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DIGITALX LIMITED Capital/Financing Update 2016

Dec 7, 2016

64762_rns_2016-12-07_f6ceaea3-6139-4077-9ae1-7ac5a9e1830a.pdf

Capital/Financing Update

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==> picture [185 x 63] intentionally omitted <==

ASX ANNOUNCEMENT 8 December 2016

Notice Pursuant to Paragraph 708A(5)(e) of the Corporations Act 2001 ("Act")

DigitalX Limited (ASX:DCC) ( DCC or the Company ) confirms that further to the Appendix 3B released today, 32,780,000 fully paid ordinary shares ( Shares ) were issued to professional and sophisticated investors pursuant to the Company’s placement, announced 28 November 2016, and in part consideration for the provision of services.

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, a sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

(a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;
(b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and
(c) as at the date of this notice, there is no information:
a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
- i. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
- ii. the rights and liabilities attaching to the relevant Shares.