CENTAURUS METALS LIMITED — Capital/Financing Update 2014

Apr 9, 2014

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

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10 April 2014

The Manager Company Announcements Office Australian Securities Exchange Limited

INFORMATION REQUIRED UNDER ASX LISTING RULE 3.10.5A

Further to the Appendix 3B released on 10 April 2014 for the issue of 40,000,000 fully paid ordinary shares raising $5 million under the share placement announced on 4 April 2014 (“Placement”), Centaurus Metals Limited (“Company”) [ASX: CTM] provides the following information required under ASX Listing Rule 3.10.5A.

• (a) The dilution to existing shareholders as a result of the Placement is as follows:

ASX Listing Rule	Shares Issued	Dilution
Issue under ListingRule 7.1	29,362,188	15.00%
Issue under ListingRule 7.1A	10,637,812	5.43%
Total	40,000,000	19.43%

• (b) The Company issued shares under Listing Rule 7.1A as it considered the Placement as the most efficient and expedient method for raising the funds required to achieve its stated objectives. The Company has announced a share purchase plan to provide eligible existing shareholders with the opportunity to subscribe for additional shares at the same price offered to investors under the Placement ($0.125 per share).

• (c) The Placement was not underwritten.

• (d) Canaccord Genuity (Australia) Limited acted as lead manager for the Placement and was paid a placement fee of $183,125 in connection with the Placement.

Yours faithfully,

CENTAURUS METALS LIMITED

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Geoff James Company Secretary

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