CENTAURUS METALS LIMITED — M&A Activity 2009

Dec 2, 2009

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SECURITIES EXCHANGE ANNOUNCEMENT

3 December 2009

POSTCARD DISPATCH - PROPOSED CENTAURUS MERGER

Following is a copy of a postcard dispatched to Centaurus Resources Limited (ASX: CUR) Shareholders and Optionholders today.

The Glengarry Directors urge all Centaurus holders to act promptly upon receipt of the Bidder’s and Target’s Statements for the Offers which are due to be dispatched next week, particularly with the holiday period approaching.

The Centaurus Directors unanimously recommend that Centaurus Shareholders and Centaurus Bid Optionholders accept the Offers, in the absence of a Superior Proposal. They have also advised Glengarry that, in the absence of a Superior Proposal, they will accept the Offers in respect of their own holdings.

For more information, please contact:

Darren Gordon Managing Director Glengarry Resources Limited +618 9322 4929

Shane Murphy / Paul Downie 0420 945 291 / 0414 947 129 FD Third Person +618 9386 123

GLENGARRY RESOURCES LIMITED ABN 40 009 468 099 Telephone: (08) 9322 4929 Facsimile: (08) 9322 5510 PO Box 975 West Perth WA 6872 35 Havelock Street West Perth WA 6005 Website: www.glengarry.com.au Email: info@glengarry.com.au

ACCEPT

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IMPORTANT information regarding your Centaurus shares or options is – on the way Please act quickly when you receive it

Dear Centaurus Resources holder,

On the 11[th] of November 2009, Glengarry and Centuarus announced their intention to merge.

Within the next week, you will receive important documentation relating to this merger – the Bidder’s Statement from Glengarry along with the Centaurus Target’s Statement.

If not delivered, please return to: PO Box 975, West Perth WA 6872

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The Bidder’s Statement will provide you with all the details of the Offers made by Glengarry to implement the merger, along with key reasons why you should accept the Offers.

The Centaurus Directors unanimously recommend that Centaurus Shareholders and Centaurus Bid Optionholders accept the Offers, in the absence of a Superior Proposal. They have also have advised Glengarry that, in the absence of a Superior Proposal, they will accept the Offers in respect of their own holdings.

The Offers from Glengarry will be scheduled to close in mid January 2010, when a number of Centaurus Resources holders may be on holiday.

Please act promptly once you receive the Bidder’s Statement and Target’s Statement and action the Offers before the holiday period.

Note to holders: The Bidder’s Statement contains important information. You should read it in its entirety before you decide whether or not to accept the Offers. If you are in doubt as to what to do, you should consult your legal, financial or other professional adviser.