DOTZ NANO LIMITED — Capital/Financing Update 2017

Nov 27, 2017

28 November 2017

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ASX ANNOUNCEMENT

DOTZ NANO COMPLETES OVERSUBSCRIBED CAPITAL RAISING OF AUD $3.8 MILLION

• Dotz Nano to raise AUD$3.8 million by issue of 21,111,111 million shares at AUD $0.18 per share.

• The Placement was heavily oversubscribed with strong support from high net worths and a select group of institutional investors.

• The Placement will be in two tranches, with Tranche 1 made utilising ASX Listing 7.1 placement capacity and Tranche 2 subject to shareholder approval.

• The funds raised will be utilised as working capital for commercialisation activities.

Dotz Nano Limited (“Dotz Nano” or the “Company”) , a nano-technology company focusing on the development, manufacture and commercialisation of graphene quantum dots (GQDs), is pleased to announce that it has successfully placed 21,111,111 fully paid ordinary shares at a share price of AUD $0.18, for proceeds of AUD $3.8 million before costs ( Placement ).

The Placement was heavily oversubscribed, with settlement of the Placement to occur in two tranches:

• Tranche 1: 18,333,333 shares ($3,300,000) will be issued under the Company’s existing 15% placement capacity under ASX Listing Rule 7.1; and

• Tranche 2: 2,777,778 shares ($500,000) will be issued following shareholder approval, to be sought at a meeting expected to be held by mid-January 2018.

The second tranche was placed to a group of investors closely associated with founders of Dotz Nano. Founders of the company continue to support and work with management to provide support both technically and financially.

The Placement will be used as working capital to fund the Company’s commercialisation activities.

Hunter Capital and Otsana Capital acted as Joint Lead Manager to the Placement. Hunter Capital will receive a fee of 6m unlisted options with an exercise price of A$0.30 and an expiry date 2 years from the date of issue, and 500,000 shares. The shares and options will be issued to unrelated parties as directed by Hunter Capital, and for the avoidance of doubt, no shares will be issued to Otsana Capital.

About Dotz Nano

Dotz Nano Limited (ASX: DTZ) is a technology company focusing on the development, manufacture and GQDs. Its vision is to be the premier producer of GQDs by producing and supplying high quality GQDs for use in various applications including medical imaging, sensing, consumer electronics, energy storage, solar cells and computer storage.

To learn more about Dotz Nano please view the website and our corporate video via the following link: www.dotznano.com

Dotz Nano Limited ACN 125 264 575 T: +61 8 9486 7244 | A: 108 Outram Street, West Perth WA 6005

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For further enquiries, please contact:

Company Secretary Corporate Advisors Mr. Peter Webse Otsana Capital peter.webse@pcscorporate.com.au 108 Outram Street West Perth WA 6005 Telephone: +61 8 6377 8043 Telephone: +61 8 9486 7244 Email: investors@dotznano.com

Dotz Nano Limited ACN 125 264 575 T: +61 8 9486 7244 | A: 108 Outram Street, West Perth WA 6005