Greenvale Energy : Notice of Initial Substantial Shareholder

603	page 1/2	15 July 2001

	Form 603
	Corporations Act 2001
	Section 671B
	Notice of initial substantial holder
ToCompany Name/Scheme	GREENVALE ENERGY LIMITED
ACN/ARSN	000 743 555

1. Details of substantial holder (1)

Name	Biddle Partners Pty Ltd and Neil Biddle
ACN/ARSN (if applicable)	ACN 009 248 346
The holder became a substantial holder on	29 July 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)
Fully Paid Ordinary	26,804,975	26,804,975	11.68%

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
Biddle Partners Pty Ltd	Registered Owner	26,804,975
Neil Biddle	Director and Shareholder of	26,804,975
Biddle Partners Pty Ltd

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	Person entitled to be	Class and number
interest	securities	registered as holder (8)	of securities
Biddle Partners Pty Ltd	Biddle Partners Pty Ltd	Biddle Partners Pty Ltd	Fully Paid 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	Date of acquisition	Consideration (9)	Class and number
interest	of securities
		Cash		Non-cash
Biddle Partners Pty Ltd	19 June 2020	Non Cash Sale of shareholding	1,610,526 Fully Paid
in Knox Resources		Ordinary Shares
Biddle Partners Pty Ltd	19 June 2020	$19,152.23 (Placement)	1,008,012 Fully Paid
Ordinary Shares
		$409,790.08 (Taken up	24,186,437 Fully Paid
Biddle Partners Pty Ltd	29 June 2020	pursuant to the Entitlement
Ordinary Shares)
		Offer)

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

7. Addresses

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

Name	Address
Biddle Partners Pty Ltd	PO Box 216 North Fremantle WA 6159
Neil Biddle	PO Box 216 North Fremantle WA 6159

Signature

print name	Neil	Biddle	capacity	Director
			Date	8 August 2020
sign here

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.
5. 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.
6. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
7. Include details of:
8. 1. 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
   2. 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).

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

1. 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.'"
2. Details of the consideration must include any and all benefits, moneys 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.