		117,647,059

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four month s 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
		Cash	Non-cash
Sunset Capital Management Pty Ltd	09/09/2020	$200,000.00		117,647,059

6. Associates

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

Name and ACN/ARSN (if applicable)	Nature of association
Sunset Capital Management Pty Ltd	Trustee

603 GUIDE page 2/2 09th October 2020

7. Addresses

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

Name	Address
Sunset Capital Management Pty Ltd	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831

Signature

print name Mr Jason Peterson	capacity	Trustee
sign here	date	09	/	10	/	2020