PATERSON RESOURCES LTD — Major Shareholding Notification 2013

Nov 10, 2013

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9 November 2013

ASX Limited Company Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

Takeover bid by Elysium Resources Limited (ASX: EYM) for Burraga Copper Limited (“BCU”) Voting Power in BCU – 90% Threshold

We refer to the off-market takeover bid by Elysium Resources Limited for all fully paid ordinary shares and options in BCU.

Notice is hereby given that as at the date of this announcement:

• (a) EYM’s voting power in BCU has risen to and above 90%; and

• (b) EYM’s voting power in BCU is 90.06%.

• (c) EYM has received acceptances for 100% of the BCU options

Please see attached a copy of the notice given to BCU today.

Yours faithfully

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Mark Ohlsson Company Secretary Elysium Resources Limited

Elysium Resources Limited

ABN 45 115 593 005 Suite 705, 3 Spring Street, Sydney NSW 2000 PO Box H238, Australia Square NSW 1215 Phone: +61 2 9247 7744 Fax: +61 2 9247 7244 Email: info@elysiumresources.com.au Web: www.elysiumresources.com.au

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9 November 2013

Burraga Copper Limited 10 Crown Street WOOLLOOMOOLOO NSW 2011

Dear Mr Abbott

Takeover Bid by Elysium Resources Limited (“EYM”) for Burraga Copper Limited (“BCU”) Voting Power in BCU – 90% Threshold

We refer to the off-market takeover bid by EYM for all fully paid ordinary shares and options in BCU.

In accordance with section 654C(1) of the Corporations Act 2001 (Cth), please find enclosed a notice stating that EYM’s voting power in BCU has risen above 90%.

Yours faithfully

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Mark Ohlsson Director Elysium Resources Limited

enclosures (x 1)

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NOTICE THAT VOTING POWER HAS EXCEEDED THRESHOLD

(SECTION 654C(1) OF THE CORPORATIONS ACT 2001 (CTH))

ELYSIUM RESOURCES LIMITED (ACN 115 593 005) – TAKEOVER BID FOR BURRAGA COPPER LIMITED (ACN 149 974 354)

Elysium Resources Limited gives notice that its voting power in Burraga Copper Limited has risen above 90% as required by section 654C(1) of the Corporations Act 2001 (Cth).

DATED this 9[th] day of November 2013

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_______ Mark Ohlsson Director Elysium Resources Limited

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