CENTAURUS METALS LIMITED — Share Issue/Capital Change 2020

Feb 26, 2020

Notification of Consolidation/Split

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Announcement Summary

Entity name

CENTAURUS METALS LIMITED

Applicable security for the reorganisation

CTM ORDINARY FULLY PAID CTMAS OPTION EXPIRING VARIOUS DATES VARIOUS PRICES CTMAT PERFORMANCE RIGHTS CTMOC OPTION EXPIRING 31-MAY-2021

Announcement Type

New Announcement

Date of this announcement Thursday February 27, 2020

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis Thursday April 2, 2020

Record Date

Friday April 3, 2020

Issue Date

Tuesday April 14, 2020

Additional Information

No additional information

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

CENTAURUS METALS LIMITED

1.2 Registered Number Type Registration Number ACN 009468099

1.3 ASX issuer code

CTM

1.4 The announcement is New announcement

1.5 Date of this announcement

Thursday February 27, 2020

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description CTM ORDINARY FULLY PAID CTMAS OPTION EXPIRING VARIOUS DATES VARIOUS PRICES CTMAT PERFORMANCE RIGHTS CTMOC OPTION EXPIRING 31-MAY-2021

Part 2 - Approvals

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Notification of Consolidation/Split

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• 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

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Yes

2.2 Approvals

Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval Tuesday March 31, 2020 Estimated No

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Friday April 3, 2020

3.2 Date of +security holder meeting

Tuesday March 31, 2020

3.2a Effective date of consolidation or split

Tuesday March 31, 2020

3.3 Last day for trading in the pre consolidation or split +securities

Wednesday April 1, 2020

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Thursday April 2, 2020

3.5 Record date

Friday April 3, 2020

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Monday April 6, 2020

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Tuesday April 14, 2020

3.8 Trading starts on a normal T+2 basis

Wednesday April 15, 2020

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Notification of Consolidation/Split

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3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Friday April 17, 2020

Part 4 - Event type and details

4.1 The event is +Security consolidation 4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 15 (pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
CTM	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split	Estimated
	3,790,971,362	252,731,424
ASX +Security Code	ASX +Security Description
CTMAS	OPTION EXPIRING VARIOUS	DATES VARIOUS PRICES
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	109,841,904	7,322,794
ASX +Security Code	ASX +Security Description
CTMAT	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	90,000,000	6,000,000

Notification of Consolidation/Split

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Notification of Consolidation/Split

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ASX +Security Code	ASX +Security Description
CTMOC	OPTION EXPIRING 31-MAY-2021
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Quoted	consolidation or split	consolidation or split		Estimated
	434,100,000	28,940,000
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
CTMAS	OPTION EXPIRING VARIOUS	DATES VARIOUS PRICES
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Unquoted	split		split
	$ 0.00000000		$ 0.00000000
ASX +Security Code	ASX +Security Description
CTMAT	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Unquoted	split		split
	$ 0.00000000		$ 0.00000000
ASX +Security Code	ASX +Security Description
CTMOC	OPTION EXPIRING 31-MAY-2021
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Quoted	split		split
	$ 0.01200000		$ 0.18000000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

No further information

6.2 Additional information for inclusion in the Announcement Summary

No additional information

Notification of Consolidation/Split

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