Auris Minerals : Appendix 3B – Exercise of Options

Appendix 3B‌‌‌

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities‌‌ and agreement‌

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

AURIS MINERALS LIMITED

ABN

77 085 806 284

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1	+Class of +securities issued or to be issued
Fully paid ordinary shares
2	Number of +securities issued or to be issued (if known) or maximum number which may be issued
133,208 Fully paid ordinary shares
3	Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)
Fully paid ordinary shares

4	Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities? If the additional +securities do not rank equally, please state: the date from which they do the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment	Yes, the shares rank equally with the fully paid ordinary shares currently on issue.
5	Issue price or consideration	$0.08 per share
6	Purpose of the issue‌ (If issued as consideration for the acquisition of assets, clearly identify those assets)	Issued pursuant to the exercise of $0.08 options, expiring 20 September 2017 (AUROA).
6a	Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i	Yes
6b	The date the security holder resolution under rule 7.1A was passed	25 November 2016
6c	Number of +securities issued without security holder approval under rule 7.1	N/A
6d	Number of +securities issued with security holder approval under rule 7.1A	N/A

6e	Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)	Nil
6f	Number of +securities issued under an exception in rule 7.2	133,208 Fully paid ordinary shares
6g	If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.	N/A
6h	If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements	N/A
6i	Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements	Refer Annexure 1
7	+Issue dates Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B.	11 September 2017
Number	+Class
8	Number and +class of all +securities quoted on ASX (including the +securities in section 2 if applicable)	382,931,616 49,067,977 49,776,458	Fully paid ordinary shares Listed options expiring 20 September 2017, exercisable at $0.08 Listed options expiring 20 June 2018,‌ exercisable at $0.12

Number	+Class
2 600,000 300,000 600,000 6,000,000 1,480,000 2,500,000	Convertible Notes with a face value of $20,000, expiring 1 July 2018 Options expiring 15 September 2017, exercisable at $1.25 Options expiring 9 November 2017, exercisable at $3.00 Options expiring 31 January 2018, exercisable at $0.15 Options expiring 20 September 2018, exercisable at $0.12 Options expiring 3 October 2018, exercisable at $0.60 Options expiring 8 October 2019, exercisable at $1.30
The Company does not currently have a dividend policy.

1. Number and +class of all

   +securities not quoted on ASX (including the +securities in section 2 if applicable)

2. Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Part 2 - Pro rata issue

11	Is security holder approval required?	N/A
12	Is the issue renounceable or non- renounceable?	N/A
13	Ratio in which the +securities will be offered	N/A
14	+Class of +securities to which the offer relates	N/A
15	+Record date to determine entitlements	N/A