CENTAURUS METALS LIMITED — Capital/Financing Update 2012

Feb 26, 2012

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27 February 2012

Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

CENTAURUS METALS LIMITED (ASX CODE: CTM) OPTIONS EXPIRED

We wish to advise that 187,500 options expired on 12 February 2012. The total number of options remaining is 16,606,250. The options by ASX Code are as follows:

	ASX CodeCTMAI (options expiring 17/07/2014)CTMAK (options expiring 19/03/2012)CTMAM (options expiring 20/11/2012)CTMAO (options expiring 15/12/2013)CTMAS (options expiring various dates)	Number937,50093,750187,500-15,387,500

Yours faithfully

CENTAURUS METALS LIMITED

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Geoff James Company Secretary

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