PATERSON RESOURCES LTD — Capital/Financing Update 2013

Jun 26, 2013

UNITED OROGEN LIMITED

Suite 705, 3 Spring Street, Sydney NSW 2000 Australia Tel: (02) 9247 7744 ABN 45 115 593 005

27 June 2013

ASX Market Announcements ASX Limited

Dear Sir/Madam,

Results of Rights Issue

United Orogen Limited announces the closing of its Non-Renounceable Rights Issue on 24 June 2013 with a total amount of $413,662.34 being taken up by Shareholders.

The Offer was subscribed as follows:

• $407,747.34 was subscribed by Shareholders, or parties who had acquired rights to participate in the Offer, taking up their entitlements

• $5,915 was subscribed by Shareholders, or parties who had acquired rights to participate in the Offer, applying for additional shares under the Shortfall Facility

making a total of $413,662.34.

This will result in 31,820,180 ordinary shares being issued and 15,910,090 Options at an exercise price of 1.3 cents per share with an expiry date of 30 June 2014.

Under subscriptions amounted to $1,066,074.95

Shares and Options relating to the Offer will be allotted in accordance with the Timetable.

Yours sincerely

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Mark Ohlsson

Company Secretary