UNION STAR METALS LTD — Capital/Financing Update 2017

Apr 20, 2017

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(ASX: THD)

ASX Announcement

21[th] April 2017

Thred V1 Launch to Include Powerful Channels Feature

Highlights:

• Thred has completed development of its V1 Channel functionality

• V1 Launch will include a feature rich channel functionality (up to 30 channel feeds)

• Features include Social Media integration, user driven media feeds and premium content, allowing for eventual subscribed content from large digital & traditional media companies

• Latest animated UI/design is available to view @THREDasx

Channels functionality in V1 release

Following market and user research over the preceding months, Thred has determined that a flexible channel model is a critical feature set for users of messaging and social platforms.

Thred’s own research validates external evidence that target consumers increasingly seek to consume their news, entertainment, sports and lifestyle media, social media interactions, and the use of a variety of apps from their favourite digital devices.

In response to this particularised feedback, Thred has fasttracked and enhanced its channel functionality and strategy , essentially bringing forward core channel functionality into its launch version, which is on schedule for late April / early May.

Thred’s channel functionality essentially allows users (‘threders’) to connect a variety of media, music, video, entertainment, sport or their most commonly accessed content within Thred.

Thred’s channel feeds are tagged into logical groups or categories which allow users to choose the media they wish to consume, snack or share. The inclusion of channel functionality underpins the obvious advantage of not needing to tile or toggle around a device to find, consume and share content … “it is integrated into Thred”

Importantly, this functionality will allow users to access social Apps like Facebook, Twitter and Instagram directly from within Thred, although V1 will initially contain only Instagram with the others to follow.

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Initially, consumers will be able to share content from these feeds with their already aggregated connections within Thred. In further releases the Company anticipates additional functionality to allow users to post back to these social feeds from their ‘threds’.

a: 8/55 Hampden Road, Nedlands WA 6009 m: PO Box 994, Subiaco WA 6904

t: +61 8 9389 5885 e: ir@thred.im

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In addition to social feeds, Thred channel functionality will allow users to access, by category, a wide variety of media or service content, with ease and simplicity. Consumer feedback from external user trials is influencing logical channel category developments. The following are such examples:

• Sports & Entertainment App integration & media feeds

• Business & work App integration & media feeds

 Commerce App integrations , like Gumtree & Amazon

• Wagering or Gaming Apps , like Sportsbet & Strike

• Music & streaming Apps , like Spotify & Pandora

• Dating and social Apps , like RSVP & eHarmony  Traditional News sites , like BBC, CNN, ABC,  Social Media streaming , FB, Twitter, Snapchat etc.

The integration of Apps into these categories is always subject to App owner approval and user needs.

The underlying power of Thred channel functionality is the innate ability to simply access this user driven content from one place, ‘a Thred’, while facilitating the sharing and curation of almost any content with a ‘users’ connections, networks, friends or colleagues.

The embodiment of user driven channels with unified messaging, in Thred, will also facilitate multiple and additional revenue generation opportunities that will complement the Company’s other monetisation plans. The Company also believes this will enhance user adoption of Thred and underpin our vision of being the most useful and used App in market.

The release of channels in the V1 launch will contain basic, but functional aspects which will be upgraded and improved with future releases and updates from the App stores.

Social Media Policy

We believe in providing the highest levels of communications, and while the ASX remains the platform for market sensitive releases, we encourage all shareholders to follow Thred on Twitter @THREDasx.

For more information, please contact:

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Geoff Marshall or Chris Adams
Managing Director Director
geoffm@thred.im chrisa@thred.im
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About Thred: Thred Limited (ASX: THD) has developed a globally relevant software platform that seamlessly provides unified social messaging, along with content creation and sharing, in one simple and intuitive consumer App. Thred uniquely delivers the ability for consumers to unite their messaging, mail, connections, SMS and more, into one simple ‘thred’ where they can connect, talk, transact, play, attach, watch, buy and listen with awesome simplicity and relevance.

Thred aggregates incumbent social, mail, content, media and 3[rd] party transactional platforms, empowering a universal, unified and amazingly simple place to connect with anyone, anywhere, anytime, regardless of what platform they’re on. Thred facilitates cross platform communications with ease and steps this up a gear by putting all device and media tools in one unique and powerful ‘ thred’ . Thred is powering through its beta launch phases in preparation for its global launch in iTunes & Play Store. Thred will compete on the world-stage, delivering integrations that include Facebook, Twitter, Instagram, LinkedIn, Uber, Microsoft, Google, Airbnb and more.

a: 8/55 Hampden Road, Nedlands WA 6009 m: PO Box 994, Subiaco WA 6904

t: +61 8 9389 5885 e: ir@thred.im

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FORWARD LOOKING STATEMENTS

The material in this document has been prepared by Thred and is general background information about Thred’s activities. The material may contain forward looking statements including statements regarding Thred’s current situation, intent or current expectations with respect to Thred’s business.

While Thred has taken all reasonable care in compiling and producing the material, the material has not been verified; is given in summary form and any forecasts and hypothetical examples may be subject to uncertainty and contingencies outside Thred’s control.

a: 8/55 Hampden Road, Nedlands WA 6009

t: +61 8 9389 5885 e: ir@thred.im

m: PO Box 994, Subiaco WA 6904