PATERSON RESOURCES LTD — Director's Dealing 2015

Jul 30, 2015

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity ELYSIUM RESOURCES LIMITED ABN 45 115 593 005

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Nebojsa Zurkic
Date of last notice	17 December 2014 – Appendix 3Y

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Zurkic Mining Consultants Pty Ltd (Director/Shareholder) Zurkic Mining Consultants Pty Ltd atf Zurkic Super Fund (Director trustee company/beneficiary)
Date of change	30 July 2015
No. of securities held prior to change	44,600,000 Ordinary shares 35,000,000 Options – unlisted (exercisable at 1.4 cents each expiring 30 April 2018) 5,747,494 Listed Options (exercisable at 0.5 cents each expiring 30 September 2015)
Class	(a) Ordinary shares (b) Listed Options (exercisable at 0.3 cents each expiring 30 September 2016)
Number acquired	(a) 14,866,667 (b) 7,433,334
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$44,600 ($22,500 in cash and $22,100 in settlement of debt)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 59,466,667 Ordinary shares 35,000,000 Options – unlisted (exercisable at 1.4 cents each expiring 30 April 2018) 5,747,494 Listed Options (exercisable at 0.5 cents each expiring 30 September 2015) 7,433,334 Listed Options (exercisable at 0.3 cents each expiring 30 September 2016) Nature of change Non-Renounceable Rights Issue Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
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Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade n/a to proceed during this period? If prior written clearance was provided, on what date was this n/a provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011