CENTAURUS METALS LIMITED — Capital/Financing Update 2019

Mar 26, 2019

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

• 27 March 2019

The Manager Company Announcements Office Australian Securities Exchange Limited

INFORMATION REQUIRED UNDER ASX LISTING RULE 3.10.5A

Further to the Appendix 3B lodged on 27 March 2019 for the issue of 400,000,000 fully paid ordinary shares (“Placement”), Centaurus Metals Limited (ASX: CTM) provides the following information as required under ASX Listing Rule 3.10.5A.

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

Number of shares on issue prior to the Placement: 2,304,982,165

Number of shares on issue prior to the Placement: 2,304,982,165
Placement issue under ListingRule 7.1(169,501,784 shares)	7.3%
Placement issue under ListingRule 7.1A(230,498,216 shares)	10.0%
Total dilution as a result of the Placement(400,000,000 shares)	17.3%

Number of shares on issue following the Placement: 2,704,982,165

• (b) The Company issued shares under Listing Rule 7.1A as it considered the Placement as the most cost efficient and expedient method for raising funds at the time.

• (c) The Placement was not underwritten.

• (d) Pinnacle Equities were Lead Manager to the raise. They will be paid a 1% management fee on all funds raised and a 5% raising fee for all monies arranged and placed by them. They will also receive as part of their fee structure 30 million options in the Company with an exercise price of 1.2 cents and expiry date of 31 May 2021. The issue of the options is subject to shareholder approval which will be sought at the Company’s AGM to be held before the end of May 2019. Listing of the options will be sought subject to meeting ASX and ASIC requirements.

Yours faithfully,

CENTAURUS METALS LIMITED

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Paul Bridson Company Secretary

Australian Office	Brazilian Office	ASX: CTM
Centaurus Metals Limited	Centaurus Brasil Mineração Ltda	ACN 009 468 099
Level 3, 10 Outram St	Avenida Barão Homem de Melo, 4391	office@centaurus.com.au
WEST PERTH WA 6005	Salas 606 e 607 ‐ Estoril	Telephone: +61 8 6424 8420
	Belo Horizonte ‐ MG ‐ CEP: 30.494.275
	BRAZIL