FORM 605

Corporations Act 2001 Section 671B

NOTICE OF CEASING TO BE A SUBSTANTIAL HOLDER

To: Company Name/Scheme ACN/ARSN

FND - Finders Resources Limited 108 547 413

  1. Details of Substantial Holder(1)

    Name Acorn Capital Limited

    ACN/ARSN (if applicable) 082 694 531

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

    21/07/2017

    The previous notice was given to the company on The previous notice was dated

    17/02/2017

    17/02/2017

  2. 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 Change

    Person whose relevant interest changed

    Nature of change

    Consideration given in relation to change

    Class and number of securities affected

    Person's votes affected

    21/07/2017

    On Market Sales

  3. Changes in Associates

The persons who have become associates (2) of, ceased to be associates, or have change 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)

Name of Association

Print Name PAUL PALUMBO Capacity Portfolio Manager

Sign Here Date

24/07/2017

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