MOD Resources Limited Change in substantial holding (3520O)

TIDMMOD

RNS Number : 3520O

MOD Resources Limited

01 October 2019

1 October 2019

MOD Resources Limited

("MOD" or the "Company")

Form 604 - Notice of change of interests of substantial shareholder.

MOD Resources Ltd, (ASX/LSE: MOD) the copper exploration and development company focused on the central Kalahari Copper Belt in Botswana, advises that Credit Suisse Holdings (Australia) Limited (on behalf of Credit Suisse Group AG and its affiliates) has issued a Form 604 to the Australian Securities Exchange.

The Form 604 titled 'Change in substantial holding' indicates that Credit Suisse Holdings (Australian) Limited holds 18,036,753 common stock or 5.30% of total common stock.

The full PDF version of the Form 604 is available on the Company's website at: https://www.modresources.com.au/announcements

For and on behalf of the Board.

   Julian Hanna                         Mark Clements 
   Managing Director                   Executive Chairman and Company Secretary 
   Jeff Sansom                          Jos Simson / Emily Moss (UK PR & IR) 
   Investor Relations                   Tavistock 
   +61 9322 8233                        +44 207 920 3150 
   IR@modresources.com.au    MOD@tavistock.co.uk

Subscribe at: www.modresources.com.au

About MOD Resources

MOD Resources Ltd (ASX/LSE: MOD) is a dual listed copper exploration and development company with a dominant land position within the Kalahari Copper Belt in Botswana. The Company is focussed on developing the 100% MOD owned T3 Copper Project, which has potential to be a high-margin, low-cost copper mine. In parallel with the progressing towards the development of the T3 Copper Project, MOD has undertaken substantial exploration programs across several priority drill targets and within untested areas of interesting and potentially significant Electromagnetic and Cu-Zn soil anomalies.

MOD and its in-country operating companies Tshukudu Metals Botswana (Pty) Ltd and Tshukudu Exploration (Pty) Ltd have a social licence to operate within Botswana as well as within the host community of Ghanzi. MOD continues to work collaboratively with Government regulators and members of the Ghanzi District community to ensure that any social investments and developments are targeted to create a positive and lasting legacy.

On 25 June 2019, the Company announced Sandfire had made an offer to acquire 100% of MOD shares by way of a Scheme of Arrangement and on 1 October 2019, at a General Meeting, shareholders approved the transaction.

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