CODRUS MINERALS LIMITED — Share Issue/Capital Change 2022

Nov 24, 2022

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Issue of Shares and Cleansing Notice

Codrus Minerals Limited (ASX: CDR) (“ Codrus ” and “ Company ”) advises that 430,000 ordinary fully paid shares were issued at $0.07 per share to Talgomine Minerals Pty Ltd as per the terms of the Agreement as announced to the ASX on 23 November 2022 (“ Shares ”).

Cleansing Notice

Codrus issued the Shares without disclosure under section 708A(5) of the Corporations Act 2001 (Cth) (Act) and, in accordance with Section 708A(6) of the Act, gives notice under paragraph 708A(5)(e) that:

1. The shares were issued without disclosure under Part 6D.2 of the Corporations Act;

2. As at the date of this notice:

   • a. The Company has complied with the provisions of Chapter 2M of the Corporations Act as it applies to the Company

   • b. the Company has complied with section 674 of the Corporations Act; and

   • c. there is no excluded information within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed under section 708A(6)(e) of the Corporations Act.

For and on behalf of the Board.

Ends.

Jamie Byrde

Non-Executive Director and Company Secretary

PO Box 1175, West Perth, WA, 6872 ACN 600 818 157

T: +61 8 6424 9017 E: admin@codrusminerals.com.au W: codrusminerals.com.au

ASX | CDR

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