CENTAURUS METALS LIMITED — Director's Dealing 2016

May 2, 2016

Appendix 3Y – Centaurus Metals Limited Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Centaurus Metals Limited ABN 40 009 468 099

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Darren Peter Gordon
Date of last notice	4 March 2016

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	The Gordon Family TrustThe D&N Gordon Superannuation FundDarren Peter Gordon is a trustee and beneficiary.
Date of change	2 May 2016
No. of securities held prior to changeIndirect	21,248,316 ordinary shares2,116,666 listed options
Class	Ordinary shares
Number acquired	1,333,333
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation.	$8,000
No. of securities held after changeIndirect	22,581,649 ordinary shares2,116,666 listed options
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestmentplan, participation in buy-back.	Ordinary shares issued to Managing Director in lieu ofcash salary remuneration as per Shareholder Approvaldated 8 October 2015

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y – Centaurus Metals Limited Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts – Not applicable

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed. Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation. Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above	No
traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

Date of Notice: 3 May 2016

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2