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FIRST LITHIUM LIMITED Capital/Financing Update 2022

Jul 25, 2022

64921_rns_2022-07-25_48490be3-2fd2-49e6-bd20-18fdd1e339e2.pdf

Capital/Financing Update

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ASX Announcement 26 July 2022

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ACN 009 081 770

Issue of options

Registered Office: Level 21, 459 Collins Street Melbourne VIC 3000

Contact:

Phone: +61 (0)3 8630 3321 Email: [email protected]

Board of Directors: John Ciganek (Non-Executive Chair)

Joseph van den Elsen (Non-Executive Director)

Emmanuel Correia (Non-Executive Director)

Andrew Law (Non-Executive Director)

Company Secretary: Justin Mouchacca

Ookami Limited (ASX: OOK) (‘ Ookami ’ or ‘ the Company’ ) advises that it has issued 6 million options with an exercise price of $0.30 (30 cents) per option and exercisable on or before 8 July 2024 ( Options ) in accordance with shareholder approval sought at the Company’s general meeting of shareholder held on 5 July 2022.

The Company provides the attached Top 20 option holder and range of units report and it is noted that the Options are proposed to be quoted on ASX through the code ASX: OOKOB.

-Ends-

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

For more information, please contact:

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

Securities on Issue: About Ookami Limited 45,446,667 ordinary shares 3,900,000 unlisted options

Current Share Price – $0.14 (as at 26 July 22)

Market capitalisation – $6.4m (as at 26 July 22)

Cash at Bank – $5.64M (as at 31 March 22) *

Includes proceeds from ~$1.35m placement completed on 5 May 2022.

About Ookami Limited

Ookami Limited (ASX: OOK) is an ASX listed company focused on the exploration and development of resource projects in Africa. The Company’s current projects are:

  • Messok East Co-Ni Project

  • (located in Cameroon)

  • Boulbi Project (located in Senegal)

Level 5, 126 Phillip Street, Sydney NSW 2000

ABN: 27 152 260 814

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1300 288 664 (within australia) +61 2 9698 5414 (international) [email protected] www.automic.com.au

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GPO Box 5193, Sydney NSW 2001

Top Holders Report

Ookami Limited

Security Class(es): OOKOB - OPT EXP 08/07/2024 @ $0.30 Display Top: 20

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As at Date: 26-Jul-2022

Position Holder Name Holding % IC
1 INYATI FUND PTY LTD 2,166,667 36.11%
2 TELLARO PTY LTD <TELLARO A/C> 570,000 9.50%
3 ALITIME NOMINEES PTY LTD <HONEYHAM FAMILY A/C> 458,333 7.64%
4 CPS CAPITAL NO 5 PTY LTD 300,000 5.00%
5 DC & PC HOLDINGS PTY LTD <DC & PC NEESHAM SUPER A/C> 108,333 1.81%
6 WESTBELLE PTY LTD <THE STATION A/C> 92,593 1.54%
6 GODIN CORP PTY LTD <SEVEN A/C> 92,593 1.54%
6 OKAWARI CONSORTIUM PTY LTD <THE OKA T A/C> 92,593 1.54%
7 GLOBAL CONSORTIUM HOLDINGS PTY LTD <FTW HOLDINGS A/C> 92,592 1.54%
7 GOLDEN DAWN LIMITED 92,592 1.54%
8 FREYABEAR FHMN PTY LTD 76,667 1.28%
8 THE 5TH ELEMENT MCTN PTY LTD 76,667 1.28%
8 QUATTRO STAGIONE PTY LTD 76,667 1.28%
8 HONEYBEE ANHM PTY LTD 76,667 1.28%

Sydney Level 5 126 Phillip Street Sydney NSW 2000

Perth Level 2 267 St Georges Terrace Perth WA 6000

ABN: 27 152 260 814

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1300 288 664 (within australia) Level 5, 126 Phillip Street, +61 2 9698 5414 (international) Sydney NSW 2000 [email protected] GPO Box 5193, www.automic.com.au Sydney NSW 2001

