HARDEY RESOURCES LIMITED (HDY)

name changed to Paterson Resources Ltd

The company releases the results of its meeting.

The company releases the assay results from two reverse circulation drill-holes at the Lloyds Copper Mine extension at the Burraga Project. It showed significant drill intercepts of: EMYRC0034 - 1m @ 2.24% Cu, 1m @ 1.54% Cu, 1m @ 1.50% Zn, 1m @ 2.27% Zn, 1.08% Pb; and 1m @ 2.96% Cu, 1m @ 1.31% Zn.

The company releases an Investor Presentation.

The Annual General Meeting of the Company will be held at Quest West Perth, at 54 Kings Park Road, West Perth, Western Australia on Monday, 9 th December 2019 at 11:00am (WST).

ASIC has granted an extension of the period within which the company to hold its 2019 AGM to 9 December 2019.

The company lodges its Quarterly Activities Report & Appendix 5B.

The cancellation of the consideration securities issued to the vendors and additional parties in connection with the acquisitions has now taken effect and been registered with ASIC. The cancellation was approved by shareholders at the General Meeting held on 27 September 2019. The company is in the process of finalising a fnding proposal to ASX for their consideration.

The company releases the results of meeting.

The company releases an Appendix 4G.

The company lodges its Annual Report to shareholders.

The company announces the following notices of meetings to seek, amongst other things, the shareholder approvals required in connection with the remediation proposal announced on 8 march 2019: notice of meeting of all shareholders; notice of meeting of the vendors of Nelly Vanadium and Vanadium Mining; and notice of meeting of the Blumenthal Parties. Each of the meetings will be held at Quest West Perth, 54 Kings Park Road, Western Australia on 27 September 2019. The general meeting will be held at 10.00am. The vendor meeting will be held at the later of the conclusion of the general meeting, and 10.30am. Only the vendors will be entitled to vote at the vendor meeting. The Blumenthal Parties' meeting will be held at the later of the conclusion of the vendor meeting and 10.45am. Only the Blumental Parties will be entitled to vote at the Blumenthal Parties' meeting.

The company lodges its quarterly activities report.

The company lodges its Half Yearly Report and Accounts.

The company announces the ersults of the geological field reconnaissance carried out during May 2019 by Cadre Geology and Mining at the Cheela Plains project (E08/2880). The highlights of the results are as follows: outstanding gold results at Big Sarah West; 24.51 g/t and 6.88 g/t Au; and prospect not previously mapped or sampled.

Taking into account the technical merit of the Vanadium Projects and other relevant considerations (including commerciality, market risk, sovereign risk, and commodity risk), the interim board has unanimously resolved that the company should not proceed with the acquisitions of the Vanadium Projects. On this basis, and in accordance with the remediation proposal, the company will now take action to unwind the transactions, handing back title to the Vanadium Projects to the applicable project vendors. The company will shortly convene an EGM, at which the company's shareholders will be asked to vote on a number of matters. Following a comprehensive review of all the geological, geophysical and assay data, as well as verification of the resource calculations, the company confirms there is no new material information in relation to the JORC 2012 compliant Inferred Resource announced on 20 February 2018 and considers that a future exploration programme for the Grace project should be generated. Desktop studies of the historical exploration data are also being carried on the three other granted exploration licences in the Pilbara. Once the review has been completed, exploration programmes will be designed, budgeted and prioritised for future work. A review of the historical exploration conducted by a previous JV partner is currently underway. The company notes that the Horseshoe Lights Project to the north of this granted tenure is currently the subject of a sale process by the current holder, Horseshoe Metals Limited. The company continues to compile and review previous exploration data for the Burraga project, in order to plan future exploration work.

The company advises that it has received the draft report from CSA Global and is reviewing its contents. The Interim Board will consider the technical and commercial aspects of the report and determine whether the company should proceed with the acquisitions as proposed, or cancel and unwind the acquisitions. The company engaged Cadre Geology and Mining to undertake a field reconnaissance program on the Grace Project in the Paterson Range, which was completed on 12 May 2019. An Exploration Licence application immediately adjacent to the currently granted Grace Project tenure is also being progressed with negotiations under way on a Land Access and Mineral Exploration Agreement with the Western Desert Lands Aboriginal Corporation. The company continues to compile and review previous exploration data for the Burraga project, in order to plan future exploration work. The Interim Board is continuing to work through various outstanding issues in relation to settlement of creditor claims. The Board has moved to cut unnecessary costs, exiting offices in Orange and Black Springs in NSW, as well as reducing the number of external consultants, legal advisers and other service providers that had been contributing to the ongoing cash burn. The company has appointed Tony Taylor of Stanton Chase to review and adjudicate the nominated directors along with the interim directors who intend to nominate for re-election, to determine Proposed Directors. The adjudication is anticipated to take approximately one week from the completion of the nomination period.

The nomination peroid is now open, and the Board invites nominations of directors from shareholders of HDY upon meeting certain parameters. All nominations must be received by the company by 5:00pm (WST) on Wednesday, 5th June 2019 in order for them to be considered by the adjudicator.

The company lodges its Quarterly Activities Report & Appendix 5B.

