both major producers and market destinations for critical minerals may materially affect commodity prices and project 
financing conditions. While presenting risks, such changes may also create strategic opportunities. 
4.11 Market Announcements 
This report contains information extracted from a number of cross referenced ASX market announcements made by the 
Company. 
The Company confirms that it is not aware of any new information or data that materially affects the information included 
in the original market announcements and, in the case of estimates of mineral resources and ore reserves, that all material 
assumptions and technical parameters underpinning the estimates in the original market announcements continue to apply 
and have not materially changed. The Company confirms that the form and context in which the competent persons’ findings 
were presented have not been materially modified from the original announcements. 
5 
Significant Changes in the State of Affairs 
In the opinion of directors, other than as outlined in this report, there were no significant changes in the state of affairs of 
the Group that occurred during the financial year under review. 
6 
Principal Activities 
During the period the principal activities of the Group consisted of exploration, evaluation and development activities 
related to mineral resource projects in Brazil. During the year, the Group progressed its Jaguar Nickel Sulphide Project from 
exploration and evaluation into the development phase. Accordingly, there was a change in the nature of the Group’s 
activities to include mine development activities.  
7 
Events Subsequent to Reporting Date 
There has not arisen, in the interval between the end of the financial year and the date of this report an item, transaction 
or event of a material and unusual nature likely, in the opinion of the directors of the Company, to affect significantly the 
operations of the Group, the results of those operations, or the state of affairs of the Group, in future financial years. 
8 
Likely Developments 
Other than likely developments contained in the “Operating and Financial Review” and “Events Subsequent to Reporting 
Date” sections, further information on likely developments in the operations of the Group and the expected results of 
operations have not been included in this report because the directors believe it would be likely to result in unreasonable 
prejudice to the Group. 
9 
Environmental Regulation 
The Group is subject to environmental laws and regulations under Brazilian (state and federal) legislation depending on the 
activities undertaken.  Compliance with these laws and regulations is regarded as a minimum standard for the Group to 
achieve.  There were no known breaches of these regulations during the year. 
10 
Dividends 
No dividend was declared or paid by the Company during the current or previous year. 
11 
Directors’ Interests 
The relevant interest of each director in the shares and options over such shares issued by the companies within the Group 
and other related bodies corporate, as notified by the directors to the ASX in accordance with S205G (1) of the Corporations 
Act 2001, at the date of this report is as follows: 
Directors 
Ordinary 
Shares 
Options 
Mr D M Murcia 
2,521,967 
- 
Mr D P Gordon 
7,921,286 
2,821,058 
Mr B R Scarpelli 
1,663,784 
1,357,863 
Mr M D Hancock 
1,540,031 
13,888 
Mr C A Banasik 
2,183,334 
41,666 
Dr N Streltsova 
235,000 
- 
 
 
35
CENTAURUS METALS LIMITED     ANNUAL REPORT

View this content as a flipbook by clicking here.