FIRST LITHIUM LIMITED — Capital/Financing Update 2016

Oct 18, 2016

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ACN: 009 081 770

ASX ANNOUNCEMENT

19 October 2016

AKELA SECURES ALLOCATION IN OpenDNA’s INITIAL PUBLIC OFFERING

Highlights

• AKELA secures allocation in OpenDNA’s Initial Public Offering (IPO) capital raising

• • AKELA’s allocation in Cre8tek’s (ASX: CR8) capital raising closed heavily oversubscribed • Strong pipeline of future offerings

Ookami Limited (ASX: OOK) is pleased to provide the following update to its shareholders.

The Company’s wholly owned subsidiary, Akela Capital Pty Ltd, has secured an allocation for its platform’s subscribers in the IPO for OpenDNA. Argonaut Securities Pty Limited is Lead Manager to the offer.

Akela is also pleased to report that its allocation in Cre8tek’s (ASX: CR8) “Flamingo” offering was closed heavily oversubscribed.

Development of the Mobile App and multi-tenant solution is underway and discussions remain ongoing with strategic and prominent financial service providers and AFSL licence holders in relation to new offerings and participation in the closed ecosystem.

Individuals and entities can continue to register on the platform and gain access to current and future offerings at www.akela.vc

Akela looks forward to offering additional investment opportunities to its subscribers shortly.

Outlook

Akela Capital is the first acquisition for Ookami’s intellectual property portfolio of technology solutions. Expansion of the portfolio remains a key growth strategy for the Company. As per the Company’s acquisition and growth strategy outlined in the prospectus, the Company is currently evaluating a number of complementary business acquisitions that may have the potential to create additional shareholder value. The Company will update its shareholders as further information becomes available.

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108 Outram Street, West Perth, WA 6005 PO Box 1974, West Perth, WA 6872 Tel: (08) 9486 7244 Fax: (08) 9463 6373

LIMITED

ACN: 009 081 770

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About Akela

Akela’s proprietary financial services software and transaction management platform provides Australian Financial Services Licence (AFSL) holders a streamlined total managed solution to capital raisings and distribution of public and private offerings. Akela is a unique ‘Service Platform’ with Peer-to-Peer (P2P) community, Business-to-Business (B2B), ‘Know Your Client’ (KYC), Compliance and Data Collection & Analytics capabilities.

For further information, please contact: Shannon Coates Tel: (08) 9322 1587

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108 Outram Street, West Perth, WA 6005 PO Box 1974, West Perth, WA 6872 Tel: (08) 9486 7244 Fax: (08) 9463 6373