• Received competitive non-binding offers up to US$320m in project finance
• Multiple proposals over US$250m from leading international resource financiers
• Selecting short-list of preferred financiers, moving to next stage of financing process

Centaurus Metals (ASX: CTM) has received strong interest from a group of leading international resource financiers for the project financing of its 100%-owned Jaguar Nickel Sulphide Project in northern Brazil. The company has received non-binding offers for up to US$320 million in project finance, with multiple proposals over US$250 million. This includes a recently announced Letter of Intent from the Brazilian National Development Bank (BNDES). Centaurus is now in the process of selecting a short-list of preferred financiers and moving to the next stage of the project financing process, which will involve site visits, due diligence, and facility documentation. The company aims to appoint a Tier-1 financier or syndicate to arrange and underwrite the project finance by the end of Q3 2026. This strong interest from international financiers is an endorsement of the quality of the Jaguar Project and its excellent cash flow generating potential. Centaurus' development strategy for Jaguar is rapidly gathering momentum, with the recently announced signing of a Binding Offtake Agreement with Glencore AG and the appointment of Thiago Costa as Jaguar Project Director.

Centaurus is targeting a Final Investment Decision for the Jaguar Nickel Sulphide Project to coincide with the appointment of a preferred financier or syndicate in Q3 2026. The company is currently completing basic engineering work and preparing for early-stage works at the project site.