DC TWO LIMITED(DC2)

name changed to Adisyn Ltd

The suspension of trading in the securities of DC Two Limited will be lifted immediately following the release by DC2 of an announcement regarding its capital raising.

DC Two has strengthened its commercial foundation and received binding commitments to raise A$1,000,000 at $0.039 per share, via a two-tranche placement to sophisticated and institutional investors. The company is also undertaking a Share Purchase Plan to raise up to a further A$1,000,000 (with the ability to accept oversubscriptions), with eligible shareholders able to acquire shares at the same offer price per share as the placement. Proceeds will be used to accelerate recurring revenue, offer additional flexibility to pursue growth opportunities, and execute a comprehensive investor engagement strategy aimed to increase the Company's value and liquidity. Significant cost efficiencies have recently been achieved, resulting in an estimated A$500,000 per year reduction in overall costs. A full internal restructure has also re-aligned focus towards growing revenue at the Bibra Lake data centre.

The securities of DC Two Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DC2, pending the release of an announcement regarding its proposed capital raising.

The suspension of trading in the securities of DC Two Limited will be lifted immediately, following the release by DC2 of an announcement regarding a capital raising and board changes.

The company releases a notification of cessation of securities.

The company releases a notice of proposed issue of securities.

DC Two announces a strategic shift in operations that will focus on improving cost efficiencies, bolstering and incentivising teams, identifying margin rich revenue opportunities, and maximising revenue from current assets. DC Two will enter the cryptocurrency sector by purchasing, installing and running equipment to mine bitcoin and other cryptocurrency at its Bibra Lake data centre. Signed a Strategic Alliance (SA) with Attained Group Pty Ltd to cross sell each other's products and services. This will allow DC Two to offer professional IT and technology services - an area which will fill a gap in the Company's offering. Convertible note offering provides robust funding of $1.75m across two Tranches. Binding commitments for A$502,500 for Tranche 1 and seeking shareholder approval for an additonal A$1.25m in Tranche 2 commitments. Capital raising strongly supported by existing shareholders and Directors of DC2. The funding will ensure DC Two has a strong commercial foundation, and will provide a robust balance sheet to support its growth ambitions for a significant period of time. Included in Tranche 2 and subject to shareholder approval, directors of DC Two have agreed to convert their existing loans to convertible notes on the same terms, illustrating confidence in the business and enabling more funds to be directed towards growth initiatives. "¢ Chief Technology Officer, Justin Thomas and Operations Manager, Rebecca Thomas have agreed to voluntarily cancel 5,000,000 performance rights to improve future dilutionary impacts for all shareholders.

The securities of DC Two Limited will be suspended from quotation from the commencement of trading on Friday, 29 April 2022 under Listing Rule 17.2, at the request of DC2, pending the release of an announcement regarding a capital raising and board changes.

listed entity carried for record purposes only