27 February 2017

Oakajee Corporation Limited

ACN 123 084 453

Registered Office

39 Clifton Street

NEDLANDS WA 6009

Telephone: +61 8 9389 6032 Facsimile: +61 8 9389 8226 Email: admin@oakajeecorp.com.au

Non-renounceable Rights Issue: Shortfall Notice

Oakajee Corporation Limited ("OKJ" or "the Company") advises that the Non-renounceable Option Rights Issue announced to the ASX on 22 December 2016 (the Offer) closed on 22 February 2017.

The Offer was made to Eligible Shareholders registered on the record date, to subscribe for the New Options at an issue price of $0.005 per New Option on the basis of one New Option for every three Existing Shares held.

Total applications for 8,223,412 New Options raising gross proceeds of $41,117 were received. The New options will be issued on 28 February 2017, as per the timetable for the Offer.

The results of the Offer are as follows:

Number of New Options available under the Offer

17,000,000

Number of New Options taken up

8,223,412

Shortfall

8,776,588

The Directors of the Company reserve the right to place the remaining shortfall at their discretion within 3 months of the close of the Offer.

The capital structure of the Company following the issue of the New Options will be:

Capital Structure

Shares

Options

Existing Securities

51,000,000

-

Issue of New Options

51,000,000

8,223,412

Total Securities on issue after the Offer

51,000,000

8,223,412

Yours faithfully,

Krystel Kirou Company Secretary

Oakajee Corporation Limited published this content on 27 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 March 2017 00:23:16 UTC.

Original documenthttp://www.oakajeecorp.com.au/pdfs/ASX OKJ Rights Issue_Shortfall Notice_Final.pdf

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