Caeneus Minerals Limited advised the following changes and restructure of its Board. David Greenwood has joined the board as Non-Executive Director. Mr. Greenwood was educated in the UK and has worked internationally in the resources industry in exploration, production, marketing, business development and investment analysis.

He has an in-depth knowledge and more than 35 years' broad based experience in the resources industry across a range of commodities including precious metals, base metals, industrial minerals, mineral sands, and bulk commodities. Mr. Greenwood has specific expertise in resources evaluation and financing, from exploration through to mine development, in addition to business development, minerals marketing and investor relations. Mr. Greenwood is currently Managing Director of Orange Minerals Limited and a Non- Executive Director of Argent Minerals Ltd. He was previously CEO of Godolphin Resources Limited based in Orange NSW and a former Director of Askari Metals Limited.

Mr. Johnathon Busing has also joined the board as Non-Executive Director. Mr. Busing is an experienced Company Secretary and corporate advisor and acts as Company Secretary for several ASX listed Companies. Executive Director Mr. Nicholas Poll has assumed the role of Executive Chairman of the Company.

The Company advises that Davide Bosio and Dean Tuck have resigned to pursue other business interests. The board thanks them for their contribution to the Company during their respective tenures.