603 GUIDE page 1/1 13 March 2000 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Company Name/Scheme Westgold Resources Limited ACN/ARSN 009 260 306 1. Details of substantial holder (1) Name Van Eck Associates Corporation (and its associates as referred to in paragraph 6). ACN/ARSN (if applicable) N/A The holder became a substantial holder on 2. 15/03/2024 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 Ordinary shares 3. 48,359,115 Person’s votes (5) 48,359,115 Voting power (6) 10.21% Details of relevant interests The nature of the relevant interest 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 Van Eck (VEAC) 4. Associates Nature of relevant interest (7) Corporation Class and number of securities VEAC holds its relevant interest by having the power to exercise, control the exercise Ordinary shares of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates in the ordinary 48,359,115 course of investment management business. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holder of relevant interest VEAC VEAC Class and number of securities Ordinary shares 427,004 State Street Bank and Trust Company as custodian for VanEck Gold Miners ETF VanEck Gold Miners ETF (GDX) State Street Bank and Trust Company as custodian for VanEck Junior Gold Miners ETF VanEck Junior Gold Miners ETF (GDXJ) VEAC State Street Australia Limited as custodian for VanEck Australian Small Companies Master ETF VanEck Australia Small Companies Master ETF (MVSAU) Ordinary shares 281,612 VEAC State Street Custodial Services (Ireland) Limited as custodian for VanEck Gold Miners UCITS ETF VanEck Gold Miners UCITS ETF (UCTGDX) Ordinary shares State Street Custodial Services (Ireland) Limited as custodian for VanEck Junior Gold Miners UCITS ETF VanEck Junior Gold Miners UCITS ETF (UCTGDXJ) VEAC VEAC ME_219138630_1 Registered holder of Person entitled to be securities registered as holder (8) Bank of New York ESB Pension Fund Mellon as custodian for ESB Pension GDX (ESBGDX) Fund GDX Ordinary shares 27,102,639 Ordinary shares 17,155,148 1,743,084 Ordinary shares 1,649,628 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 VEAC 6. See Annexure A Consideration (9) Cash Class and number of securities Non-cash 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) 7. Nature of association VEAC Associate under section 12(2) of the Corporations Act. Van Eck Securities Corporation Associate under section 12(2) of the Corporations Act. Van Eck Absolute Return Advisers, Inc. Associate under section 12(2) of the Corporations Act. VanEck Australia Pty Ltd Associate under section 12(2) of the Corporations Act. VanEck Investments Limited Associate under section 12(2) of the Corporations Act. VanEck Asset Management B.V. Associate under section 12(2) of the Corporations Act. Addresses The addresses of persons named in this form are as follows: Name Address VEAC 666 Third Avenue, New York, NY 10017 Van Eck Securities Corporation 666 Third Avenue, New