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TITOMIC LIMITED Capital/Financing Update 2020

Apr 14, 2020

65963_rns_2020-04-14_cf17b023-ff2d-4f65-9130-d2977aabaeea.pdf

Capital/Financing Update

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Video Update – March 2020

Melbourne, Australia, Wednesday 15[th] April 2020: Australian Industrial Scale Metal Additive Manufacturing Company, Titomic Limited (ASX: TTT) (“Titomic or “Company”), is pleased to provide its operations update video for March 2020 via the following link:

Update video: https://www.titomic.com/march-update-2020

Areas covered in the video update include:

  • Titomic completes oversubscribed $20M February capital raise;

  • Composite Technology for 2 TKF systems totaling $16.8M;

  • Titomic in strong position despite COVID-19 environment, cash reserves for up to 2 years;

  • Titomic working with Australian Government to build Australian Titanium metal supply chain;

  • Partnership with Ascent Aerospace, a world leader in $200B tooling market;

  • Partnership with Triton Systems to enter $60B US Department of Defence sector;

  • Airbus Purchase Order for Titomic Kinetic Fusion AM Parts;

  • Melbourne TKF Bureau operations continues to deliver defence and aerospace parts;

  • Titomic harnesses renewable energy following installation of 99kW solar system at the Melbourne TKF Bureau, saving 152 tonnes of CO[2] per year.

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Contacts:

Peter Vaughan Company Secretary & COB Ph: +61 (0)3 9822 2222 E: [email protected]

Media:

Trish Nicklin Titomic Media Manager Ph: +61 (0)2 9247 8533 / +61 (0)413 992 909 E: [email protected]

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About Titomic Limited:

Titomic Limited (ASX:TTT) is an Australian public company specialising in digital manufacturing solutions for industrial scale metal additive manufacturing using its patented Titomic Kinetic Fusion® (TKF) technology. The TKF technology provides unique capabilities for producing commercially viable additively manufactured metal products competing directly with traditional manufacturing methods. Titomic provides OEM production and R&D services from their TKF Smart Production Bureaus to the global Aerospace, Defence, Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic also provides an extensive range of metal powders for 3D Printing especially Titanium and super alloys whilst providing sales and support services for their TKF production systems.

For more information please visit: www.titomic.com

Forward-looking statements:

Certain statements made in this release are forward-looking statements and are based on Titomic’s current expectations, estimates and projections. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “guidance” and similar expressions are intended to identify forward-looking statements. Although Titomic believes the forward-looking statements are based on reasonable assumptions, they are subject to certain risks and uncertainties, some of which are beyond Titomic’s control, including those risks or uncertainties inherent in the process of both developing and commercialising technology. As a result, actual results could materially differ from those expressed or forecasted in the forward-looking statements. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Titomic will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

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