Corporations Act 2001 Section 671B
Notice of initial substantial holder603 page 1/2 15 July 2001
To Company Name/Scheme General Mining Corporation Limited
ACN/ARSN 125 721 075
Details of substantial holder (1)
Name Galaxy Resources Limited (GXY)
ACN/ARSN (if applicable) ACN 071 976 442
The holder became a substantial holder on 29 / 05 / 2016.
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
Persons' votes (5)
Voting power (6)
Ordinary shares
21,398,217
21,398,217
6.86%
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
Galaxy Resources Limited
Relevant interest under section 608(1)(c) and/or section 608(8) of the Corporations Act, being a relevant interest arising under pre bid acceptance deeds entered into with Wyllie Group Pty Ltd, PPB Capital Pty Ltd, Botsis Super Pty Ltd as trustee for the Phil and Pamela Botsis Superannuation Fund and Botsis Holdings Pty Ltd, as attached to this Notice as Annexure B.
15,398,217 fully paid ordinary shares
Galaxy Resources Limited
Relevant interest under section 608(1)(a) of the Corporations Act, as the holder of the securities
6,000,000 fully paid ordinary shares
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
Galaxy Resources Limited
Wyllie Group Pty Ltd, PPB Capital Pty Ltd, Botsis Super Pty Ltd as trustee for the Phil and Pamela Botsis Superannuation Fund and Botsis Holdings Pty Ltd
Wyllie Group Pty Ltd, PPB Capital Pty Ltd, Botsis Super Pty Ltd as trustee for the Phil and Pamela Botsis Superannuation Fund and Botsis Holdings Pty Ltd
15,398,217 fully paid ordinary shares
Galaxy Resources Limited
Galaxy Resources Limited
Galaxy Resources Limited
6,000,000 fully paid ordinary shares
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
Cash
Non-cash
Galaxy Resources Limited
29/05/2016
Nil - relevant interest acquired through entry into pre bid
Nil - relevant interest acquired through entry into pre bid acceptance deeds
15,398,217 fully paid ordinary shares
acceptance deeds
Galaxy Resources Limited
13/10/15
$50,000
Not applicable
1,000,000 fully paid ordinary shares
Galaxy Resources Limited
14/12/09
$100,000
Vendor consideration for Shoemaker Project
5,000,000 fully paid ordinary shares
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
GXY and each of the entities listed in Annexure A (GXY Group Entity)
Each GXY Group Entity is an associate of GXY pursuant to section 12(2)(a)(ii) of the Corporations Act because each GXY Group Entity is under the control of GXY.
The GXY Group entities are associates of each other pursuant to section 12(2)(a)(ii) of the Corporations Act because each GXY Group Entity is under the control of GXY.
Addresses
The addresses of persons named in this form are as follows:
Name | Address |
Galaxy Resources Limited | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
GXY Group Entities | See Annexure A |
print name
Simon Robertson
capacity Company Secretary
sign heredate 29 / 05 / 2016
DIRECTIONS
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 s 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.
See the definition of "associate" in section 9 of the Corporations Act 2001.
See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
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 associate has a relevant interest in.
The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
Include details of:
any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy 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
any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
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 acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
Galaxy Resources Limited ACN 071 976 442
This is Annexure "A" of 1 page referred to in the Form 603 (Notice of Initial Substantial Holding).
Signed by:
Date:
GXY Group EntitiesSimon Robertson, Company Secretary 29 May 2016
ENTITY | ACN | ADDRESS |
Galaxy Lithium Australia Limited | 130 182 099 | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium Proprietary Limited | 153 254 865 | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Resources International Limited | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium (Canada) Inc. | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium Holdings BV | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium (US) Inc. | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium One (Quebec) Inc. | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium One Inc | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium (Ontario) Inc. | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium (BC) Limited | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium Holdings LLC | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium (Colorado) Inc. | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Lithium (Sal de Vida) S.A. | Not applicable | Suite 8, 18 Kearns Crescent, Ardross, WA 6153 |
Galaxy Resources Limited ACN 071 976 442
This is Annexure "B" of 69 pages referred to in the Form 603 (Notice of Initial Substantial Holding).
Signed by:
Date:
Simon Robertson, Company Secretary 29 May 2016
General Mining Corporation Ltd. published this content on 29 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 May 2016 03:16:07 UTC.
Original documenthttp://www.generalmining.com/pdf/asx_releases/29_05_2016/3 16-05-29 GXY Form 603 lodgement copy.pdf
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