Genesis Minerals Limited's (ASX: GMD) (Genesis) recommended off-market takeover bid for all of the fully paid ordinary shares in Dacian Gold Limited (ASX: DCN) (Dacian) (Dacian Shares), the terms of which are set out in Genesis' Bidder's Statement dated 29 July 2022 (Bidder's Statement).

A Form 604 Notice of change of interests of substantial holder in relation to the change of Genesis' relevant interest in Dacian (as recorded in the table below) is attached to this letter.

The Form 604 discloses Genesis' voting power of 34.92% in Dacian (representing a relevant interest in 422,168,111 Dacian Shares) which, when aggregated with acceptance instructions received by Genesis under the institutional acceptance facility for 78,224,172 Dacian Shares (6.47%), amounts to 41.39% of Dacian Shares on issue.

See the announcement dated 24 August 2022 for further details regarding the nature of the acceptance instructions. There have been no new acceptance instructions received since the date of that announcement.

This release is approved by Geoff James, Company Secretary, Genesis.

Contact:

Investors and Media

Troy Irvin

Genesis Minerals Limited

T: +61 8 9322 6178

E: investorrelations@genesisminerals.com.au

(C) 2022 Electronic News Publishing, source ENP Newswire