FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Regulatory Filings 2013

Aug 8, 2013

ASX ANNOUNCEMENT ‐ 9 August 2013

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ASX RELEASE

Tellus Resources Ltd is an Australian‐based mineral exploration company.

Tellus purchased The Chillagoe Gold Project in 2012 which includes Exploration Permits covering a combined area of ~57,411 hectares plus Mining Leases covering a combined area of approx. 480 hectares, including the Wandoo & Empire prospects.

ASX WAIVER

Tellus Resources Limited (ASX:TLU) (TLU or Company) is pleased to announce that it has been granted a waiver by ASX to Listing Rule 14.7 in relation to the issue of securities to related parties of the Company.

At the Company’s Extraordinary General Meeting held on 10 July 2013 (EGM), shareholders of the Company approved, amongst other things, the issue of:

• (a) up to 2,037,573 fully paid ordinary shares to Asia Pacific Mining Capital Pte Limited

• (b) up to 2,445,087 fully paid ordinary shares to Paragon Group Holdings Limited

• (c) up to 475,434 fully paid ordinary shares to Rich Peak Enterprises Pty Limited;

(the “Consideration Securities”).

In addition Tellus has a large tenement package in regional New South Wales prospective for Intrusive Related Gold Deposits (IRG).

A key part of the Company's strategy is to actively pursue the acquisition of, and/or participation in additional advanced resource projects. This has resulted in an agreement to acquire PNC Aust Pty Ltd which holds oil and gas assets in the Cooper Basin.

Directors/Officers: Anthony Wehby Stephen Woodham Richard Willson Ben Salmon Anne Adaley

Issued Shares and Options:

44,380,555 shares 6,000,000 unlisted options

Tellus Resources Ltd ASX Code: TLU

Each of Asia Pacific Mining Capital Pte Limited, Paragon Group Holdings Limited and Rich Peak Enterprises Pty Limited are related parties of the Company.

The Company was granted a waiver by ASX in relation to Listing Rule 14.7 to conditionally allow the Company to issue the Consideration Securities later than 1 month after the date of the EGM. The waiver was granted on the following conditions:

1. The Considerations Securities are issued no later than 23 August 2013 and otherwise on the same terms and conditions approved by shareholders at the EGM; and

2. The terms of the waiver are immediately released to the market.

For further information on this announcement or Tellus Resources please contact:

Stephen Woodham Anne Adaley Managing Director Company Secretary & Chief Financial Officer T: 0417 293 449 T: 02 9231 6231 E: stephen.woodham@tellusresources.com.au E: anne.adaley@tellusresources.com.au

About Tellus

Tellus Resources Ltd is an ASX‐listed mineral exploration company focused on generating value for its shareholders by identifying and acquiring properties and projects that have significant discovery and development potential.

Tellus has acquired a large tenement package in northern Queensland and regional New South Wales prospective for Intrusive Related Gold Deposits (IRG). The strategic objectives of the Company are to enhance Shareholder wealth through implementing exploration programs on its existing projects. Tellus has continued to evaluate additional exploration and value‐accretive opportunities within Australia and internationally leading them to the acquisition of PNC AUST Pty Ltd.

T: +61 2 9231 6231 F: +61 2 9231 6687

TELLUS RESOURCES LTD ‐ ASX Announcement

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