CATALYST METALS LIMITED — Board/Management Information 2021

Aug 26, 2021

ASX ANNOUNCEMENT

27 AUGUST 2021

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CATALYST MANAGEMENT CHANGES

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Catalyst Metals Limited ( Catalyst or the Company ) (ASX: CYL ) is pleased to announce that effective 1 September 2021, experienced mining executive, Mr John McKinstry, will commence with Catalyst as General Manager Technical Services and Development. Mr McKinstry will primarily focus on the Bendigo scoping project and assisting at the Henty gold mine.

Mr McKinstry has extensive experience in open pit mining and underground mining and development and has held senior management positions in gold and base metal mines in Australia and overseas. His previous positions included CEO of North Queensland Metals where he managed the Pajingo mine and Managing Director of KalNorth Gold Mines. He has also managed the Mt Leyshon gold mines in Queensland, the Midas gold mine in Nevada, USA, the Martha gold mine in New Zealand, the Golden Grove base metal mine in Western Australia, the True North gold mine in Canada as well as having involvement in mining and development projects in Mt Isa, Kalgoorlie, Papua New Guinea, and West Africa. His most recent position was the General Manger – Operations for Round Oak Minerals.

Mr McKinstry holds a Bachelor of Engineering from University of Queensland and a Graduate Certificate in Business Administration from the Mt Eliza Graduate School in Victoria.

Additionally, Catalyst advises that Mr Bruce Robertson has advised that he will step down as CEO of the Company due to personal reasons and ongoing difficulties caused by the Covid-19 pandemic restricting his ability to travel and manage the operations of the business in Victoria and Tasmania from his base in rural New South Wales. The Board would like to thank Mr Robertson, who will serve his 3 month notice period, for the excellent job he did in managing the acquisition of the Henty Gold Mine since Catalyst took control of it in January 2021. Henty has performed admirably in the first two quarters of 2021 and the focus on mining and exploration are already delivering results to enhance the long term potential.

The Company thanks Mr Robertson for his contribution to Catalyst and wishes him well for the future.

Authorised for release by the Board of Catalyst Metals Limited

For further information contact:

Steve Boston Bruce Kay Chairman Technical Director Telephone: +61 409 574 515 +61 400 613 180

44 Kings Park Road, West Perth WA 6005 PO Box 778, Claremont WA 6910 Telephone: (61-8) 6263 4423 Facsimile: (61-8) 9284 5426 www.catalystmetals.com.au ABN 54 118 912 495