FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Capital/Financing Update 2014

May 6, 2014

ASX ANNOUNCEMENT 7[th] May 2014

==> picture [170 x 27] intentionally omitted <==

==> picture [170 x 26] intentionally omitted <==

Tellus Resources Ltd is an Australianbased oil & gas and mineral exploration company with licences in South Australia, Queensland and New South Wales. The Company has oil interests in Utah, USA as well.

Expiry of Unlisted Options

Tellus Resources Limited (“ Tellus ” or “ Company ”) wish to advise that the following unlisted options over ordinary shares in the Company have expired unexercised:

Directors:

Robert Kennedy - Chairman Carl Dorsch - Managing Director Ben Salmon - Non-Executive Director Neil Young - Non-Executive Director

Exercise Price Expiry Date Number of Options $0.30 30 April, 2014 1,200,000

Issued Shares:

168,099,767 ordinary shares

Tellus Resources Ltd

ASX Code: TLU

T: +61 8 8100 9200 F: +61 8 8223 3235

Website:

www.tellusresources.com.au

Enquiries:

Tellus Resources Ltd Level 5, 70 Pirie St. (PO Box 190, Rundle Mall) Adelaide SA 5000 Attention: Carl Dorsch M: +61(0)400 508 088 Carl.Dorsch@tellusresources.com.au

TELLUS RESOURCES LTD - ASX Announcement

1