GREEN360 TECHNOLOGIES LIMITED — Capital/Financing Update 2016

Dec 18, 2016

- UPDATED STATEMENT PRO FORMA STATEMENT OF FINANCIAL POSITION

– (BASED ON ACTUAL FUNDS RAISED UNDER THE PROSPECTUS $3,500,000)

UltraCharge Limited (formerly Lithex Resources Limited) (ACN 140 316 463) ( Company ) sets out below the updated pro-forma statement of financial position based on the actual funds raised under the Prospectus of $3,500,000 as follows:

Notes	LTX Ultracharge Pro forma Pro forma
	Audited as at Audited as at adjustments after Offer
	30-Jun-16 30-Jun-16 A$3.5 million A$3.5 million
	A$ A$ A$
CURRENT ASSETS
Cash and cash equivalents 2	1,739,365 374,815 2,973,023 5,087,203
Trade and Other receivables	27,974 26,965 - 54,939
TOTAL CURRENT ASSETS	1,767,339 401,780 2,973,023 5,142,142
NON CURRENT ASSETS
Property plant & equipment	1,046 - - 1,046
Intangible assets	- 4,969,664 - 4,969,664
Other non current assets	- 17,527 - 17,527
TOTAL NON CURRENT ASSETS	1,046 4,987,191 - 4,988,237
TOTAL ASSETS	1,768,385 5,388,971 2,973,023 10,130,379
CURRENT LIABILITIES
Trade and other payables	17,268 - - 17,268
Other creditors	70,000 330,322 - 400,322
TOTAL CURRENT LIABILITIES	87,268 330,322 - 417,590
TOTAL LIABILITIES	87,268 330,322 - 417,590
NET ASSETS	1,681,117 5,058,649 2,973,023 9,712,789
EQUITY
Issued capital 3	9,850,645 4,102,737 (2,671,349) 11,282,033
Reserves 4	498,023 2,374,275 1,381,977 4,254,275
Accumulated losses 5	(8,667,551) (1,418,363) 4,262,395 (5,283,519)
TOTAL EQUITY	1,681,117 5,058,649 2,973,023 9,712,789

For and on behalf of UltraCharge Limited

Peter Webse Company Secretary

UltraCharge Limited ACN 140 316 463 T: +61 8 6377 8043 | A: Level 6, 105 St Georges Terrace, Perth WA 6000