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IODM LIMITED Capital/Financing Update 2014

Oct 21, 2014

65131_rns_2014-10-21_508ab51f-0556-4c7b-8389-548e9d520a0b.pdf

Capital/Financing Update

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==> picture [108 x 113] intentionally omitted <==

Sale of Unmarketable Parcels Facility Completed

Paradigm Metals Limited (“the Company”) advises that in accordance with the ASX announcement dated 5 August 2014, the Company has completed the acquisition of its unmarketable parcels.

ABN 28 102 747 133

ASX Release

This process resulted in a total of 27,413,401 shares being transferred to the Company and then the Company’s broker selling these shares at a price of $0.002.

22 October 2014

Level 1/330 Churchill Avenue Subiaco, WA 6008

Ph: +61 8 9200-4482 Fax: +61 8 9200-4469

Contact : Anthony Reilly Managing Director

Sale proceeds will be paid to you in Australian dollars by direct credit. Nonresident holders who do not have an account with an Australian Financial Institution will be paid in Australian dollars by cheque.

Yours sincerely, Anthony Reilly Managing Director

Email: [email protected] Website: www.paradigmmetals.com.au

Email : [email protected]

Website : www.paradigmmetals.com.au

Directors: Anthony Reilly Brian McMaster Nicholas Lindsay

ASX Symbol: PDM

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