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FIRST LITHIUM LIMITED Capital/Financing Update 2015

Jun 18, 2015

64921_rns_2015-06-18_17a1ad24-dd1a-44c3-a682-dca4081db5f3.pdf

Capital/Financing Update

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==> picture [136 x 97] intentionally omitted <==

19 June 2015

ASX Limited Level 8, Exchange Plaza 2 The Esplanade PERTH WA 6000

Via e-lodgement

ADVANCED ENGINE COMPONENTS LIMITED (Subject to Deed of Company Arrangement) (‘the Company’) ACN 009 081 770

CONSOLIDATION OF CAPITAL COMPLETED

We wish to advise that the fully paid ordinary shares of the Company have been consolidated in accordance with Section 254H of the Corporations Act on a one (1) for forty (40) basis as approved by shareholders at the General Meeting of shareholders held on 5 June 2015.

Notices to existing shareholders detailing their pre and post consolidation share holdings were mailed on 17 June 2015.

We detail hereunder the pre and post consolidation balance of issued shares of the Company:

Pre-Consolidation Number of Shares 203,683,388
Post Consolidation Number of Shares 5,092,289

Please note, where a fractional entitlement occurred in the consolidation, the Directors rounded that fraction up to the nearest whole share.

If you have any queries regarding the consolidation, please contact Automic Registry Services Pty Limited on +61 8 9324 2099.

Yours faithfully

Jack James

Deed Administrator

Level 1, 330 Churchill Avenue, Subiaco WA 6008 Post PO Box 2015, Subiaco WA 6904 Phone 08 9328 6262 Fax 08 9227 6390 Email [email protected] Web www.pbconsult.com.au Palisade Business Consulting Pty Ltd ABN 34 145 743 666 Liability limited by a scheme approved under Professional Standards Legislation.