Merger Milestones

Setting up OpCo

☑ Setting up company Completed 15th September 2011
☑ Signing of management agreement Completed 17th September 2011
☑ Signing of shareholder agreement Completed 17th September 2011

Signing Merger Implementation Agreement

☑ Setting up Bullabulling Gold Ltd Completed 5th September 2011
☑ Signing of Agreement Completed 17th September 2011
☑ Setting up of timetable Completed 19th December 2011
☐ Appointment of Chairman
☐ Appointment of MD
☐ Appointment of NED

UK Scheme to change GGG to BBG

☑ UK circular Completed 16th December 2011 (Shareholder Circular)
☑ UK shareholder approval Completed 9th January 2012
☐ Court approval

AIM and ASX Admission of BBG

☐ Finalise AIM and ASX admission documents
☐ AIM 10 Day announcement
☐ Admission to AIM granted
☐ Admission to ASX granted

Spin out assets

☑ Posting of Demerger Scheme Document 
☑ Receive shareholder approval

Australian Scheme

☑ Australian circular to Auzex shareholders Completed 17 February 2012
☐ Auzex shareholder approval
☐ Court approval of AZX scheme
☐ Complete cash balancing placing of AZX shares
☐ AZX Scheme Implementation