CAPRICORN METALS LTD — Board/Management Information 2017

May 11, 2017

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ASX ANNOUNCMENT 12 May 2017

Australian Securities Exchange Code: CMM

ABN: 84 121 700 105

Board of Directors:

COMPANY SECRETRY

Mr Graeme Boden has resigned his position as Joint Company Secretary after serving since September 2012. Capricorn Metals thanks Mr Boden for his service during this time of transition for the Company.

Mr Jonathan Shellabear, Chief Financial Officer, has been appointed as Joint Company Secretary with Mrs Natasha Santi who is continuing in the role.

For and on behalf of the Board

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Heath Hellewell Executive Chairman

Mr Heath Hellewell Executive Chairman

Mr Guy LeClezio Non-Executive Director

Mr Stuart Pether Non-Executive Director

For further information, please contact:

Mr Heath Hellewell, Executive Chairman Email: enquiries@capmet.com.au Phone: (08) 9384 3284

Issued Capital:

Shares 572.4M Options 46.3M Share Price A$0.097 Market Cap. A$55.5m

EXPLORATION OFFICE: 1 Coventry Parade North Fremantle, WA 6159

REGISTERED OFFICE:

15 Lovegrove Close Mount Claremont, WA 6010

T +61 8 9384 3284 F +61 8 9284 3801

E enquiries@capmet.com.au www.capmetals.com.au