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CADOUX LIMITED Capital/Financing Update 2020

Apr 5, 2020

64620_rns_2020-04-05_050bbc42-9b8a-463d-ba0b-f26fb0837b10.pdf

Capital/Financing Update

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ASX RELEASE (ASX: FYI)

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6 April 2020

Market Announcements Office ASX Limited (“ASX”) 20 Bridge Street SYDNEY NSW 2000

Expiry of Unlisted Options

FYI Resources Limited (ASX: FYI) advises that the following unlisted options expired unexercised on 4 April 2020.

Number of options Exercise price 2,000,000 $0.096

Authorised by Phillip MacLeod Company Secretary

About FYI Resources Limited

FYI’s is positioning itself to be a significant producer of high purity alumina (4N or HPA) in a the rapidly developing LED, electric vehicle, smartphone and television screen as well as other associated high-tech product markets.

The foundation of the HPA strategy is the superior quality aluminous clay (kaolin) deposit at Cadoux and the positive response of the feedstock to the Company’s moderate temperature, atmospheric pressure HCl flowsheet. These attributes combine resulting in world class HPA project potential.

Unit 8-9, 88 Forrest Street, Cottesloe, WA 6011 ACN 061 289 218 www.fyiresources.com.au

Tel: +61 8 6313 3920 Email: [email protected]