NOVIQTECH LIMITED — Capital/Financing Update 2020

Sep 3, 2020

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4 September 2020

Private Placement Successfully Completed to Raise $2.8 Million to Fund the

Roll-Out of the Decentralized Green Energy Marketplace

• TYMLEZ Group (ASX: TYM) has successfully completed a placement to institutions and professional investors with demand well exceeding the amount raised

• Several notable Green Energy & Impact funds have now joined the register

• The placement was extremely well supported, with the company receiving binding commitments to raise approximately $2.8 million (before costs) through the issue of 25,454,545 shares and 12,727,272 options at A$0.11 per share

• Peak Asset Management acted as lead advisor to the raise

TYMLEZ Group Limited (ASX: TYM) (“TYMLEZ” or “the Company”) is pleased to announce that it has received binding commitments to raise A$2.8 million (before costs) through the issue of 25,454,545 ordinary shares and 12,727,272 options at A$0.11 (11 cents) per share (the “Placement”). The funds raised in the Placement will principally be used to:

• Support new contracts and growth in Europe

• Expansion of our operations in Australia and drive the rollout of our P2P marketplace for the tracking and tracing of green energy units

• Hire Australian Manager and tech support staff

• Australian community engagement, project roll out and new customer engagement

Peak Asset Management acted as lead manager to the placement.

In addition, for every two (2) share subscribed for investors will receive one (1) free attaching TYMO listed option with an exercise price of $0.065 (6.5 cents) and an expiry date of 31 December 2023.

TYMLEZ Directors Daniel O'Halloran, Jitze Jongsma, Reinier van der Drift and Niv Dagan have subscribed for a combined $140,000 worth of shares and attaching options in the placement which will be issued subject to shareholder approval pursuant to ASX Listing Rule 10.11 at the Company’s next shareholders meeting.

The Company intends to issue the balance of shares and options under its placement capacity pursuant to ASX Listing Rule 7.1 and 7.1A (see Table 1). The allotment of the new placement shares and options is anticipated to occur on or around Wednesday 9 September.

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Table 1: Summary of Share Placement

ASX Listing Rule	PlacementCapacity	Shares to bePlaced	Options to bePlaced
LR 7.1	38,142,627	N/A	12,090,909
LR 7.1A	26,543,668	24,181,818	N/A
LR 10.11	N/A	1,272,727	636,363
Total	64,686,296	25,454,545	12,727,272

– ENDS –

Authorised by the Board of Directors

For further information:

Justyn Stedwell (03) 8395 5446

TYMLEZ

ACN 622 817 421 ASX:TYM Address: Suite 103, Level 1, 2 Queen Street, Melbourne VIC 3000

ABOUT TYMLEZ

TYMLEZ is an ASX listed enterprise software and technology company with a highly scalable, enterprise-grade solution, utilising the key features of the blockchain combined with open source software and TYMLEZ’s proprietary intellectual property. The TYMLEZ technology enables smart contract blockchain platforms customised for businesses and which can be deployed in minutes and or implemented via partners within an enterprise or across a consortium. The TYMLEZ technology meets key enterprise requirements of scale, robustness and security and can retrieve data from the customer’s legacy systems. This scalable platform which enables accelerated development, management, and deployment of enterprise blockchain applications.

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