PATERSON RESOURCES LTD — M&A Activity 2012

Oct 4, 2012

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5 October 2012

Company Announcements Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

Dear Sir/Madam

Results of Iron Mountain Mining Limited (ACN 112 914 459) offer for shares in United Orogen Limited (ACN 115 593 005)

Iron Mountain Mining Limited advises the following in relation to its offer for shares in United Orogen Limited:

1. At the close of the offer on 3 October 2012, Iron Mountain Mining Limited held 86,099,288 ordinary shares in United Orogen Limited, being 79.12% of the 108,825,946 total ordinary shares on issue.

Yours sincerely

On behalf of

IRON MOUNTAIN MINING LIMITED

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Shoshanna Zohar Company Secretary

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