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STELLAR RESOURCES LIMITED Board/Management Information 2020

Jan 29, 2020

65860_rns_2020-01-29_61f7782d-3ddf-45e4-a3a2-9b6da09c2fad.pdf

Board/Management Information

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30 January 2020

Capital Structure

Shares: 442,714,441 Share Price (SRZ): A$0.010 Listed Options: 59,142,857 Option Price (SRZO): A$0.001 Unlisted Options: 37,000,000

Commodity Tin Price: US$16,340/t Exchange Rate US$ 0.67

Main Shareholders European Investors 16.5% Capetown SA 14.1%

Board & Management Simon O’Loughlin Non-Executive Director Simon Taylor Non-Executive Director

Change of Auditor

Stellar Resources Limited (“Stellar” or the “Company”) (ASX: SRZ) advises that in accordance with Listing Rule 3.16.3, William Buck Audit (Vic) Pty Ltd (“William Buck”) has been appointed as auditor for the Company. This appointment follows the resignation of Deloitte Touche Tohmatsu (“Deloitte”), and ASIC’s consent to the resignation in accordance with s329(5) of the Corporations Act 2001.

The Company recently undertook an audit tender following a due corporate governance process in line with its policy regarding the regular review of its external auditor. The Company considered the size and operations of the Company and the Board believes that the appointment of William Buck is in the best interests of the Company and its shareholders.

In accordance with s327C of the Corporations Act 2001, William Buck will hold office until the next Annual General Meeting at which shareholders will formally approve the new auditor.

Thomas Whiting

Non-Executive Director

Gary Fietz Non-Executive Director

The Board of Directors would like to thank Deloitte for their past assistance and services provided to the Company.

Melanie Leydin Company Secretary

For and on behalf of the Board of Directors of Stellar Resources Limited.

For further details please contact:

Melanie Leydin Company Secretary Stellar Resources Limited Tel: 03 9692 7222 Email: [email protected] or visit our Website at: http://www.stellarresources.com.au

ASX Code: SRZ

ABN 96 108 758 961 Level 17, 530 Collins Street Melbourne Victoria 3000 Australia

Telephone +61 3 9692 7222 Facsimile +61 3 9077 9233

About Stellar:

Stellar Resources (SRZ) is an exploration and development company with assets in Tasmania. The company is advancing its high-grade Heemskirk Tin Project, located near Zeehan in Tasmania, and plans to become Australia’s second largest producer of tin.

www.stellarresources.com.au