DIGITALX LIMITED — Capital/Financing Update 2024

Mar 17, 2024

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ASX ANNOUNCEMENT 18 MARCH 2024 DIGITALX COMPLETES PRIVATE PLACEMENT

DigitalX Limited (ASX: DCC, “DigitalX” or the “Company”) is pleased to announce that it has received firm commitments to raise $5.3 million (before costs) from new and existing institutional and sophisticated investors.

Having set an initial target of $3 million under the placement, and as a result of the significant interest received from potential investors, the placement was heavily oversubscribed, and the Company expanded the placement to $5.3 million (before costs) at 6.7 cents per share. The issue price represents a discount of 19.2% to the closing Share Price of $0.083 on 13 March 2024.

DigitalX CEO, Lisa Wade said: “Having completed the share purchase plan in January 2024, where we issued shares at 4.6 cents per share, we are very pleased to raise this additional capital to continue driving our strategy and maintain our place leading the digital asset landscape in Australia. We appreciate the support from existing and new investors and look forward to putting these funds to work for the benefit of all shareholders.”

Under the placement, the Company will issue 79,104,479 new shares at 6.7 cents per share, together with 79,104,479 new options on the basis of 1 new option for every one share subscribed for and issued. The options will have an exercise price of $0.10 on or before the date that is 6 months from the date of issue.

Funds raised under the placement are intended to be used firstly for working capital to continue business expansion and to bolster active treasury management, then to purchase Bitcoin and digital assets.

The Company will issue 78,729,955 shares under the Company’s Listing Rule 7.1A approval, with the remaining 374,524 shares and all 79,104,479 attaching options being issued under the Company’s Listing Rule 7.1 capacity. An additional 10,000,000 options will be issued to Shaw and Partners Limited under the Company’s Listing Rule 7.1 capacity as part payment for their services as Lead Manager of the offer, together with a fee of 6% of the funds raised.

The New Shares are expected to be issued on 26 March 2024 and will rank equally with existing DCC shares.

Authorised by the Board of DigitalX Limited.

-ENDS-

DigitalX Limited | ASX:DCC | 59 009 575 035 | Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com

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For further information, please contact:

Investor Enquiries

DigitalX Limited Lisa Wade Chief Executive Officer E: investors@digitalx.com

Media Enquiries Third Hemisphere Jeremy Liddle Executive Director T: +61 421 222 660 E: jeremy@thirdhemisphere.agency

About DigitalX

DigitalX Limited (ASX: DCC) is a technology and investment company focused on growing the blockchain economy through its digital asset funds management business, digital fintech and regtech products, and blockchain ventures.

DigitalX’s product team designs and develops blockchain technology applications for business and enterprise organisations.

Through its asset management division, DigitalX provides low-cost traditional asset management products for qualified investors looking to gain exposure to the growing alternative asset class of digital assets, including Bitcoin.

DigitalX is currently commercialising Drawbridge, the Company’s first regtech solution which is supporting listed companies to better manage their compliance and corporate governance policies. With Drawbridge, companies can manage employee and director share trading approvals in order to safeguard their reputations.

www.digitalx.com || www.opendrawbridge.io | www.sellmyshares.com.au

DigitalX Limited | ASX:DCC | 59 009 575 035 | Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com