DIGITALX LIMITED — Capital/Financing Update 2019

May 16, 2019

==> picture [126 x 42] intentionally omitted <==

==> picture [130 x 28] intentionally omitted <==

ASX ANNOUNCEMENT

17 May 2019

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

Perth, 17 May, 2019: DigitalX Ltd (ASX:DCC) advises that it has today issued a total of 19,046,519 shares at an issue price of $0.0677289 per share pursuant to the Placement as announced on 16 April 2019 and 15 May 2019 ( Shares ).

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.

-Ends -

About DigitalX

DigitalX is a blockchain and cryptoasset finance company with offices in Perth, Sydney and New York. The company offers advisory services for new token offerings, asset management focused on technology, including blockchain and cryptoassets, blockchain development and media services.

For further information, please contact

DigitalX Limited Media Contact Leigh Travers Heidi Cuthbert Managing Director & Chief Executive Officer Managing Director leigh@digitalx.com heidi@coincastmedia.com T: +61 439 376 847 T: +61 411 272 366