GCX Metals : Change in substantial holding from CBA

Fully paid Ordinary shares

Fully paid Ordinary shares

		Form 604
		Corporations Act 2001
		Section 671B
		Notice of change of interests of substantial holder
	To: Company Name/Scheme:	GCX METALS LIMITED
	ACN/ARSN	155 933 010
	1. Details of substantial holder
only	Commonwealth Bank of Australia ACN 123 123 124 (CBA) and its related bodies corporate listed in annexure A
	Name
	There was a change in the interests of the	19/05/2022
	substantial holder on
	The previous notice was given to the company on	20/11/2019
	The previous notice was dated	15/11/2019

2. Previous and present 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 had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme are as follows:

useClass of securities

Class of securities

Class of securities personalFor

GRAND TOTAL

	Previous notice			Present notice
	Person's votes		Voting power (%)	Person's votes		Voting power (%)
0		0.00	0		0.00
	For the Securities (if any) listed below see NOTE 1 at the end of this form
	Previous notice			Present notice
	Person's votes		Voting power (%)	Person's votes		Voting power (%)
68,246,170		10.99	4,737,308		6.61 See note 1 at the end of this
		form
	Previous notice			Present notice
	Person's votes		Voting power (%)	Person's votes		Voting power (%)
	68,246,170		10.99	4,737,308		6.61

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3. Changes in relevant interest

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

	Date of	Person whose	Nature of change	Consideration given in	Class and number	Person's votes
	relevant interest	of securities
	change	relation to change	affected
	changed		affected
onlyusepersonalFor
		Decrease in voting power arising
		from issuance of shares on 19
		May 2022 and transactions set
		out in Annexure B of this notice.

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4.Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

	Holder of	Registered holder	Person entitled	Nature of relevant	Class and number
	relevant	Person's votes
	of securities	to be registered	interest	of securities
	interest
		as holder
				Relevant interest under paragraph
				608(1)(b) and/or 608(1)(c) of the
only				Corporations Act 2001 (Cth), being a
			relevant interest arising from having the
			residual power to control the exercise of
			the right to vote attached to securities
			and/or to control the exercise of the
				power to dispose of securities in its
				capacity as a responsible entity of a
				managed investment scheme (which
				managed investment scheme is not
				managed by either Colonial First State
				Investments Limited or a related body
				corporate). In addition, if any OTC
				derivatives, warrants or other securities
				(other than ordinary shares or ordinary
				units (as applicable)) are referred to
				below in this row, the relevant interest in
	Colonial First State			respect of those securities arises under	4,737,308 Fully paid
			subsection 608(8) being aresidual
	Investments Limited (Note 1)	Citibank N A Hong Kong		accelerated relevant interest held in the	ordinary shares	4,737,308
	ACN 002 348 352			same capacity. Colonial First State
				Investments Limited has authorised the
use				manager of each such managed
			investment scheme toexercise the
			powers referred to in paragraph 608(1)(b)
			and/or 608(1)(c) of the Corporations Act
			2001 (Cth) in relation to those securities
			managed by the manager to the
			exclusion of Colonial First State
			Investments Limited except for provisions
			allowing Colonial First State Investments
			Limited to terminate the agreement with
			the manager or to exercise those powers
			where the agreement is terminated.
			Relevant interest under paragraph
			608(1)(b) and/or 608(1)(c) of the
			Corporations Act 2001 (Cth), being a
personalFor				relevant interest arising from having the
			power to control the exercise of the right
			to vote attached to securities and/or to
			control the exercise of the power to
				dispose of securities in its capacity as a
				responsible entity of a managed
				investment scheme (which managed
	Colonial First State			investment scheme ismanaged by	4,737,308 Fully paid
	Citibank N A Hong Kong		Colonial First Statement Investments	4,737,308
	Investments Limited		Limited or a related body corporate). In	ordinary shares
	ACN 002 348 352
			addition, if any OTC derivatives, warrants
				or other securities (other than ordinary
				shares or ordinary units (as applicable))
				are referred to below in this row, the
				relevant interest in respect of those
				securities arises under subsection608(8)
				being an accelerated relevant interest
				held in the same capacity.

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5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Colonial First State Investments Limited ACN 002 348 352 (CFS)	CFS has ceased to be an indirect wholly-owned subsidiary of CBA, and therefore a related body corporate and
	associate of CBA, following the disposal of a 55% interest in Colonial First State to KKR, as further detailed in CBA's
	ASX announcement dated 13 May 2020.

For personal use only

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6. Addresses

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

Name	Address
Colonial First State Investments Limited ACN 002 348 352	Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

For personal use only

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