Announcement PDF 604 page 1/2 05 SEP 08 Form 604 Corporations Law Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Hillgrove Resources Limited (HGO) ACN/ARSN 1. Details of substantial holder (1) Name Renaissance Smaller Companies Pty Ltd ACN/ARSN (if applicable) 103 874 102 There was a change in the interests of the substantial holder on 18/06/2015 The previous notice was given to the company on 27/09/2013 The previous notice was dated 26/09/2013 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) FPO Previous notice Person's votes 98,856,120 Voting power (5) 8.39% Present notice Person's votes 10,293,750 Voting power (5) 6.96% *BASED ON ISSUED CAPITAL OF 147,798,623 Shares 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: Date of change Person whose relevant interest changed Nature of change (6) Consideration given in relation to change (7) Class and number of securities affected Person's votes affected 27/09/2013 23/09/2014 Renaissance Smaller Companies Pty Ltd Acquisition of 96,000 units Consideration for acquisition $7,392 Acquisition of 96,000 units Acquisition of 96,000 units Transfer in of 110,047 Transfer in of 110,047 Disposal of 11,352,881 units Disposal of 11,352,881 units 87,709,287 Units 87,709,287 Units Disposal of 669,907 units Disposal of 669,907 units Transfer in of 110,047 Disposal of 11,352,881 units 4. 24/09/2014 Renaissance Smaller Companies Pty Ltd Share Consolidation 1:8 25/09/2014 18/06/2015 Renaissance Smaller Companies Pty Ltd Disposal of 669,907 units Consideration of disposal $1,046,427.52 Consideration for disposal of shares $170,227.23 Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: SYD4_137740_1 (W97) Holder of relevant interest See Schedule 1 Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person's votes 5. 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) Not Applicable Nature of association 6. Addresses The addresses of persons named in this form are as follows: Name Renaissance Smaller Companies Pty Ltd Address Level 11, 95 Pitt St Sydney NSW 2000 Signature print name David Fleming capacity Director date sign here 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 Law. (3) See the definition of 'relevant interest' in sections 608 and 671B(7) of the Corporations Law. (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 Law. (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 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. (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. SYD4_137740_1 (W97) Schedule 1 - Renaissance Smaller Companies Pty Ltd change in substantial holding for Hillgrove Resources Limited (HGO) Details of relevant interests Holder of relevant interest Renaissance Smaller Companies Pty Ltd Nature of relevant interest Power to (or to control) exercise vote and/or dispose of the securities as discretionary investment managers or advisers of superannuation funds, pooled superannuation trusts, managed investment schemes and investment management agreements. Class and number of securities Fully paid ordinary shares 10,293,750 Details of present registered holders Holder of relevant interest Registered holder of securities Persons entitled to be a registered holder Class and number of securities Renaissance Smaller Companies Pty Ltd JP Morgan Nominees Australia Ltd JP Morgan Nominees Australia Ltd 1,261,449 FPO Renaissance Smaller Companies Pty Ltd National Nominees Ltd National Nominees Ltd 3,893,110 FPO Renaissance Smaller Companies Pty Ltd RBC Global Services Australia Pty Ltd RBC Global Services Australia Pty Ltd 1,490,286 FPO Renaissance Smaller Companies Pty Ltd Northern Trust Northern Trust 1,057,473 FPO Renaissance Smaller Companies Pty Ltd State Street Australia Limited State Street Australia Limited 2,591,432 FPO