PATERSON RESOURCES LTD — Capital/Financing Update 2016

Sep 15, 2016

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MARKET RELEASE

16 September 2016

Elysium Resources Limited

TRADING HALT

The securities of Elysium Resources Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Tuesday, 20 September 2016 or when the announcement is released to the market.

Security Code: EYM

Andrew Kabega SENIOR ADVISER, LISTINGS COMPLIANCE (SYDNEY)

20 Bridge Street www.asx.com.au Sydney NSW 2000 Customer service 13 12 79

ASX Compliance Pty Limited ABN 26 087 780 489

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16[th] September 2016

Mr Andrew Kabega Adviser, Listings Australian Stock Exchange

By email Andrew.kabega@asx.com.au tradinghaltsperth@asx.com.au

Dear Mr Kabega,

Trading Halt

The Directors request the ASX grant a trading halt in the securities of Elysium Resources Limited under Listing Rule 17.1 pending an announcement regarding a capital raising which is expected to be made no later than the commencement of trading on 20[th] September 2016.

The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely

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M T Ohlsson Company Secretary

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 9247 7744 Email: info@elysiumresources.com.au Web: www.elysiumresources.com.au

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