Vox Markets & Turner Pope Investments Webinar

3 February 2021

DISCLAIMER

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These presentation slides (the “Slides”) do not comprise an admission document, listingparticulars or a prospectus relating to AfriTin Mining Limited (“the Company”) or anysubsidiary of the Company, do not constitute an offer or invitation to purchase orsubscribe for any securities of the Company and should not be relied on in connectionwith a decision to purchase or subscribe for any such securities. The Slides and theaccompanying verbal presentation do not constitute a recommendation regarding anydecision to sell or purchase securities in the Company. The Slides and the accompanyingverbal presentation are confidential, and the Slides are being supplied to you solely foryour information and may not be reproduced or distributed to any other person orpublished, in whole or in part, for any purpose.

No reliance may be placed for any purpose whatsoever on the information contained inthe Slides and the accompanying verbal presentation or the completeness or accuracy ofsuch information. No representation or warranty, express or implied, is given by or onbehalf of the Company or its respective shareholders, directors, officers or employees orany other person as to the accuracy or completeness of the information or opinionscontained in the Slides and the accompanying verbal presentation, and no liability isaccepted for any such information or opinions (including in the case of negligence, butexcluding any liability for fraud).

The Slides contain forward-looking statements, which relate, inter alia, to the Company’sproposed strategy, plans and objectives. Such forward-looking statements involve knownand unknown risks, uncertainties and other important factors beyond the control of theCompany that could cause the actual performance or achievements of the Company to bematerially different from such forward-looking statements. Accordingly, you should notrely on any forward-looking statements and the Company accepts no obligation todisseminate any updates or revisions to such forward-looking statements.

The Slides and their contents are directed only at persons who fall within the exemptionscontained in Articles 19 and 49 of the Financial Services and Markets Act 2000 (FinancialPromotion) Order 2005 (such as persons who are authorised or exempt persons withinthe meaning of the Financial Services and Markets Act 2000 and certain other personshaving professional experience relating to investments, high net worth companies,unincorporated associations or partnerships, the trustees of high value trusts) andpersons to whom distribution may otherwise lawfully be made.

Any investment, investment activity or controlled activity to which the Slides relates isavailable only to such persons and will be engaged in only with such persons. Persons ofany other description, including those that do not have professional experience in mattersrelating to investments, should not rely or act upon the Slides.

The Slides should not be distributed, published, reproduced or otherwise made availablein whole or in part by recipients to any other person and, in particular, should not bedistributed to persons with an address in the United States of America, Australia, theRepublic of South Africa, the Republic of Ireland, Japan or Canada or in any other countryoutside the United Kingdom where such distribution may lead to a breach of any legal orregulatory requirement.

No securities commission or similar authority in Canada has in any way passed on themerits of the securities represented hereunder and any representation to the contrary isan offence. No document in relation to the placing of the Company shares has been, orwill be, lodged with, or registered by, The Australian Securities and InvestmentsCommission, and no registration statement has been, or will be, filed with the JapaneseMinistry of Finance in relation to the placing or the Company’s shares. Accordingly,subject to certain exceptions, the Shares may not, directly or indirectly, be offered or soldwithin Canada, Australia, Japan, South Africa or the Republic of Ireland or offered or soldto a resident of Canada, Australia, Japan, South Africa or the Republic of Ireland.

The Securities have not been, and will not be, registered under the United StatesSecurities Act of 1933, as amended (the “US Securities Act”) or with any securitiesregulatory authority of any state or other jurisdiction of the United States and may not beoffered or sold within the United States or to, or for the account or benefit of, any USPerson as that term is defined in Regulation S under the US Securities Act. The Companyhas not been registered and will not register under the United States InvestmentCompany Act of 1940, as amended. The Slides and their contents are confidential andshould not unless otherwise agreed in writing by AfriTin Mining Limited be copied,distributed, published or reproduced (in whole or in part) or disclosed by recipients to anyother person.

Company Overview & Market Backdrop

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ABOUT US: BECOMING THE AFRICAN TIN CHAMPION

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A tin mining company with a portfolio of production and near production tin assets in Africa

Uis Tin Mine – Namibia – Previously the worlds largest open cast tin mine

Nameplate tin concentrate production achieved at Uis for Stage I of Phase 1 during November 2020; nameplate production target exceeded

Total production for Jan-Nov 2020: 301 tonnes

5000tpa tin concentrate target for Phase 2 (~1% of the global tin supply)

Mokopane Tin Project – South Africa

London's ONLY pure play listed tin company

Continually looking to build our portfolio with additional assets in Africa

Experienced Management team

From listing on AIM to first production in two years

Well placed to benefit from the tin supply shortage

Potential for the production of multiple battery metals, with huge tantalum and lithium by-product upside potential under investigation at Uis

LONDON’S ONLY PURE-PLAY TIN LISTING

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STRATEGICPRINCIPLES

STRATEGICOBJECTIVES

2021

Scalable

Large mining licence area with over 180 mineralised, outcropping pegmatites within

5km of the existing pilot plant

The right commodity

Sound market fundamentals, supporting stable commodity price outlook

Low cost curve

First quartile cash-cost curve for Phase 2

Early productionPhased development approach allows for early cash flows, while significantly de-risking Phase 2

Phase 1 Stage 2 Expansion PHASE 1 CONTINUOUS IMPROVEMENT

PROJECTS IN PROGRESS

IDENTIFY AND EXPLORE ADDITIONAL TIN OPPORTUNITIES

ACHIEVE STEADY STATE PRODUCTION

ENVIRONMENTAL, SOCIAL AND GOVERNANCE

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AfriTin Mining is currently working towards compliancy with the International Finance Corporation’s Performance Standards and is aiming to obtain its Conflict Free Certificate. Best practices are implemented wherever possible.

