Strike Resources : Change of Substantial Shareholder Notice from OEQ/

20201201 OEQ and QUE Change of Substantial Shareholder Notice in SRK.docx

Form 604

Corporations Act

671B

Notice of change in interests of substantial holder

To: Company Name/Scheme: STRIKE RESOURCES LIMITED (ASX:SRK)

ABN 94 088 488 724

1. Details of substantial holders (1)

Name		ACN / ABN
ORION EQUITIES LIMITED	(ASX:OEQ)	ABN 77 000 742 843
QUESTE COMMUNICATIONS LTD	(ASX:QUE)	ABN 58 081 688 164
There was a change in the interests of the substantial holders on:	1 December 20201
The previous notice was given to the company on:	5	June 2020
	The previous notice was dated:	5	June 20202

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)	Previous notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Ordinary Shares	62,553,493	30.199%	62,553,493	25.312%
Based on SRK total issued share capital of (shares)	207,134,2683	247,134,2684

3. 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:

	Person whose			Class and number
	relevant		Consideration given	of securities
Date of	interest		in relation to	affected	Person's votes
change	changed	Nature of change(6)	change(7)	Ordinary shares	affected
25	OEQ and QUE	Dilution of OEQ's voting power in	Not applicable	10,000,000	10,000,000
November		SRK as a consequence of SRK
2020 and		issuing 40 million new fully paid
1		ordinary shares5
December
BEL, OEQ and	Dilution of BEL's voting power in	Not applicable	52,553,493	52,553,493
2020
QUE	SRK as a consequence of SRK
		issuing 40 million new fully paid
		ordinary shares5

1. Refer also BEL ASX Announcement dated 1 December 2020: Change of Substantial Holder Notice for SRK
2. Refer QUE & OEQ ASX Announcement dated 5 June 2020: Change of Substantial Holder Notice for SRK
3. Refer SRK ASX Announcement dated 5 June 2020: ASX Appendix 2A - Application for Quotation of 40M Shares
4. Refer SRK's ASX Announcement dated 1 December 2020: ASX Appendix 2A - Application for Quotation of 40M Shares
5. Refer also SRK's ASX Announcements dated 25 November 2020: Completion of $4 Million Capital Raising and 1 December 2020: ASX Appendix 2A - Application for Quotation of 40M Shares

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20201201 OEQ and QUE Change of Substantial Shareholder Notice in SRK.docx

4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
				Class and
		Person		number of
Holder of	Registered		securities
entitled to be
relevant	holder of	registered as		Ordinary	Person's	Voting
interest	securities	holder(8)	Nature of relevant interest(6)	shares	votes	power(5)
OEQ			OEQ is the legal holder and
		beneficial owner of shares
	OEQ	OEQ	QUE is taken under section	10,000,000	10,000,000	5.983%
QUE	608(3)(b) of the Corporations Act to
		have a relevant interest in securities
			in which OEQ has a relevant interest
			by reason of having control of OEQ
BEL			BEL is the legal holder and
		beneficial owner of shares
			OEQ is taken under section
			608(3)(a) of the Corporations Act to
OEQ			have a relevant interest in securities
		in which BEL has a relevant interest
	BEL	BEL	by reason of having greater than	52,553,493	52,553,493	31.444%
	20% voting power (ie. shareholding)
			in BEL
			QUE is taken under section
QUE			608(3)(b) of the Corporations Act to
		have a relevant interest in securities
			in which OEQ has a relevant interest
			by reason of having control of OEQ
			TOTAL	62,553,493	62,553,493	37.427%

5. Changes in association

The persons who have become associates(2) of, ceased to be associates of, 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	ACN/ARSN (if applicable)	Nature of association
N/A	N/A	N/A

6. Addresses

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

	Name	Address
	Orion Equities Limited ABN 77 000 742 843 (OEQ)	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005
	Queste Communications Ltd ABN 58 081 688 164	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005
	(QUE)
	Bentley Capital Limited ABN 87 008 108 218 (BEL)	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005

Signature

sign here		date	1 December 2020
print name	VICTOR HO	capacity	Director and Company Secretary of OEQ

sign here		date	1 December 2020
print name	VICTOR HO	capacity	Director and Company Secretary of QUE

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20201201 OEQ and QUE Change of Substantial Shareholder Notice in SRK.docx

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.
3. See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.
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:
7. 1. any relevant agreement or other circumstance 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
   2. 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.

1. 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 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.
2. 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".
3. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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