York, NY 10017 Van Eck Absolute Return Advisers, Inc. 666 Third Avenue, New York, NY 10017 VanEck Australia Pty Ltd Level 4 Aurora Place, 88 Phillip Street, Sydney NSW 2000 VanEck Investments Limited Level 4 Aurora Place, 88 Phillip Street, Sydney NSW 2000 VanEck Asset Management B.V. Barbara Strozzilaan 310, 1083 HN Amsterdam, Netherlands Signature print name Ashley Sousa sign here capacity Manager date 19/03/24 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 the 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: ME_219138630_1 (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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, moneys 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. ME_219138630_1 This is Annexure A of 1 page referred to in Form 603 - Notice of initial substantial holder. Holder of relevant interest Date of Acquisition B/S GDX 03/15/2024 B GDXJ 06/20/2022 S GDXJ 06/22/2022 B GDXJ 06/23/2022 B GDXJ 06/28/2022 B GDXJ 06/29/2022 B GDXJ 07/06/2022 B GDXJ 07/11/2022 S GDXJ 07/13/2022 B GDXJ 07/14/2022 B GDXJ 07/15/2022 B GDXJ 07/18/2022 B GDXJ 07/19/2022 B GDXJ 07/21/2022 B GDXJ 07/22/2022 B GDXJ 07/25/2022 B GDXJ 07/27/2022 B GDXJ 07/28/2022 B GDXJ 08/11/2022 S GDXJ 08/12/2022 S GDXJ 08/18/2022 S GDXJ 08/19/2022 S GDXJ 08/23/2022 S GDXJ 08/25/2022 S GDXJ 08/29/2022 S GDXJ 09/06/2022 S GDXJ 09/09/2022 S GDXJ 09/12/2022 S GDXJ 09/14/2022 S GDXJ 09/15/2022 S GDXJ 09/16/2022 S GDXJ 09/16/2022 B GDXJ 09/28/2022 S GDXJ 10/04/2022 S GDXJ 10/14/2022 S GDXJ 10/17/2022 S GDXJ 10/24/2022 B GDXJ 10/27/2022 B GDXJ 10/28/2022 S GDXJ 10/31/2022 S GDXJ 11/04/2022 S GDXJ 11/07/2022 B GDXJ 11/09/2022 B Page Consideration Consideration Cash Non-Cash Number of Securities 62,922,137.17 27,102,639 38,377.25 29,847 In-Kind 51,280 In-Kind 122,398 In-Kind 25,732 In-Kind 96,495 In-Kind 70,807 In-Kind 45,052 In-Kind 77,292 In-Kind 64,400 In-Kind 45,087 In-Kind 64,410 In-Kind 64,400 In-Kind 64,400 In-Kind 64,400 In-Kind 32,200 In-Kind 90,146 In-Kind 70,829 In-Kind 57,933 In-Kind 32,190 In-Kind 64,410 In-Kind 64,410 In-Kind 57,987 In-Kind 83,954 In-Kind 45,213 In-Kind 38,832 In-Kind 25,880 In-Kind 71,159 In-Kind 64,710 In-Kind 51,768 In-Kind 110,041 490,575.83 613,481 In-Kind 60,624 In-Kind 47,152 In-Kind 13,474 In-Kind 53,904 In-Kind 40,416 In-Kind 134,720 In-Kind 40,416 In-Kind 13,472 In-Kind 87,412 In-Kind 100,845 In-Kind 67,220 1 of 5 This is Annexure A of 4 pages referred to in Form 603 - Notice of initial substantial holder. Holder of relevant interest Date of Acquisition B/S GDXJ 11/10/2022 B GDXJ 11/11/2022 B GDXJ 11/14/2022 B GDXJ 11/16/2022 S GDXJ 11/21/2022 S GDXJ 11/25/2022 B GDXJ 11/30/2022 S GDXJ 12/01/2022 B GDXJ 12/05/2022 S GDXJ 12/12/2022 S GDXJ 12/13/2022 B GDXJ 12/16/2022 B GDXJ 12/16/2022 B GDXJ 12/19/2022 S GDXJ 01/06/2023 B GDXJ 01/18/2023 B GDXJ 01/31/2023 B GDXJ 02/02/2023 S GDXJ 02/03/2023 S GDXJ 02/14/2023 S GDXJ 02/21/2023 S GDXJ 02/22/2023 S GDXJ 02/23/2023 S GDXJ 02/28/2023 B GDXJ 