October 28, 2009

We have recently received a number of calls from shareholders enquiring about our progress towards completing our Reverse Take-Over transaction with Golden Hat Resources Inc. (“Golden Hat”) so as to achieve a listing of the Premier stock on the CNSX. We had, as you will recall, intended that by now we would have held a special shareholder’s meeting to consider and approve the steps to be taken to complete the Reverse Take-Over transaction as a preliminary to the listing. I have delayed writing to you until I could provide definitive information.

The Information Circular required by BC’s securities laws to be sent to all shareholders of both Premier and Golden Hat has to be approved by the BC Securities Commission. The process and the document itself have become much longer than we or our advisors anticipated. The Securities Commission, in its zeal for full disclosure, has required both companies to provide financial statements going back several years, and much of the material associated with the statements has been required to be revised and repeated a number of times in the documentation. Today, I have been advised that the final issue with the Commission has been satisfactorily resolved, so that final adjustments to the Financial Information can now be made, and the Information Circular can be completed. It is expected to comprise several hundred pages, and will have to be printed and sent to all shareholders of both Premier and Golden Hat.

Although a shareholder’s meeting of Premier can be arranged within 30 days, it will take about 45 days from the completion of the Information Circular before the Golden Hat meeting can be held. As the approval of both shareholder’s meetings is required, it would be advisable to hold each company’s meetings at around the same time. In order to avoid holding the meetings in the holiday season, which would not be a good time to launch the listing, your Board has determined that your interests will be best served by holding the meeting in early January, 2010. Arrangements to that end are being worked on, and as soon as a decision has been made I will ensure that you are advised. I am as anxious as I am sure you are to get this long-drawn out matter completed so that Premier’s stock can be listed for trading. I appreciate your patience, and look forward to meeting all of you at the shareholder’s meeting.

Sincerely,
Denis Tusar
CEO & President
Premier Diagnostic Health Services Inc.