23 June 2022

ASX Announcement

Hawthorn Resources Limited

ASX: HAW

Explanation - Form 604 lodged 23 June 2022

ABN 44 009 157 439

Level 2, 90 William Street

Melbourne VIC 3000

Australia

P: +61 3 9605 5950

  1. info@hawthronresources.com
  1. www.hawthornresources.com

Hawthorn Resources Ltd (ASX: HAW) advises that it has received from Feng Hua Mining Investment Co Ltd a revised Form 604 Notice of Change of Interests of Substantial Holder that was originally provided to ASX on 15 September 2020.

Under the heading "Present Notice" at item 2 on the Form 604, the "Person's Votes" the number of shares was incorrectly shown as 64,391,383 and should have been 120,788,101. This change was due to participation in a rights issue offered to all shareholders on 18 September 2017. At that time, Feng Hua's Voting Power did not change as a result of the increase in the number of shares held, so a Form 604 was not required.

Under the heading "Present Notice" at item 2 on the Form 604, the "Voting Power" percentage shown at 37.56% was incorrectly shown and should have been shown as 36.22%. This drop of more than 1% was due to the issue of shares via the Company's Employee Share Plan on 18 October 2018 and 3 July 2020.

The correcting Form 604 notice has been lodged as a separate announcement.

For and on behalf of the Company,

Glenn Fowles

COMPANY SECRETARY

This announcement has been approved for release by the HAW Board of Directors.

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Hawthorn Resources Limited published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 07:44:06 UTC.