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FIRST AU LIMITED Capital/Financing Update 2021

Apr 14, 2021

64900_rns_2021-04-14_518bfd20-c20f-41bb-ae9e-6ac17463d084.pdf

Capital/Financing Update

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First Au Limited

(ASX: FAU)

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15 April 2021

Closing Date Reminder and Shareholder Notice

First Au Limited [ASX:FAU] ( FAU ) advises that the non-renounceable pro-rata rights issue offer of 4 new options (each with an exercise price of $0.02 (2 cents), expiry date of 1 July 2023 and which, upon exercise, entitle the holder to one fully paid ordinary share in FAU) for every 5 shares held at 7:00pm (AEDT) on 23 February 2021 at an issue price of $0.005 (0.5 cents) per new option to raise approximately $2.45 million before costs ( Rights Issue ) closes at 5:00pm (AEST) tomorrow .

FAU understands that, due to a banking issue, shareholders may not have been able to subscribe for their entitlement of new options under the Rights Issue using BPAY. FAU encourages any eligible shareholder who wishes to subscribe for new options under the Rights Issue to contact FAU at [email protected] to make alternate arrangements for payment.

Authorised by:

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Michael Quinert Director

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: [email protected]