AURIS MINERALS LIMITED — Capital/Financing Update 2021

Oct 27, 2021

28 OCTOBER 2021

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Despatch of Non-Renounceable Rights Issue Offer Documents

On 19 October 2021, Auris Minerals Limited (ABN 77 085 806 284) (Company) (ASX:AUR) announced that it would undertake a fully underwritten non-renounceable pro rata offer of 1 (one) New Option exercisable at $0.08 each on or before 30 November 2023 for every 1 (one) Share held by Eligible Shareholders registered at 5:00pm (WST) on the Record Date, at an issue price of $0.005 per New Option, to raise approximately $2.38 million before costs (Entitlement Offer) , and for the offer of the shortfall to the Entitlement Offer (Shortfall Offer) , (together, the Offers) .

The Offers are now open to all Eligible Shareholders who have a registered address within Australia or New Zealand (Eligible Shareholders) and who held shares at 5pm (WST) on Monday 25 October 2021 (Record Date). The Entitlement Offer will close at 5pm on 18 November 2021 (unless extended) .

Applications for securities under the Offers can be made by electronic funds transfer or BPAY.

The Company confirms that the Prospectus, together with personalised Entitlement and Acceptance Forms, have today been despatched to Eligible Shareholders.

Any questions concerning the Offer should be directed to the Company Secretary on +61 8 6268 2641 or general@aurisminerals.com.au.

This announcement has been approved by the Chairman.

-ENDS-

For and on behalf of the Board.

Neville Bassett Chairman

AURIS MINERALS LTD ABN 77 085 806 284 Lvl3 18 Richardson Street West Perth Western Australia 6005 | PO Box 298 West Perth WA 6872 T +61 8 6109 4333 | E general@aurisminerals.com.au | W aurisminerals.com.au