KBL Mining : Ceasing to be a substantial holder

Form 605 Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder

605 Page 1/1 15 July 2001

To Company Name/Scheme	KBL MINING LIMITED
ACN/ARSN	129 954 365

1. Details of substantial holder (1)

   Name	Lanstead Capital L.P.
   ACN/ARSN (if applicable)	LP011908

   The holder ceased to be a substantial holder on	09/08/2016
   The previous notice was given to the company on	02/08/2016
   The previous notice was dated	01/08/2016

2. Changes in relevant interests

   Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
   04/08/2016	-	Issuer 3B	-	-	-
   09/08/2016	-	Issuer 3B	-	-	-
   09/08/2016	Lanstead Capital L.P.	Off market trade - sale	A$0.0051	Ordinary, 5,700,000	0.35%

3. Changes in association

   The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

   Name and ACN/ARSN (if applicable)	Nature of association

4. Addresses

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

Name	Address
ALL ENTITIES	c/o Cooley Services Limited, Dashwood, 69 Old Broad Street, London EC2M 1QS

Signature
print name	LISA DE VARGAS	capacity	COMPANY CONTROLLER
sign here		date	11/8/2016