FIRST LITHIUM LIMITED — Capital/Financing Update 2018

Mar 25, 2018

INE COMPO

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LIMITED

ACN: 009 081 770

ASX ANNOUNCEMENT

26 March 2018

COMPANY UPDATE

Highlights

• Successful completion of allocation in Rafaella Resources Ltd (proposed ASX code: RFR)

• • Secured allocation in Metals 479 Limited (proposed ASX code: ML7) capital raising

• • Strong pipeline of offers under evaluation

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

Ookami’s wholly owned Akela Platform continues to generate revenue and secure quality offerings for its retail and sophisticated (s708) investors. During March 2018, Akela offered its clients the opportunity to participate in Rafaella Resources Ltd’s Initial Public Offering (IPO), with Akela closing its allocation heavily oversubscribed.

Akela has also secured an allocation in the prospectus capital raising for Metals 479 Limited (proposed ASX code: ML7), with the offer now open to both its retail and s708 clients.

Akela looks forward to continuing to advance its revenue opportunities with further quality offerings for its subscribers , with a strong pipeline of offers under evaluation.

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

Outlook

Ookami has engaged legal firm Hopgood Ganim as its advisors for the Company for matters surrounding the expansion of Ookami’s ecosystem as outlined in the Company’s presentation announced on 12 March 2018, with a particular focus on digital asset offerings.

The Directors of Ookami and Akela, continue to consider technologies and solutions deemed complementary to the Ookami ecosystem, and are continuing exploring such opportunities brought about via their deep industry connections.

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ACN: 009 081 770

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It is Ookami management’s view that blockchain technologies and cryptocurrencies will continue to become more mainstream as governments, Tier 1 companies and regulators (such as the ASX’s decision to move to a blockchain settlements solution) adopt the technologies. Consequently, Ookami expects increasing acceptance of products and transactions in this space and the implementation of appropriate regulatory regimes.

OOKAMI ECOSYSTEM

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The Company will update its shareholders as further information becomes available.

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For further information, please contact:

Corporate Advisors Otsana Capital 108 Outram Street West Perth WA 6005 Telephone: +61 8 9486 7244 www.otsana.com

About Ookami Limited

Ookami has a portfolio of synergistic companies that disrupt data and advertising markets, investment platforms, software as a service (SaaS) and digital asset applications.

Ookami is developing an ecosystem of advanced technology solutions encompassing ‘smart contracts’ and blockchain technologies, secure identity management and verification (‘Know Your Client’) (KYC) and anti-money laundering (AML) applications, data markets, advertising analytics, digital asset wallets and exchange platforms, digital asset solutions and security and encryption applications.

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 management 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), KYC) and compliance and data collection & analytics capabilities.

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

About Akela Mobile App

iOS and Android users have access to the Akela Platform mobile app via the App Store and Google Play. The app will be initially free for all users, but will require a membership with the Akela Platform to use. Once logged into the app, investors will be linked with their account. Your investment progress will be linked across any device that you log in from. The mobile app is another tool that the Akela Platform provides to give you the best investment experience on the web.

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About Brontech

Brontech is Sydney based company that is pioneering a blockchain backed platform for data exchange and identity management. The company is also building complementary proprietary applications to extract data from various sources and pack them into anonymized data products that are sold to corporations and SMEs as insights and research tools. In its diverse data product offering is also included the MyBron API that enables individuals and companies to exchange verified information in a Peer-to-Peer manner where the data is verified through the company’s proprietary identity verification protocol that pulls data from diverse set of sources.

Individuals and entities can find more information on Brontech’s products at www.bron.tech

National Currency eXchange (NCX)

NCX's vision is to be the worlds trusted digital asset exchange addressing many of the problems and risks evident in existing digital asset exchanges. NCX aims to promote a trusted, secure and robust digital asset exchange solution following “bank-like” checks and processes, adhering to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, including verification of customer ID prior to trading, whilst also providing exceptional customer service and user experience.

NCX's expertise lies in its ability to rapidly and securely utilise cutting edge technology development and infrastructure to greatly improve the current digital asset currency technology platform to add new features, rollout rapidly in multiple countries and maintain a secure and scalable operation.

NCX aims to operate a series of locally based crypto-currency exchange solutions in various jurisdictions commencing with Australia, Singapore and Hong Kong. Following the successful initial launch, NCX is poised to continue its global roll-out of locally based crypto-currency exchange solutions in Malaysia, Croatia and elsewhere.