CENTAURUS METALS LIMITED — Share Issue/Capital Change 2011

Oct 17, 2011

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

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18 October 2011

CONSOLIDATION OF CAPITAL – SECURITIES ON ISSUE

Centaurus Metals Limited (ASX: CTM) (Company) advises that following shareholder approval given on 22 September 2011 to consolidate the Company’s capital on a 1-for-8 basis (Consolidation), today is the last day for trading on a post-consolidation deferred settlement basis under the ASX Code CTMDA and new holding statements will dispatched to shareholders.

From 19 October 2011, Centaurus shares will resume normal trading following the share consolidation under the ASX code CTM. Settlement of all trades conducted on a deferred settlement basis and first settlement of trades conducted on a normal (T+3) basis will take place on 24 October 2011.

Centaurus advises that the number of securities on issue (post-consolidation) is as follows:

Quoted:

CTM – Ordinary Fully Paid – 133,500,382 (post-consolidation).

Unquoted:

CTMAI – Options expiring 17 July 2014 – 1,000,000 (post-consolidation) exercisable at various prices. CTMAK – Options expiring 19 March 2012 – 93,750 (post-consolidation) exercisable at various prices. CTMAM – Options expiring 20 November 2012 – 187,500 (post-consolidation) exercisable at various prices. CTMAO – Options expiring 15 December 2013 – 125,000 (post-consolidation) exercisable at various prices. CTMAS – Options expiring various dates – 16,133,674 (post-consolidation) exercisable at various prices.

If you have any questions about the Consolidation, please contact Advanced Share Registry on (+61-8) 9389 8033.

-ENDS-

Released By:

Mr Geoff James CFO/Company Secretary Centaurus Metals Limited Tel: (+61-8) 9420 4000

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