Devex Resources : Change in substantial holding

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme	DEVEX RESOURCES LIMITED
ACN/ARSN	009 799 553
1. Details of substantial holder (1)
Name	Timothy R B Goyder
ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on

The previous notice was given to the company on

The previous notice was dated

2. Previous and present voting power

16/09/2019

08/08/2019

08/08/2019

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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully Paid Ordinary	32,769,157	24.63	34,769,157	26.13
Shares

3. Changes in relevant interests

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 (6)	Consideration given in	Class and number	Person's votes
change	relevant interest		relation to change (7)	of securities	affected
	changed			affected
See
Annexure
A

4. Present relevant interests

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

	Holder of relevant	Registered holder of	Person entitled to be	Nature of relevant	Class and	Person's votes
	interest	securities	registered as holder	interest (6)	number of
			(8)		securities
	Timothy R B	Timothy R B	Timothy R B	Direct	26,915,736
	fully paid	26,915,736
	Goyder	Goyder	Goyder	investment	ordinary
					shares

604 Page 2 of 3 15 July 2001

Plato	Plato	Plato	Indirect	4,259,671	4,259,671
Prospecting	Prospecting	Prospecting	investment	fully paid
Pty Ltd ATF	Pty Ltd ATF	Pty Ltd ATF	Timothy Goyder	ordinary
TRB Goyder	TRB Goyder	TRB Goyder	shares
Superannuation	Superannuation	Superannuation	is the sole
Fund	Fund	Fund	Director and
			Shareholder
			of Plato
			Prospecting
			Pty Ltd and a
			member of the
			TRB Goyder
			Superannuation
			Fund.
Lotaka Pty Ltd	Lotaka Pty Ltd	Lotaka Pty Ltd	Indirect	2,500,000	2,500,000
			Investment
			Timothy Goyder
			is the sole
			Director and
			Shareholder of
			Lotaka Pty Ltd
Linda Sullivan	Linda Sullivan	Linda Sullivan	Indirect	781,250	781,250
interest held	fully paid
			- Linda	ordinary
			Sullivan is	shares
			the wife of
			Timothy
	Equity	Equity	Goyder
		312,500	312,500
	Trustees	Trustees
		fully paid
	Superannuation	Superannuation
		ordinaruy
	Limited <>	Limited <>
		shares
	Super - L	Super - L
	Sullivan>	Sullivan>

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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

6. Addresses

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

	Name	Address
	Timothy R B Goyder,	PO Box 1116 West Perth WA 6872
	Plato Prospecting Pty
	Ltd and Lotaka Pty Ltd
	Linda Sullivan and	C/- PO Box 1116 West Perth WA 6872
	Equity Trustees
	Superannuation Limited

				604 Page 3 of 3 15 July 2001
	Signature
		Timothy R B Goyder		Registered holder & Director,
	print name	capacity	Plato Prospecting Pty Ltd and
				Lotaka Pty Ltd
	sign here		date	16/09/2019

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 6 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 person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
6. Include details of:
7. 1. any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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. 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.
2. 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".
3. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

Appendix A

DevEx Resources Limited

ACN 009 799 553

3. Changes in relevant interests

Date of	Person whose relevant	Nature of	Consideration	Class and number of	Person's
Change	interest changed	change (6)	given in	securities affected	votes
			relation to		affected
			change (7)
		On market		970,332 fully paid ordinary	970,332
11/09/2019	Timothy R B Goyder	purchase	$67,571.01
shares
		On market		765,000 fully paid ordinary
12/09/2019	Timothy R B Goyder	purchase	$58,140.00	765,000
shares
		On market		264,668 fully paid ordinary
13/09/2019	Timothy R B Goyder	purchase	$20,114.77	264,668
shares