IODM LIMITED — Major Shareholding Notification 2015

Jan 28, 2015

603 page 1/2

Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder

To:Company Name/Scheme	Paradigm Metals Limited	Paradigm Metals Limited	Paradigm Metals Limited	Paradigm Metals Limited	Paradigm Metals Limited
ACN/ARSN	28 102 747 133
1. Details of substantial holder (1)
Name	Mr Jason	Peterson
ACN/ARSN (if applicable)	n/a
The holder became a substantial holder on	28		/	Jan		/	2015
2. Details of 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 on the date the substantial holder became a					substantial holder are as follows:
Class of securities(4)			Number of securities					Person’s votes(5)						**Voting **		power(6)
Ordinaryfully paid				87,874,811				87,874,811							11.15%
3. Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as
follows:
Holder of relevant	interest						Nature	of relevant	interest (7)					Class and number of securities
Mr J Peterson & Mrs L Peterson					Mr J Peterson & Mrs L Peterson									52,874,811
Professional Payment Services P/L					Professional Payment Services P/L									35,000,000
4. Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3							above are as follows:
Holders of relevant			Registered holder of							Person entitled to			be			Class and
interest			Securities							registered as		a holder (8)				number
																of securities
Mr J Peterson & Mrs L Peterson A/C>			Mr J Peterson & Mrs L Peterson A/C>							Mr J Peterson & Mrs L Peterson Peterson S/F A/C>						52,874,811
Professional Payment Services P/L			Professional Payment Services P/L							Professional Payment Services P/L						35,000,000
5. Consideration
The consideration paid for each relevant interest referred to in paragraph 3 above, and								acquired in	the four months			prior	to	the day that		the substantial holder became
a substantial holder is as follows:
Holder of relevant interest						Date of acquisition				Consideration (9)					Class and number of securities
										Cash		Non-cash
Mr J Peterson & Mrs L Peterson							06/12/2012			$109,368.28					13,671,035
Mr J Peterson & Mrs L Peterson							Various Purchases			$40,344.32					11,150,000
Mr J Peterson & Mrs L Peterson							Various Sales			(40,318.98)					(10,053,654)
Mr J Peterson & Mrs L Peterson							28/01/2015			$76,214.86					38,107,430
Professional Payment Services P/L							28/01/2015			$70,000.00					35,000,000
6. Associates

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The reasons the person named in paragraph 3 above and associates of the substantial holder are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
Mr J Peterson & Mrs L Peterson	Trustee
Professional Payment Services P/L	Director

7. Addresses

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

Name	Address
Mr J Peterson & Mrs L Peterson	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
Professional Payment Services P/L	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831

Signature

print name sign here	Mr Jason Peterson capacity Director
	date 29 / Jan / 2015