Mantle Mining Corporation Limited

Published : August 08th, 2016

Becoming a Substantial Holder

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Becoming a Substantial Holder

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

Mantle Mining Corporation Limited

ACN/ARSN

170 180 441

  1. Details of substantial holder (1)

    Name

    Ryan Mount

    ACN/ARSN (if applicable)

    The holder became a substantial holder on

    9/05/2016

  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 Shares

    76,033,833

    76,033,833

    7.39%

  3. Details of relevant interests

    The nature of the relevant interest of 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

    Ryan Mount

    Registered Holder

    27,000,000 Ordinary Shares

    Catla Management Inc

    Registered Holder

    49,033,833 Ordinary Shares

  4. Details of present registered holders

    The persons registered as holders of the securities referred to in paragraph 2 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

    Ryan Mount

    Ryan Richard Mount

    Ryan Richard Mount

    27,000,000 Ordinary Shares

    Catla Management Inc

    Catla Management Inc

    Catla Management Inc

    49,033,833 Ordinary Shares

  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 interest

    Date of acquisition

    Consideration (9)

    Class and number of securities

    Cash

    Non-cash

    Ryan Mount

    30/06/2016

    $0.01/share

    0

    27,000,000 Ordinary Shares

    Catla Management Inc

    9/05/2016

    $0.01/share

    0

    45,833,833 Ordinary Shares

    Catla Management Inc

    18/05/2016

    $0.015/share

    0

    402,283 Ordinary Shares

    Catla Management Inc

    9/05/2016

    $0.015/share

    0

    347,717 Ordinary Shares

    Catla Management Inc

    19/05/2016

    $0.018/share

    0

    250,000 Ordingary Shares

    Catla Management Inc

    17/06/2016

    $0.01575/share

    0

    1,200,000 Ordinary Shares

    Catla Management Inc

    06/07/2016

    $0.015/share

    0

    1,000,000 Ordinary Shares

  6. Associates

    The reasons the persons named in paragraph 3 above are associated of the substantial shareholder are as follows:

    Name and ACN/ARSN (if applicable)

    Nature of association

    Catla Management Inc

    Entity Controlled by Ryan Mount

  7. Addresses

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

Name

Address

Mr Ryan Mount

PO Box 739 Honiara, Solomon Islands

Signature

print name

Ryan Mount

sign here

Date 05/08/16

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 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:

(a)

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

(b)

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.

(8)

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".

(9)

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.

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Mantle Mining Corporation Limited

EXPLORATION STAGE
CODE : MNM.AX
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Mantle Mining Corp. is a gold and copper exploration company based in Canada.

Its main exploration property is JEN CLAIM BLOCK in Canada.

Mantle Mining Corp. is listed in Australia and in Germany. Its market capitalisation is AU$ 10.3 millions as of today (US$ 7.9 millions, € 6.7 millions).

Its stock quote reached its highest recent level on January 07, 2011 at AU$ 0.28, and its lowest recent point on June 23, 2017 at AU$ 0.01.

Mantle Mining Corp. has 1 287 389 952 shares outstanding.

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