Each of the vendors, the additional parties and the Blumenthal parties have entered into standstill deeds with the company as per the remediation proposal lodged on 8 March 2019. The board is in the process of undertaking a review of the acquisitions of Nelly Vanadium Pty Ltd and Vanadium Mining Pty Ltd.

The company is in the final stages of negotiating the Standstill Deeds with the relevant parties, however, a short extension of time is required to complete the process. ASX has agreed to grant the Company an extension to 5pm (Perth time) on Friday, 29th March 2019.

The Blumenthal Parties and the Additional Parties have transferred the Proceeds of Sales less the Proceeds Already Received to HDY's solicitors, which is in the process of being transferred to the Company.

The company releases a remediation proposal, the overall goal of which is for a new board to consider faresh whether the acqusiitions are in the best interests of HDY and its unassociated shareholders. If the new board decides that the acquisitions are in the best interests of HDY and its unassociated shareholders, the acquisitions are to be submitted to the unassociated shareholders for approval. If either: the new board decides that the acquisitions are not in the best interest of HDY and its unassociated shareholders or the unassociated shareholders fail to approve the acquisitions, HDY is to be restored as nearly as may be possible to the position it would have been in if it had not entered into the acquisitions.

The company issues a response to ASX queries.

The company issues a response to ASX queries.

The company issues a response to ASX queries.

The company lodges its Quarterly Activities Report & Appendix 5B.

The company has provided a formal and detailed letter to ASX, outlining the company's proposed remedial action. The ASX has advised that they will require some time to consider the Company's Remediation Letter and will respond in writing in due course. ASX has confirmed that it will then provide HDY with a specified period within which it may provide a further response, and will not proceed with the possible removal of HDY from the official list until, at the earliest, the time period for that response has elapsed.

ASX has agreed to defer the de-listing of the company while it considers the company's proposed remedial action. The ASX intends to provide its considered response by close of business on Friday, 11 January 2019. The ASX expects to receive a formal and detailed response from the company by no later than 10.00am WST on Friday 18 January 2019. If a response is not provided or if ASX is not satisfied with the response, ASX reserves its right to proceed with the removal of the company from the official list without further notice.

ASX considers it appropriate that HDY should be removed from the official list pursuant to listing rule 17.12 with effect on and from the commencement of trading on Friday 11 January 2019.

The company provided response letter to ASX. ASX have advised that they will require some time to consider the information in the Company's response letter, and will respond in due course

The company received a letter of enquiry from ASX. ASX has requested that HDY prepare and release to the market a statement, acceptable to ASX, giving a detailed account of the events surrounding the amendment of the acquisition agreements for Nelly Vanadium and Vanadium Mining, the Off-Market Transfers, the On-Market Disposals and the Additional Disposals , including the reasons why the parties involved engaged in those transactions and the financial benefits that the parties involved received as a result of those transactions. HDY intends to provide this Explanation to ASX by the due date of 20th December 2018.

The company releases the results of its meeting.

The company lodges its Quarterly Activities Report & Appendix 5B.

The company releases a notice of AGM. The meeting was held at 12:30pm (WST) on Thursday, 29 November 2018 at 54 Kings Park Road WEST PERTH WA 6005.

Two reverse circulation drill-holes completed, amounting to 740m overall, at the Lloyds Copper Mine (LCM) extension within the Burraga Project in NSW "“ HDY's primary copper asset. The geology team's objective from this campaign was to garner a greater understanding of the ore body and test if it extends at depth and further to the east than previously understood. All drilling samples have been sent to the laboratory for further analysis, as the results will determine the next component of the drilling program. Currently, depending on the assay results, the geology team believe incremental infill drilling is necessary to test the size and continuity of the known ore body. Meanwhile, the Board notes the price of vanadium pentoxide has reached a fiveyear high1, reflective of growing demand from China primarily due to more stringent rebar standards which come into effect on 1 November 2018: HDY's geology teams in Australia and Argentina have continued developing the newly acquired vanadium projects; progress reports will be released shortly. Lastly, the Board and legal advisors are continuing to work proactively with the ASX to resolve the current inquiry "“ shareholders will be kept up to date with progress.

The company issues a response to ASX Query Letter.

The company issues a response to ASX Query Letter.

The company releases an Appendix 4G.

The company lodges its Annual Report to shareholders.

The securities of Hardey Resources Limited will remain suspended from quotation pursuant to Listing Rule 17.3, pending satisfactory responses to further enquiries ASX intends to make.

The company issues a response to an ASX Query Letter.

The securities of Hardey Resources Limited will be suspended from quotation immediately, in accordance with Listing Rule 17.3, following a failure to respond to ASX queries adequately. The securities will remain suspended until the Company has responded to ASX's queries adequately.

The company requests a further extension of the voluntary suspension of all its quoted securities effective from the commencement of trading on Friday 14th September 2018, pending receipt of ASX queries, and release of an announcement responding to these queries. The announcement is expected to be made by Friday, 21st September 2018.

The company requests an extension of the voluntary suspension of all its quoted securities effective from the commencement of trading on Tuesday 11th September 2018 pending finalisation of an announcement responding to ASX queries. The company expects to make an announcement by 14th September 2018.

The securities of Hardey Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of HDY, pending the release of an announcement responding to ASX queries.

name changed from Elysium Resources Limited