FIRST LITHIUM LIMITED — Capital/Financing Update 2021

May 19, 2021

20 May 2021

==> picture [180 x 36] intentionally omitted <==

ENGINE COMPO

==> picture [125 x 10] intentionally omitted <==

==> picture [36 x 10] intentionally omitted <==

==> picture [36 x 11] intentionally omitted <==

==> picture [30 x 11] intentionally omitted <==

==> picture [24 x 10] intentionally omitted <==

==> picture [27 x 10] intentionally omitted <==

==> picture [26 x 10] intentionally omitted <==

==> picture [17 x 10] intentionally omitted <==

==> picture [29 x 10] intentionally omitted <==

==> picture [24 x 11] intentionally omitted <==

==> picture [27 x 11] intentionally omitted <==

==> picture [26 x 11] intentionally omitted <==

==> picture [41 x 10] intentionally omitted <==

==> picture [21 x 10] intentionally omitted <==

ASX ANNOUNCEMENT

OOK Capital Raising Fully Subscribed

Ookami Limited ( ASX: OOK ) ( Ookami or the Company ) is pleased to announce that in accordance with the timetable included in the Company’s Replacement Prospectus dated 23 April 2021, the capital raising, comprised of a $4,500,000 Public Offer and a $1,277,773 Priority Offer, has closed fully subscribed.

Any necessary refunds will be implemented in accordance with the terms outlined in the Replacement Prospectus.

The Company continues to work through the conditions precedent to settlement of the acquisition of the Boulbi and Messok East Projects and the re-listing of the Company’s shares, in consultation with the ASX.

The Board wishes to thank all shareholders and applicants who participated in the Capital Raising for their support.

• Ends -

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

For more information, please contact:

Joseph van den Elsen Managing Director

P: +61 (0)3 8630 3321