FIRST AU LIMITED — Capital/Financing Update 2022

May 5, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

FIRST AU LIMITED

Announcement Type

New announcement

Date of this announcement

Friday May 06, 2022

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
FAU	ORDINARY FULLY PAID	5,000,000	06/05/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

FIRST AU LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 65000332918

1.3 ASX issuer code

FAU

1.4 The announcement is

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New announcement

1.5 Date of this announcement

6/5/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 08-Apr-2022 11:20 New - Proposed issue of securities - A placement or other type of issue FAU

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Issue of options the subject of an Appendix 3G to be released after this Appendix 2A.

Application for quotation of +securities

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description FAU : ORDINARY FULLY PAID

Issue date 6/5/2022

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

5,000,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued as part consideration for advisory services provided to FAU. Refer to the ASX announcement on 8 April 2022 for further details.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.013000

Any other information the entity wishes to provide about the +securities to be quoted

Shares subject to voluntary escrow for 6 months from issue.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
FAU : ORDINARY FULLY PAID	813,910,949
FAUOA : OPTION EXPIRING 01-JUL-2023	581,744,114
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
FAUAM : OPTION EXPIRING 28-JUL-2023 EX $0.02	2,500,000
FAUAN : OPTION EXPIRING 28-JAN-2024 EX $0.035	2,500,000
FAUAG : OPTION EXPIRING 14-OCT-2023 EX $0.03	14,500,000
FAUAH : OPTION EXPIRING 14-OCT-2023 EX $0.035	14,500,000
FAUAI : OPTION EXPIRING 10-NOV-2022 EX $0.03255	500,000
FAUAK : OPTION EXPIRING 10-NOV-2022 EX $0.05	500,000
FAUAJ : OPTION EXPIRING 10-NOV-2022 EX $0.04	500,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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