Update on Merger with Polymetals - Notice of Meeting

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Peak Litigation The litigation brought by Peak Gold Mines Pty Ltd ACN 001
533 777 against Polymetals in the Supreme Court of New
South Wales.
Placement
Placement Share
The placement of 1,323,769 SXG Shares at an issue price of
A$0.045, as set out in the Explanatory Memorandum.
An SXG Share issued pursuant to the Placement.
Polymetals Polymetals Mining Limited ACN 075 664 961.
Polymetals Share
Polymetals Shareholder
Proxy Form
Record Date
Register
Related Body Corporate
Resolution
RMB
Scheme
Scheme Booklet
Scheme Conditions
Scheme Consideration
Scheme Implementation
Agreement
Scheme Implementation
Date
Scheme Share
Scheme Shareholder
A fully paid ordinary share in the capital of Polymetals.
A holder of Polymetals Shares.
The proxy form accompanying the Notice of Meeting.
5:00pm on the fifth Business Day (or such other Business Day
as the parties agree in writing) following the day of the coming
into effect, under section 411(10) of the Corporations Act, of the
orders of the Court made under section 411(4)(b) of the
Corporations Act in relation to the Scheme.
Polymetals’ register of Polymetals Shareholders, kept in
accordance with the Corporations Act.
Has the same meaning as given to that term in the
Corporations Act.
A resolution set out in the Notice.
RMB Australia Holdings Limited.
The proposed scheme of arrangement pursuant to Part 5.1 of
the Corporations Act between Polymetals and Polymetals
Shareholders.
The document sent to Polymetals Shareholders providing
details of the Scheme.
The conditions precedent the satisfaction or waiver of which
must be achieved for implementation of the Scheme to occur.
In respect of each Scheme Share held by a Scheme
Shareholder as at the Record Date, 11 New SXG Shares.
The scheme implementation agreement between the Company
and Polymetals dated 7 April 2013.
The date on which all Polymetals Shares held by Scheme
Shareholders will be transferred to the Company.
A Polymetals Share held by a Scheme Shareholder as at the
Record Date.
A holder of Polymetals Shares recorded in the Register as at
the Record Date.