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FIRST LITHIUM LIMITED Capital/Financing Update 2022

Apr 28, 2022

64921_rns_2022-04-28_0544d4ae-4bb3-4741-b7bc-18558b468509.pdf

Capital/Financing Update

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29 April 2022

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ASX Announcement

ACN 009 081 770

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 Chairman)

Cameroonian Rutile and Heavy Mineral Sands Project Acquisition Update

Ookami Limited ( ASX: OOK ) ( Ookami or the Company ) is pleased to announce that 4 of the 6 permits comprising the Cameroonian Rutile and Heavy Mineral Sands Project to be acquired by the Company (as announced on the ASX on 22 April 2022[1] ), have now been granted.

The Company looks forward to keeping the market and its shareholders informed as it advances the proposed acquisition.

FURTHER INFORMATION

Joseph van den Elsen (Managing Director)

Emmanuel Correia (Non-Executive Director)

For corporate queries, please contact Joseph Van Den Elsen on +61 (03) 8630 3321

For other questions, you should consult your broker, solicitor, accountant, financial adviser, or other professional adviser.

Andrew Law (Non-executive Director)

-Ends-

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

Company Secretary: Justin Mouchacca

For more information, please contact:

Securities on Issue: 37,946,667 ordinary shares 3,500,000 unlisted options

Current Share Price – $0.175 (as at 28 April 2022)

Market capitalisation – $6.64m (at $0.175)

Cash at Bank – $4.46M (as at 31 December 21)

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

About Ookami Limited

The Company was readmitted to the Official List (ASX code: OOK) in July 2021 and is focused on the assessment and evaluation of its 100% owned Messok East Co-Ni Project and the Boulbi Permit Joint Venture (51% earning to 70%). The Company actively seeks to identify, assess and potentially acquire complementary opportunities.

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)

1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-025126356A1087711?access_token=83ff96335c2d45a094df02a206a39ff4