CENTAURUS METALS LIMITED — Board/Management Information 2017

Apr 2, 2017

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT & MEDIA RELEASE

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3 April 2017

CENTAURUS APPOINTS FORMER GRYPHON MINERALS MANAGING

DIRECTOR STEVE PARSONS AS NON‐EXECUTIVE DIRECTOR

Respected mining executive joins Centaurus ahead of pivotal gold drilling program in Brazil

Centaurus Metals (ASX Code: CTM) is pleased to announce that it has appointed highly respected Australian mining executive Steve Parsons to its board as a non‐executive Director.

Mr Parsons was the founding Managing Director of Gryphon Minerals, which he listed on the Australian Securities Exchange and grew into an ASX‐200 company.

During this time, he oversaw the discovery and delineation of a 3.6 million ounce resource at Banfora Gold Project in Burkina Faso and the subsequent takeover of the company for $100 million by a significant North American gold company in late 2016, crystallising significant value for shareholders.

Centaurus’s Chairman, Mr Didier Murcia, said the Company was delighted to have attracted someone of Mr Parsons’ calibre and reputation to join the board.

“Steve has a proven track record of mineral discoveries, corporate growth, international investor relations and creating shareholder wealth, and we are delighted that he has accepted our invitation to join the board as a non‐executive Director,” he said.

“As an experienced and highly capable geologist with an impressive discovery track record in the gold sector, Steve will bring some valuable insights to our upcoming exploration programs in Brazil, where we are gearing up to commence our maiden drill program at the Serra Misteriosa gold project towards the end of the month.

“Steve has already reviewed all the geological data for Serra Misteriosa and we are looking forward to his ongoing input and contribution to our exploration strategy as we move forward,” he added.

‐ENDS‐

Released by: Nicholas Read Read Corporate M: +61 419 929 046

On behalf of: Didier Murcia Chairman Centaurus Metals Limited T: +618 9420 4000

Australian Office Centaurus Metals Limited Level 3, 10 Outram St WEST PERTH WA 6005

Brazilian Office Centaurus Brasil Mineração Ltda Avenida Barão Homem de Melo, 4391 Salas 606 e 607 ‐ Estoril Belo Horizonte ‐ MG ‐ CEP: 30.494.275 BRAZIL

ASX: CTM ACN 009 468 099 office@centaurus.com.au Telephone: +61 8 9420 4000