03/01/2023 B GDXJ 03/02/2023 B GDXJ 03/03/2023 S GDXJ 03/06/2023 S GDXJ 03/07/2023 S GDXJ 03/08/2023 S GDXJ 03/13/2023 S GDXJ 03/17/2023 B GDXJ 03/23/2023 B GDXJ 03/24/2023 B GDXJ 03/28/2023 B GDXJ 03/29/2023 B GDXJ 03/30/2023 B GDXJ 03/30/2023 B GDXJ 03/31/2023 B GDXJ 03/31/2023 B GDXJ 04/03/2023 B GDXJ 04/11/2023 B GDXJ 04/12/2023 S Page Consideration Cash Consideration Non-Cash Number of Securities In-Kind 40,332 In-Kind 80,652 In-Kind 80,580 In-Kind 33,560 In-Kind 47,005 In-Kind 67,160 53,843.03 71,841 In-Kind 66,680 In-Kind 46,956 In-Kind 46,683 In-Kind 20,010 In-Kind 106,736 989,468.14 1,373,300 In-Kind 73,880 In-Kind 36,705 In-Kind 14,678 In-Kind 14,670 In-Kind 73,360 In-Kind 29,344 In-Kind 102,690 In-Kind 7,335 In-Kind 14,668 In-Kind 22,002 In-Kind 29,352 In-Kind 146,700 In-Kind 73,350 In-Kind 7,336 In-Kind 36,685 In-Kind 44,022 In-Kind 22,026 In-Kind 58,752 1,592,802.59 1,440,442 In-Kind 80,390 In-Kind 96,468 98,683.44 82,925 In-Kind 144,684 In-Kind 96,456 169,452.29 132,292 66,090.25 50,531 In-Kind 99,372 299,018.07 229,853 In-Kind 8,279 In-Kind 57,953 2 of 5 Type text here This is Annexure A of 4 pages referred to in Form 603 - Notice of initial substantial holder. Holder of relevant interest Date of Acquisition B/S GDXJ 04/13/2023 B GDXJ 04/17/2023 B GDXJ 04/26/2023 B GDXJ 05/08/2023 S GDXJ 05/15/2023 B GDXJ 05/18/2023 S GDXJ 05/24/2023 S GDXJ 06/02/2023 B GDXJ 06/08/2023 S GDXJ 06/16/2023 S GDXJ 06/27/2023 B GDXJ 07/06/2023 S GDXJ 07/14/2023 B GDXJ 07/19/2023 B GDXJ 07/28/2023 B GDXJ 08/04/2023 S GDXJ 08/11/2023 S GDXJ 08/15/2023 B GDXJ 08/22/2023 B GDXJ 08/23/2023 B GDXJ 08/24/2023 B GDXJ 08/25/2023 B GDXJ 08/29/2023 B GDXJ 08/30/2023 B GDXJ 09/01/2023 S GDXJ 09/15/2023 S GDXJ 09/29/2023 B GDXJ 10/02/2023 B GDXJ 10/11/2023 S GDXJ 10/18/2023 B GDXJ 10/23/2023 B GDXJ 10/27/2023 S GDXJ 11/01/2023 S GDXJ 11/02/2023 S GDXJ 11/06/2023 B GDXJ 11/07/2023 B GDXJ 11/08/2023 B GDXJ 11/09/2023 B GDXJ 11/17/2023 B GDXJ 11/20/2023 S GDXJ 11/22/2023 B GDXJ 11/24/2023 B GDXJ 11/27/2023 B Page Consideration Cash Consideration Non-Cash Number of Securities In-Kind 74,502 In-Kind 49,686 In-Kind 16,566 In-Kind 115,822 In-Kind 41,375 In-Kind 74,475 In-Kind 66,208 In-Kind 24,783 In-Kind 57,827 1,490,832.64 1,054,330 In-Kind 23,346 In-Kind 77,690 In-Kind 93,348 In-Kind 93,360 In-Kind 7,780 In-Kind 15,558 In-Kind 15,556 In-Kind 77,790 In-Kind 31,128 In-Kind 62,256 In-Kind 77,850 In-Kind 93,420 In-Kind 93,420 In-Kind 62,272 In-Kind 15,588 3,430,825.03 1,912,662 In-Kind 41,490 In-Kind 75,966 In-Kind 13,806 In-Kind 69,040 In-Kind 69,030 In-Kind 13,806 In-Kind 13,780 In-Kind 6,890 In-Kind 103,365 In-Kind 6,890 In-Kind 20,670 In-Kind 6,890 In-Kind 34,455 In-Kind 13,786 In-Kind 110,288 In-Kind 34,460 In-Kind 62,037 3 of 5 This is Annexure A of 4 pages referred to in Form 603 - Notice of initial substantial holder. Holder of relevant interest Date of Acquisition B/S GDXJ 11/28/2023 B GDXJ 11/29/2023 B GDXJ 12/05/2023 S GDXJ 12/14/2023 B