CADOUX LIMITED — Capital/Financing Update 2021

Oct 31, 2021

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1 NOVEMBER 2021

ASX:FYI I OTCQX:FYIRF

FYI QUALIFIES AND UPGRADES TO OTCQX MARKETS IN US

FYI Resources Limited (“FYI” or the “Company”) is pleased to announce that the Company has qualified to be upgraded to the US-based OTCQX market.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must have certain balance sheet requirements, meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

Graduating to the OTCQX Market marks an important milestone for FYI in providing a globally recognised platform to showcase the Company and build visibility among U.S. investors as well as providing real time stock quotes outside of FYI’s ASX primary listing.

FYI commenced trading on the OTCQX on Friday 29[th] , 2021 (Eastern Time), under the symbol “FYIRF.”

U.S. investors can find FYI’s current financial disclosure, company announcements and RealTime Level 2 quotes for the Company on otcmarkets.com

FYI looks forward to a long-term relationship with the OTC in engaging with and building its North American shareholder base.

This announcement is authorised for release by Roland Hill, Managing Director

For more information please contact:

Roland Hill Managing Director Tel: +61 414 666 178 Croland.hill@fyiresources.com.au

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Unit 8-9, 88 Forrest Street Cottesloe Western Australia 6011

Tel: +61 8 9313 3920 info@fyiresources.com.au www.fyiresources.com.au ACN 061 289 218

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About FYI Resources Limited

FYI’s is positioning itself to be a significant producer of 4N and 5N HPA in the rapidly developing high-tech product markets.

FYI applies both an ESG and economic overlay of the Company and its operations to ensure long-term sustainable and shareholder value is created via the development of the Company’s innovative, high quality, ultra-pure HPA project.

HPA is increasingly becoming the primary sought-after input material for certain high-tech products principally for its unique properties, characteristics and chemical properties that address those applications high specification requirements such as LED’s and other sapphire glass products.

The longer-term driver for HPA, with forecasts of >17% CAGR*, is the outlook for the burgeoning electric vehicle and static energy storage markets where the primary function is in the use as a separator material between the anode and cathode in batteries to increase power, functionality and safety of the battery cells.

The foundation of the HPA strategy the Company’s moderate temperature, atmospheric pressure innovative process flowsheet. The strategy’s quality attributes combine resulting in world class HPA project potential.

* CRU HPA Industry Report 2021

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.