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Position Holder Name Holding % IC
8 HUNTERLAND HJDN PTY LTD 76,667 1.28%
9 ANGKOR IMPERIAL RESOURCES PTY LTD <TURKISH BREAD S/F A/C> 58,333 0.97%
10 KOJIN PTY LTD 55,556 0.93%
10 SUNSET TIDAL PTY LTD <SUNSET TIDAL INVESTMENT A/C> 55,556 0.93%
11 PULNER PTY LTD <SATOBE A/C> 46,296 0.77%
11 DAVY CORP PTY LTD <DAVY INVESTMENT A/C> 46,296 0.77%
12 ROMFAL SIFAT PTY LTD <THE FIZMAIL FAMILY A/C> 42,593 0.71%
13 MR MICHAEL JAMES BOND <HENRY FLORENCE A/C> 37,037 0.62%
13 MRS VALERIA MARTINEZ VIADEMONTE 37,037 0.62%
13 PRINCETON CAPITAL (WA) PTY LTD <THE PRINCETON A/C> 37,037 0.62%
13 KALCON INVESTMENTS PTY LTD 37,037 0.62%
14 HYVA PTY LTD 33,333 0.56%
14 VELVET HEART PTY LTD 33,333 0.56%
14 KHE SANH PTY LTD <TRADING NO 2 A/C> 33,333 0.56%
14 WOLF LIKE ME PTY LTD 33,333 0.56%
14 ACACIA EQUITIES PTY LTD 33,333 0.56%
14 FLAVOCADO PTY LTD 33,333 0.56%
15 RENEWABLE HSE PTY LTD <HOADY FAMILY A/C> 30,000 0.50%
15 MRS GABRIELLE ANNE GROVES 30,000 0.50%
15 MRS EDILCE RIBEIRO BRAGA 30,000 0.50%

Perth Level 2 267 St Georges Terrace Perth WA 6000

Sydney Level 5 126 Phillip Street Sydney NSW 2000

ABN: 27 152 260 814

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1300 288 664 (within australia) Level 5, 126 Phillip Street, +61 2 9698 5414 (international) Sydney NSW 2000 [email protected] GPO Box 5193, www.automic.com.au Sydney NSW 2001

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Position Holder Name Holding % IC
15 MRS NATALIE ELLEN NEESHAM 30,000 0.50%
15 VENTURE NINE PTY LTD 30,000 0.50%
15 MRS KATHLEEN MARY NEESHAM 30,000 0.50%
16 MR SCOTT ROBERT WEIR <THE S R INVESTMENT A/C> 27,778 0.46%
16 ROWAN HALL PTY LTD <ROWAN HALL INVESTMENT A/C> 27,778 0.46%
17 CERTANE CT PTY LTD 27,500 0.46%
18 FLUE HOLDINGS PTY LTD 25,000 0.42%
18 MR THOMAS FRANCIS CORR 25,000 0.42%
18 MR SCOTT DEAKIN <DEAKIN FAMILY A/C> 25,000 0.42%
19 MR NATHAN CARATTI 23,426 0.39%
20 MS YVONNE ANNE NICHOLAS 23,148 0.39%
20 ARMS CAPITAL PTY LTD 23,148 0.39%
TOTALS 5,510,185 91.84%
Total Issued Capital 6,000,000 100.00%

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Report generated on 26-Jul-2022 at 01:36 PM

Sydney Level 5 126 Phillip Street Sydney NSW 2000

Perth Level 2 267 St Georges Terrace Perth WA 6000

ABN: 27 152 260 814

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1300 288 664 (within australia) +61 2 9698 5414 (international) [email protected] www.automic.com.au

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Level 5, 126 Phillip Street, Sydney NSW 2000

GPO Box 5193, Sydney NSW 2001

Holdings Range Report

Ookami Limited

Security Class(es): OOKOB - OPT EXP 08/07/2024 @ $0.30

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As at Date: 26-Jul-2022

Holding Ranges Holders Total Units % Issued Share Capital
above 0 up to and including 1,000 0 0 0.00%
above 1,000 up to and including 5,000 0 0 0.00%
above 5,000 up to and including 10,000 5 47,777 0.80%
above 10,000 up to and including 100,000 70 2,348,890 39.15%
above 100,000 5 3,603,333 60.06%
TOTALS 80 6,000,000 100.00%

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Report generated on 26-Jul-2022 at 01:35 PM

Perth Level 2 267 St Georges Terrace Perth WA 6000

Sydney Level 5 126 Phillip Street Sydney NSW 2000