DOTZ NANO LIMITED — Share Issue/Capital Change 2016

May 12, 2016

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

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----- Start of picture text ----- Entity nameNORTHERN IRON LIMITEDApplicable security for the reorganisationNFE ORDINARY FULLY PAIDAnnouncement TypeUpdate to previous announcementDate of this announcementFriday May 13, 2016Reason for the UpdateThe General Meeting of members has been held on 13 May 2016.Refer to below for full details of the announcementAnnouncement DetailsPart 1 - Entity and announcement details1.1 *Name of +EntityNORTHERN IRON LIMITEDRegistration Number1.2 *Registered Number TypeACN 1252645751.3 *ASX issuer codeNFE1.4 *The announcement isUpdate/amendment to previous announcement1.4a Reason for update to a previous announcementThe General Meeting of members has been held on 13 May 2016.1.4b * Date of previous announcement(s) to this updateTuesday April 19, 20161.5 *Date of this announcementFriday May 13, 20161.6 *Securities affected by the reorganisation----- End of picture text -----

Notification of Consolidation/Split

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Notification of Consolidation/Split

ORDINARY FULLY PAID

NFE

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Part 2 - Approvals

*2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

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----- Start of picture text ----- Approval/Condition Date for determination Is the date estimated Approval+Security holder Friday May 13, 2016 or actual? received/conditionapproval Actual met?YesComments----- End of picture text -----**

Part 3 - Reorganisation timetable and details

*3.1 +Record date

Wednesday May 18, 2016

3.2 Date of +security holder meeting

Friday May 13, 2016

3.3 Last day for trading in the pre-re-organised +securities

Monday May 16, 2016

*3.4 Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Tuesday May 17, 2016

3.5 Record date

Wednesday May 18, 2016

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Thursday May 19, 2016

*3.7 +Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Wednesday May 25, 2016

Notification of Consolidation/Split

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Notification of Consolidation/Split

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3.8 Trading starts on a normal T+2 basis

Thursday May 26, 2016

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Monday May 30, 2016

Part 4 - Reorganisation type and details

*4.1 The reorganisation is

+Security consolidation

*4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

100

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

*4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

*5.1 +Securities on issue before and after the reorganisation

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----- Start of picture text ----- *ASX +Security Code *ASX +SecurityNFE DescriptionORDINARY FULLYPAIDQuoted/unquoted Number on issue Number on issue after Estimate/ActualQuoted before reorganisation reorganisation Estimated484,405,314 4,844,053----- End of picture text -----

Part 6 - Further information

6.1 Further information relating to the reorganisation

Refer to ASX Announcements 13 April 2016 and 13 May 2016

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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