First Graphene Ltd. — Capital/Financing Update 2019

Feb 27, 2019

28 February 2019

ASX Announcement

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First Graphene Appoints Foster Stockbroking as Institutional Broker

Advanced materials company, First Graphene Limited ( “FGR” or “the Company” ) (ASX: FGR) is pleased to announce the signing of a mandate with Foster Stockbroking with the objective of introducing the Company to institutional investors and the provision of equity market and corporate advice.

FGR has been working diligently for three years now, establishing a robust manufacturing and delivery platform for its PureGRAPH™ product range. Having confirmed the high quality of the product and the capacity to meet industrial sale orders, FGR expects that 2019 will be a year of strong growth of its sales book. The enthusiasm being experienced from the customer base shows that there are many businesses which see the merits of graphene and they have been keen to add graphene to their products to benefit from the diverse range of improvements that graphene can add. However, up until now, securing reliable supply has been an impediment to the adoption of this innovative material. First Graphene is meeting that challenge head on.

Enthused by its operational successes, FGR is pleased to announce the signing of a mandate with Foster Stockbroking with the objective of introducing the Company to institutional investors and the provision of equity market and corporate advice. FGR is pleased that Fosters has agreed to join the team, as this Australian Company builds its reputation as the world's leading supplier of bulk scale graphene products.

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About Foster Stockbroking: Foster Stockbroking (‘FSB’) was established by Stuart Foster more than 25 years ago as a growth focused Stockbroking and Corporate Finance organisation with its Head Office in Sydney, Australia. In 2017, FSB established offices in Perth and Melbourne, and in 2018 established a joint venture operation in Auckland, NZ. FSB holds an Australian Financial Services Licence (AFSL) and is a participant of the Australian Stock Exchange (ASX). The firm is 100% owned by Executive Directors of the firm.

FSB adopt an entrepreneurial and dynamic approach to the identification and fostering of relationships with companies at an early stage. FSB are very selective in the companies we partner with, developing strong corporate relationships and trust via sound transaction execution and aftermarket support.

About First Graphene Ltd (ASX: FGR)

First Graphene Ltd. are the leading supplier of high-quality, bulk graphene products. The company has a robust manufacturing platform based upon captive supply of high-purity raw materials and an established 100 tonne/year graphene production capacity. Commercial applications are now being progressed in industrial composites & rubbers, fire retardancy, construction and energy storage .

First Graphene Ltd. is publicly listed in Australia (ASX:FGR) and has a primary manufacturing base in Henderson, near Perth, WA. The company was recently incorporated in the UK as First Graphene (UK) Ltd. and is a Tier 1 partner at the Graphene Engineering and Innovation Centre (GEIC), Manchester, UK.

PureGRAPH™ Range of Products

The PureGRAPH™ range of products were released by FGR in September 2018, in conjunction with a detailed Product Information Sheet.

PureGRAPH™ graphene powders are available with lateral platelet sizes of 20µm, 10µm and 5µm. The products are characterised by their low defect level and high aspect ratio.

For further information, please contact

Craig McGuckin Managing Director First Graphene Limited + 611300 660 448

Warwick Grigor Non-Executive Chairman First Graphene Limited +61 417 863187

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