FIRST AU LIMITED — Capital/Financing Update 2021

Nov 16, 2021

First Au Limited (ASX: FAU)

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17 November 2021

Extension of SPP Closing Date

First Au Limited [ASX:FAU] ( FAU ) advises that the closing date of the Share Purchase Plan under which eligible shareholders are able to subscribe for up to $30,000 of fully paid ordinary shares at $0.012 per share (with every two shares to be accompanied, subject to shareholder approval, by one freeattaching listed option with an exercise price of 2 cents and expiry date of 1 July 2023) to raise up to $450,000 before costs ( SPP ) has been extended to Monday 29 November 2021.

The FAU Board has determined to extend the closing date of the SPP having regard to potential mail delays (including due to COVID-19) resulting in eligible shareholders potentially receiving SPP materials later than anticipated.

The decision to extend the Closing Date is consistent with the commitment of FAU to facilitate eligible shareholder participation in the SPP.

An extract of the timetable for the SPP that was included the prospectus dated 1 November 2021 with amendments to the dates impacted by the extension of the closing date is set out below:

Closing date at 7:00pm 29 November 2021 Announcement of results to ASX 2 December 2021 Proposed issue date 3 December 2021

Released with the authority of the Board.

First Au Limited ACN 000 332 918 Registered Office: Level 1 / 123 Whitehorse Road, Balwyn Vic. 3103 Australia. Telephone 03 9817 0700 Facsimile 03 9817 0799 Website: www.firstau.com Email: info@firstau.com