PATERSON RESOURCES LTD — Board/Management Information 2016

May 2, 2016

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ASX ANNOUNCEMENT 3[rd] May 2016 FOR IMMEDIATE RELEASE

General Meeting of Shareholders

Elysium Resources Limited (“Elysium” or “Company”) (ASX:EYM) announces that it has received from LesMau Pty Ltd a Notice requisitioning a General Meeting of the Company for the purpose of considering the following Ordinary Resolutions:

1. Michael Douglas Tilley be removed as a director of the Company; 
   

2. Maxim James Carling be removed as a director of the Company; 
   

3. Dato’ Choo Beng Kai be appointed as a director of the Company; 
   

4. The Company Secretary be authorised to sign all documents and do all things necessary to give effect to the above resolutions. 
   

The requisitioning shareholder, LesMau Pty Ltd is a company associated with Dean Leslie Pontin, a director of the Company.

The Directors have delegated the Company Secretary to call a General Meeting, as required by law.

Sincerely,

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Mark Ohlsson, Company Secretary

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Elysium Resources Limited ABN 45 115 593 005 Suite 1412, 3 Spring Street, Sydney NSW 2000 PO Box H238, Australia Square NSW 1215 Phone: +61 2 8249 4504 Email: info@elysiumresources.com.au Web: www.elysiumresources.com.au