Change in substantial holding
604 GUIDE
page 1/1 13 March 2000
Form 604
Corporations Act 2001
Section 671B
Notice of change of interests of 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 referred to in paragraph 6).
ACN/ARSN (if applicable)
N/A
There was a change in the interests of the
substantial holder on
21/06/2024
The previous notice was given to the company on
20/03/2024
The previous notice was dated
19/03/2024
2.
Previous and present 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 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)
Ordinary shares
3.
Previous notice
Person’s votes
48,359,115
Present notice
Voting power (5)
10.21%
Person’s votes
40,258,535
Voting power (5)
8.50%
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:
Class and
Person whose
Consideration
number of
Person’s votes
Date of
Nature of
relevant interest
given in relation
securities
affected
change
change (6)
changed
to change (7)
affected
Van Eck Associates
See Annexure A
Corporation (VEAC)
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
interest
VEAC
Registered
holder of
securities
Bank of New York
Mellon as custodian
for ESB Pension Fund
GDX
ME_222098438_1
Person entitled
to be registered
as holder (8)
ESB Pension Fund
GDX (ESBGDX)
Nature of
relevant
interest (6)
VEAC holds its relevant
interest by having the
power 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 in the
ordinary course of
investment management
business.
Class and
number of
securities
Ordinary shares
281,769
Person’s votes
0.06%
VEAC
State Street Bank and VanEck Vectors Gold Same as above.
Miners ETF (GDX)
Trust Company as
custodian for VanEck
Vectors Gold Miners
ETF
Ordinary shares
State Street Australia VanEck Gold Miners Same as above.
Limited as custodian ETF (GDXAU)
for VanEck Gold
Miners ETF (AU)
Ordinary shares
VEAC
State Street Bank and VanEck Vectors
Trust Company as
Junior Gold Miners
custodian for VanEck ETF (GDXJ)
Vectors Junior Gold
Miners ETF
Same as above.
Ordinary shares
14,708,861
3.11%
VEAC
State Street Australia VanEck Small
Limited as custodian Companies Masters
for VanEck Small
ETF (MVS.AU)
Companies Masters
ETF
Same as above.
Ordinary shares
0.05%
VEAC
5.
4.58%
21,702,588
0.13%
636,387
230,413
VEAC
State Street Custodial VanEck Vectors Gold Same as above.
Services (Ireland)
Miners UCITS ETF
Limited as custodian (UCTGDX)
for VanEck Vectors
Gold Miners UCITS
ETF
Ordinary shares
1,437,655
0.30%
VEAC
State Street Custodial VanEck Vectors
Services (Ireland)
Junior Gold Miners
Limited as custodian UCITS ETF
for VanEck Vectors
(UCTGDXJ)
Junior Gold Miners
UCITS ETF
Ordinary shares
1,260,862
0.27%
Same as above.
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)
6.
Nature of association
Addresses
The addresses of persons named in this form are as follows:
Name
Signature
ME_222098438_1
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 47 Suite 2, 25 Martin Place, Sydney NSW 2000
VanEck Investments Limited
Level 47 Suite 2, 25 Martin Place, Sydney NSW 2000
VanEck Asset Management B.V.
Barbara Strozzilaan 310, 1083 HN Amsterdam, Netherlands
print name
Ashley Sousa
sign here
capacity
Manager
date
25/06/2024
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:
(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.
(7)
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 on 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.
(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)
Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.
ME_222098438_1
This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.
Holder of relevant
interest
Date of Acquisition B/S
GDX
03/20/2024 S
GDX
03/21/2024 B
GDX
03/22/2024 S
GDX
03/26/2024 B
GDX
04/02/2024 B
GDX
04/02/2024 B
GDX
04/05/2024 S
GDX
04/08/2024 S
GDX
04/10/2024 S
GDX
04/11/2024 S
GDX
04/12/2024 S
GDX
04/15/2024 S
GDX
04/16/2024 S
GDX
04/17/2024 S
GDX
04/18/2024 S
GDX
04/19/2024 S
GDX
04/22/2024 S
GDX
04/24/2024 S
GDX
04/25/2024 S
GDX
04/26/2024 S
GDX
04/29/2024 S
GDX
04/30/2024 S
GDX
05/01/2024 S
GDX
05/02/2024 S
GDX
05/03/2024 S
GDX
05/06/2024 S
GDX
05/10/2024 B
GDX
05/16/2024 B
GDX
05/20/2024 B
GDX
05/22/2024 S
GDX
05/23/2024 B
GDX
05/24/2024 S
GDX
05/29/2024 S
GDX
05/31/2024 S
GDX
06/04/2024 B
GDX
06/05/2024 B
GDX
06/06/2024 B
GDX
06/07/2024 B
GDX
06/10/2024 S
GDX
06/11/2024 S
GDX
06/21/2024 B
GDX
06/21/2024 S
GDXJ
03/19/2024 B
Page
Consideration
Cash
Consideration
Non-Cash
Number of Securities
In-Kind
19,110
In-Kind
44,590
In-Kind
22,288
In-Kind
70,048
In-Kind
12,736
132,390.58
47,761
In-Kind
136,912
In-Kind
98,704
In-Kind
378,896
In-Kind
101,888
In-Kind
156,016
In-Kind
44,576
In-Kind
162,384
In-Kind
70,048
In-Kind
15,925
In-Kind
12,736
In-Kind
423,472
In-Kind
127,360
In-Kind
15,920
In-Kind
35,024
In-Kind
108,256
In-Kind
203,776
In-Kind
168,752
In-Kind
38,208
In-Kind
120,992
In-Kind
60,496
In-Kind
28,647
In-Kind
19,098
In-Kind
19,098
In-Kind
127,400
In-Kind
25,480
In-Kind
6,370
In-Kind
44,590
In-Kind
92,394
In-Kind
51,008
In-Kind
63,820
In-Kind
25,528
In-Kind
47,850
In-Kind
31,910
In-Kind
35,101
In-Kind
102,112
7,864,231.60
3,098,323
In-Kind
14,634
1 of 3
This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.