GDXJ 12/15/2023 B GDXJ 12/18/2023 S GDXJ 12/19/2023 B GDXJ 12/20/2023 B GDXJ 01/02/2024 S GDXJ 01/03/2024 S GDXJ 01/05/2024 S GDXJ 01/10/2024 S GDXJ 01/11/2024 S GDXJ 01/12/2024 S GDXJ 01/16/2024 S GDXJ 01/17/2024 S GDXJ 01/19/2024 S GDXJ 01/23/2024 S GDXJ 01/24/2024 B GDXJ 01/26/2024 S GDXJ 02/05/2024 S GDXJ 02/14/2024 B GDXJ 02/26/2024 B GDXJ 03/04/2024 B GDXJ 03/05/2024 B GDXJ 03/06/2024 B GDXJ 03/11/2024 S GDXJ 03/13/2024 B GDXJ 03/14/2024 B GDXJ 03/15/2024 S UCTGDX 03/15/2024 B UCTGDXJ 08/12/2022 B UCTGDXJ 09/16/2022 B UCTGDXJ 10/24/2022 B UCTGDXJ 11/10/2022 B UCTGDXJ 11/16/2022 B UCTGDXJ 12/13/2022 S UCTGDXJ 12/16/2022 B UCTGDXJ 01/06/2023 S UCTGDXJ 01/09/2023 B UCTGDXJ 01/17/2023 S UCTGDXJ 01/18/2023 S UCTGDXJ 01/31/2023 S Page Consideration Cash Consideration Non-Cash Number of Securities In-Kind 34,460 In-Kind 75,812 In-Kind 13,790 In-Kind 6,898 4,798,192.31 2,159,836 In-Kind 7,902 In-Kind 15,686 In-Kind 78,430 In-Kind 7,838 In-Kind 15,678 In-Kind 15,676 In-Kind 31,352 In-Kind 7,838 In-Kind 7,838 In-Kind 94,056 In-Kind 94,044 In-Kind 94,044 In-Kind 70,533 In-Kind 15,672 In-Kind 7,836 In-Kind 31,344 In-Kind 15,670 In-Kind 156,780 In-Kind 47,028 In-Kind 235,110 In-Kind 125,424 In-Kind 23,538 In-Kind 117,690 In-Kind 78,460 2,943,282.66 1,269,545 4,044,359.28 1,743,084 17,659.91 13,959 50,654.51 63,710 19,776.92 25,191 39,066.30 45,687 28,715.87 33,780 17,714.31 23,465 120,793.52 167,752 28,971.22 28,406 20,856.02 19,399 23,140.06 19,418 15,490.83 13,185 14,646.58 12,056 4 of 5 This is Annexure A of 1 page referred to in Form 603 - Notice of initial substantial holder. Holder of relevant Consideration Consideration interest Date of Acquisition B/S Cash Non-Cash Number of Securities UCTGDXJ 02/06/2023 S 14,635.43 12,953 UCTGDXJ 03/01/2023 B 24,236.05 24,855 UCTGDXJ 03/06/2023 B 18,319.46 18,982 UCTGDXJ 03/17/2023 B 176,995.61 160,161 UCTGDXJ 03/31/2023 B 73,126.68 56,013 UCTGDXJ 04/18/2023 S 62,559.88 42,562 UCTGDXJ 04/26/2023 S 22,267.31 14,946 UCTGDXJ 05/15/2023 S 25,792.77 16,378 UCTGDXJ 06/16/2023 S 154,187.04 108,977 UCTGDXJ 07/28/2023 S 74,923.67 46,397 UCTGDXJ 08/15/2023 S 96,581.28 68,748 UCTGDXJ 08/24/2023 S 107,878.83 73,897 UCTGDXJ 09/15/2023 S 310,161.14 172,809 UCTGDXJ 11/13/2023 B 24,052.41 12,025 UCTGDXJ 11/22/2023 B 37,220.35 17,807 UCTGDXJ 11/24/2023 B 23,920.20 12,019 UCTGDXJ 11/28/2023 B 49,429.90 23,762 UCTGDXJ 12/15/2023 B 461,082.38 207,674 UCTGDXJ 01/10/2024 B 24,919.59 12,778 UCTGDXJ 02/29/2024 B 33,972.16 17,331 UCTGDXJ 03/06/2024 B 31,886.80 13,453 UCTGDXJ 03/07/2024 B 34,313.05 13,947 UCTGDXJ 03/08/2024 B 169,281.89 68,252 UCTGDXJ 03/11/2024 B 52,367.96 21,114 UCTGDXJ 03/15/2024 S 278,397.68 120,011 MVSAU 03/15/2024 B 653,375.78 281,612 GDXAU 03/15/2024 B 1,469,631.84 633,462 ESBGDX 03/15/2024 B 990,847.41 427,004 In-Kind transactions result from receiving a basket of securities (including WESTGOLD RESOURCES LTD) in exchange for securities. 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