Holder of relevant interest

Date of acquisition

Consideration (9)

Class and number of securities

Cash

Non-casn

CHALICE GOLD MINES LIMITED

7 JUNE 2017

$1,000,000

40,000,000 ORDINAR

Holder of relevant interest

Registered holder of securities

Person entitled to be registeredas holder (8)

Class and number ofsecurities

CHALICE GOLD MINES LIMITED

CHALICE GOLD MINES LIMITED

CHALICE GOLD MINES LIMITED

40,000,000 ORDINA

Holder of relevant interest

Natureof relevant interest (7)

Class and number of securities

CHALICE GOLD MINES LIMITED

SHARE PLACEMENT

40 000,000 ORDINARY SHARES

Class of securities (4)

Number of securities

Person's votes (5)

Voting power (6)

ORDINARY SHARES

40,000,000

40,000,000

9.87%

To.. Company Name/Scheme ACN/A RSN

Form 603

Corporations Act 2001

Section 6718

Notice of initial substantial holder

AUSGOLD LIMITED

140 164 496

1. Details of substantial holder (1)

Name CHALICE GOLD MINES LIMITED

ACN/ARSN (if applicable)

116 648 956

The holder became a substantial holder on 08,06,2017

2. Details of voting power

The total number of wtes attached to allthevoting shares in the company or wting interests in the scheme that the substant ial holder or anassociate (2) had a relevant interest (3)inon the date the substantial holder became a substantial holder areas follows:

  1. Details of relevant interests

  2. Details of present registered holders

The nature of the relevant interest the substantial holder or anassociate hadinthe following voting securities on the date the substantial holder became a substantial holder areas follows:

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Y SHARES

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above.and acquiredin the four months prior to the day that the substantial holder became a substantial holderis as follows:

l,SHARES

  1. 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

  2. Addresses

The addresses of persons named inthis form are as follows:

Name

Address

CHALICE GOLD MINES LIMITED

LEVEL 2, 1292 HAY STREET, WEST PERTH,WESTERN AUSTRALIA, 6005

Signature

print name LEANNE STEVENS capacity COMPANY SECRETARY

sign here

date 08 I 06 / 2017

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 couldbe included in anannexure to the form. If the relevant interests of a group of persons are essentially similar. they may be referred to throughout the form asa 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.

  1. See the definition of 'associate' in section 9 of the Corporations Act 2001.

  2. See the definition of'relevant interest' in sections 608 and 6718(7) of the Corporations Act 2001.

  1. The voting shares of a company constitute one class unless divided into separate classes.

  2. 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 interestin.

  3. The person's votes divided by the total votes inthe body corporate or scheme multiplied by 100.

  1. Include details of:

    1. any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(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 powersor disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to whichthe qualificationapplies).

      3. 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 inrelation to that acquisition. Details must be included evenif the benefit is conditional onthe happening or not of a contingency. Details must be included of any benefit paidon behalf of the substantial holder or itsassociate inrelation to the acquisitions. even if they are not paid directly to the person from whom the relevant interest was acquired.

    Chalice Gold Mines Limited published this content on 08 June 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 08 June 2017 06:50:21 UTC.

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