Kairos Minerals : 08/03/2022 – Shareholder request for Meeting

ASX ANNOUNCEMENT

8 March 2022

Shareholder request for Meeting

Kairos Minerals Ltd (ASX: KAI) (Kairos or Company) hereby gives notice to shareholders that it has received notices under sections 203D and 249D of the Corporations Act 2001 (Cth) (Corporations Act) signed by Troca Enterprises Pty Ltd as trustee for the Coulson Super Fund, Troca Enterprises Pty Ltd as trustee for the Coulson Super Trust, Flue Holdings Pty Ltd, Flue Holdings Pty Ltd as trustee for the Bromley Superannuation Trust, Ocean View W.A. Pty Ltd, Michael Patrick Lynch as trustee for the Lynch Family Trust, Brennan Super (WA) Pty Ltd as trustee for the Brennan Super Fund Trust and Kendali Pty Ltd (together, the Requisitioning Shareholders) (who state that they collectively hold at least 5% of the votes that may be cast at a general meeting of the Company) requesting that the Company call and arrange to hold a general meeting to consider resolutions concerning:

• the removal of Mr Terry Topping as a director;
• the removal of Mr Bruno Seqenue as a director;
• the appointment of Mr Philip Coulson as a director; and
• the appointment of Mr Zane Lewis as a director,

(the Proposed Resolutions).

The Company notes that two of the Requisitioning Shareholders, Troca Enterprises Pty Ltd as trustee for the Coulson Super Fund and Troca Enterprises Pty Ltd as trustee for the Coulson Super Trust, are entities associated with Mr Philip Coulson.

Kairos has taken legal advice as to the validity of the notices and confirms that it considers that the notices are valid. The Company will now undertake the necessary steps to convene a general meeting in compliance with the Corporations Act.

The directors are required to call the meeting within 21 days of receipt of the notice under section 249D and the meeting must be held no later than 2 months after receipt of that notice. The notice under section 249D was received by the Company on 5 March 2022, which means that the meeting must be held on or before 5 May 2022.

Further details of the general meeting (including detailed reasons as to why the board considers that the changes proposed by the Requisitioning Shareholders are not in the best interests of all shareholders of the Company) will be circulated to shareholders in due course.

This announcement has been authorised for release by the Company's Board of Directors.

For further information, please contact:
Investors:	Media:
Mr Terry Topping	Nicholas Read/Paul Armstrong
Executive Chairman	Read Corporate
Kairos Minerals Limited	Ph: 08 9388 1474

T [phone] Level 1, 43 Ventnor Avenue, West Perth WA 6005

kairosminerals.com.au ABN 84 006 189 331 ASX: KAI

About Kairos Minerals

Kairos Minerals (ASX: KAI) is a diversified West Australian-based exploration company which is focused on the exploration and development of two key project hubs located in WA's premier mining districts.

The Company's 100%-owned Pilbara Gold-Project has its central "hub" located ~100km south of Port Hedland in the world-class Pilgangoora district immediately adjacent to the major lithium-tantalum projects owned by Pilbara Minerals, which is currently in production.

Since acquiring the Project in early 2016, Kairos has established a JORC Indicated 8.56Mt at 1.3 g/t for 366,000oz and Inferred 12.36Mt at 1.28 g/t for 507,000oz for a Total Mineral Resource of 20.93Mt @ 1.3g/t Au for 873,500oz (ASX announcement, 4 March 2020). The Project encompasses the historical Lynas Find gold project, which produced over 125,000oz of gold between 1994 and 1998.

Kairos's 100%-owned Roe Hills Project, located 120km east of Kalgoorlie in WA's Eastern Goldfields, comprises an extensive tenement portfolio where the Company's recent exploration work has confirmed the potential for significant discoveries of high-grade gold, nickel and cobalt mineralisation. Kairos' tenure adjoins the emerging Lake Roe gold discovery, owned by Breaker Resources (ASX: BRB).

In the Pilbara, Kairos also holds 2,026 square kilometres of tenure (granted and applications) which is highly prospective for gold and lithium-caesium-tantalum pegmatite discoveries.

Kairos has been well recognised for its industry leading technical team that includes its Chairman Terry Topping (Taipan Resources NL, Cauldron Energy Ltd), Technical Director Neil Hutchison (Poseidon Nickel, Jubilee Mines) and consulting specialists.

T [phone] Level 1, 43 Ventnor Avenue, West Perth WA 6005

kairosminerals.com.au ABN 84 006 189 331 ASX: KAI