FIRST LITHIUM LIMITED — Capital/Financing Update 2021

Sep 19, 2021

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Level 21 459 Collins Street Melbourne VIC 3000

ACN: 009 081 770

E cosec@ookami.com.au P +61 3 8630 3321

Ookami.com.au

ASX ANNOUNCEMENT 20 September 2021

Small Shareholding Sale Facility Update

On 3 August 2021 Ookami Limited ( ASX: OOK ) ( Ookami or the Company ) announced that it had established a small shareholding sale facility ( Sale Facility ) for shareholders whose holding of fully paid ordinary shares in the Company ( Shares ) had a market value of less than A$500 (being less than a marketable parcel as defined in the ASX Listing Rules).

The Sale Facility provided the opportunity for those shareholders who held less than A$500 of Shares as at 2 August 2021 ( Record Date ) to dispose of their Shares cost effectively, without incurring brokerage or other transaction costs, whilst also allowing the Company to reduce the costs associated with servicing smaller shareholdings.

Following closure of the Sale Facility, a total of 372,573 Shares held by 1,569 Shareholders who elected not to retain their Shares will now be sold, with the proceeds remitted to these Shareholders free from brokerage and transaction costs.

-Ends-

This announcement has been approved for release by the Board of OOK.

For more information, please contact:

Joseph van den Elsen Managing Director P: +61 (0)3 8630 3321

Investor enquiries Justin Mouchacca Company Secretary P: +61 (0)3 8630 3321

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