VYSARN LIMITED — M&A Activity 2016

Dec 14, 2016

Mercantile Investment Company Limited

ABN 15 121 415 576 Level 11, 139 Macquarie Street Sydney NSW 2000 Tel 02 8014 1188 Fax 02 8084 9918

15 December 2016

The Manager ASX Market Announcements

Proposed Off Market Takeover by Mercantile Investment Company Ltd (Mercantile) – MHM Metals Limited (MHM)

Further to the announcement earlier today regarding this proposed takeover, listed below are the details relating to the offer:

• Unconditional (other than prescribed occurrences);

• The offer will be an off market offer; and

• MVT is prepared to make a cash offer of 4 cents per share for all of the issued capital of MHM.

A Bidder’s Statement will be prepared in due course and sent to shareholders in accordance with the requirements of the Corporations Act.

For further information contact: Gabriel Radzyminski Director Ph: +0408 936 357