Holder of relevant
interest
Date of Acquisition B/S
GDXJ
03/21/2024 B
GDXJ
03/22/2024 S
GDXJ
03/27/2024 B
GDXJ
04/04/2024 S
GDXJ
04/09/2024 S
GDXJ
04/10/2024 S
GDXJ
04/15/2024 S
GDXJ
04/16/2024 B
GDXJ
04/18/2024 S
GDXJ
04/19/2024 S
GDXJ
04/22/2024 S
GDXJ
04/23/2024 S
GDXJ
04/25/2024 S
GDXJ
05/03/2024 S
GDXJ
05/06/2024 S
GDXJ
05/17/2024 S
GDXJ
05/17/2024 B
GDXJ
05/23/2024 S
GDXJ
05/24/2024 S
GDXJ
06/04/2024 B
GDXJ
06/05/2024 B
GDXJ
06/06/2024 B
GDXJ
06/10/2024 S
GDXJ
06/12/2024 B
GDXJ
06/21/2024 S
UCTGDX
03/22/2024 B
UCTGDX
03/27/2024 B
UCTGDX
03/28/2024 B
UCTGDX
04/03/2024 B
UCTGDX
04/11/2024 S
UCTGDX
04/16/2024 S
UCTGDX
04/26/2024 S
UCTGDX
05/07/2024 S
UCTGDX
05/10/2024 B
UCTGDX
05/22/2024 S
UCTGDX
05/23/2024 S
UCTGDX
06/21/2024 S
UCTGDXJ
03/27/2024 B
UCTGDXJ
04/08/2024 B
UCTGDXJ
04/12/2024 S
UCTGDXJ
04/16/2024 S
UCTGDXJ
04/17/2024 S
UCTGDXJ
04/18/2024 S
Page
Consideration
Cash
Consideration
Non-Cash
Number of Securities
In-Kind
131,706
In-Kind
14,634
In-Kind
21,948
In-Kind
21,945
In-Kind
14,628
In-Kind
29,256
In-Kind
29,268
In-Kind
21,951
In-Kind
14,636
In-Kind
21,954
In-Kind
14,636
In-Kind
21,954
In-Kind
14,636
In-Kind
73,170
In-Kind
65,862
In-Kind
14,668
121,717.98
56,052
In-Kind
73,350
In-Kind
14,670
In-Kind
14,658
In-Kind
14,658
In-Kind
14,660
In-Kind
14,662
In-Kind
14,662
5,831,024.40
2,297,287
94,704.17
39,132
36,836.11
14,559
66,506.79
25,383
25,833.85
10,946
32,571.47
15,511
29,278.84
13,943
48,173.80
21,223
46,685.93
21,223
15,654.79
7,051
114,405.17
49,531
163,632.84
74,386
524,922.32
206,683
34,406.38
13,598
29,703.65
13,084
91,093.65
42,973
41,076.09
19,562
138,967.64
63,753
88,826.79
38,457
2 of 3
This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.
Holder of relevant
Consideration Consideration
interest
Date of Acquisition B/S
Cash
Non-Cash
Number of Securities
UCTGDXJ
04/19/2024 S
90,041.21
38,483
UCTGDXJ
04/22/2024 S
43,866.11
19,498
UCTGDXJ
05/10/2024 S
19,818.18
8,928
UCTGDXJ
05/17/2024 B
42,468.98
19,569
UCTGDXJ
05/30/2024 B
55,333.03
24,590
UCTGDXJ
06/07/2024 S
50,074.79
20,780
UCTGDXJ
06/12/2024 S
31,008.34
13,367
UCTGDXJ
06/21/2024 S
492,218.01
193,806
MVSAU
03/26/2024 B
1,732.59
710
MVSAU
05/31/2024 S
1,545.39
669
MVSAU
06/21/2024 S
130,142.44
51,240
GDXAU
03/26/2024 S
4,713.56
1,932
GDXAU
04/10/2024 B
8,117.31
3,865
GDXAU
04/12/2024 B
8,196.82
3,866
GDXAU
05/09/2024 S
8,386.13
3,865
GDXAU
05/28/2024 S
4,155.49
1,933
GDXAU
05/30/2024 B
2,225.47
989
GDXAU
06/03/2024 B
4,528.35
1,935
GDXAU
06/21/2024 S
204,037.14
80,334
ESBGDX
04/24/2024 S
113,606.92
52,851
ESBGDX
06/14/2024 S
121,414.72
52,571
ESBGDX
06/21/2024 S
101,104.79
39,813
In-Kind transactions result from receiving a basket of securities (including WESTGOLD
RESOURCES LTD) in exchange for securities.
Page
3 of 3
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