AfriTin Mining complies with all applicable safety, health & environmental laws in addition to our own company policies and requirements. We strive to use resources sparingly so as to reduce the impacts of our operations on the environment, stakeholders and surrounding communities.

PERFORMANCEPEOPLEPLANET INTEGRITY

Economic Support

Close to N$200M has been spent in the development of the Uis Tin Mine

Majority of this expenditure has occurred in Namibia

Health & Safety of workers

All permanent staff at the Uis Tin Mine are Namibian citizens

Employing from within the local community wherever possible

Supporting the local economy by supporting local accommodation, stores and restaurants

Businesses have opened in Uis and substantial developments have occurred

Occupational Health and Safety (OHS) policies and procedures are in place

Safety is reemphasised daily through safety talks and shares

H&S risks are assessed, controlled, mitigated and monitored

Social Development Sponsoring of local soccer teams Co-sponsorship of a borehole drilled

in the Ugab River to provide water to wildlife

Purchasing of tin mined by artisanal miners operating in the mining licence

Sponsoring the 2020 Rhino Run and Ride in support of The Rhino Trust of Namibia

Economic contribution in NamibiaEnsuring compliance to the Operations

Environmental Management Plan (OEMP) through monthly monitoring of: Dust fallout Surface water quality Static borehole water levels Onsite Safety, Health and

Environment (SHE) field auditsMonthly monitoring allows for identification and mitigation of SHE impacts in a timely manner.

Monthly Monitoring

Pollution Control & Prevention Waste rock is co-disposed with

tailings on existing waste rock dumps Good housekeeping practices are

encouraged A hydrocarbon spill management plan

has been implemented onsite

We seek to gain competitive advantage through sound, ethical and legal practices.

Protection of our People

Stakeholder Engagement

Commitment to respecting labour & human rights

We believe in a diverse & inclusive working environment

Zero-tolerance policy for any form of harassment or bullying

Commitment to transparency & open communication

Uis Tin Mine has not identified any stakeholder engagement risks

The community is supportive of the Uis Tin Mine

TIN MARKET FUNDAMENTALS

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Market overview Tin is the glue of the technology revolution

~40% of all tin consumed as solder in semiconductors and circuitry Current global shortage of semiconductors driving the demand for tin in

an already constrained supply market

Tin is predicted to be the metal most positively impacted by the development of future technologies and ‘the Internet of Things’, including energy-generation and energy-storage devices

Tin, tied with copper, is the best LME performer in the first half of 2020

Refined tin demand currently outpaces supply (000t) - ITA

Salt

PGM…

Zinc

Niobi…

Graph…

Vana…

Tungs…

Gold

Nickel

Silver

Cobalt

Lithium

Tin

AV/EV

Robotics

Renewables

Oil & Gas

Energy Storage

IT

Other

Commodity demand in the electrical contact and battery materials markets - MIT

Supply Shortage Tin market has faced a consistent supply deficit over recent years, forecast

to remain in deficit until 2022. Shortages due to: Covid-19 production cuts

Production cuts from several Chinese smelters

Closure of Chinese production plants in Yunnan

Reduced exports from Myanmar, uncertainty surrounding Myanmar coup

Environmental and regulatory hurdles in Indonesia

Depleting resources and grades from Latin America supply

Ample opportunities for growth in the market which will serve to exacerbate the existing demand-supply gap

TIN MARKET FUNDAMENTALS

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International Tin Association reporting demand could triple by 2050

The tin price has recovered to pre-COVID-19 levels, topping US$24 000/t – the highest since 2014

Semiconductor industry is one of the biggest consumers of solder Global demand for semiconductors has a significant effect on the

tin price due to the development of smart devices.

Demand for semiconductors set to increase with the uptake in the 5G market, necessitating the development of new technology

Future Trends Increases in tin demand have historically coincided with

technological advances

Refined tin consumption of c.340-370ktpa makes it a relatively small market

Major tin demand comes from electronic solder, chemical and tin plate use

- ITA

- Business Insider Markets

Tin Price (US$/t) at 02/02/2021TIN PRICE

TOPS US$24K

HUGE BY-PRODUCT UPSIDE POTENTIAL

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Tantalum Roskill forecasts global demand will by

grow by 4 - 5% pa between 2018 and 2028

Market driven by use in capacitors, tantalum chemicals, alloy additives, sputtering targets, mill products and cemented carbides

Lithium Lithium market continues to be buoyed

by the Li-battery market

Consumption forecast to increase for all additional Li uses

Key factors driving demand: accelerating demand for EV, Increased usage and demand for portable consumer electronics, increased demand from the glass-making industry.

Forecast global consumption of tantalum by application,

2018-2028 (tonnes Ta) – Roskill Forecast year-end tantalum pentoxide nominal prices, 2019-2028 (US$/kg Ta2O5) – Roskill

World Forecast Consumption of Lithium by Use 2010-2025 (t LCE) – Roskill

Projects

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MAJOR AFRICAN TIN PROVINCES

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AfriTin’s portfolio includes an interest in a number of mining and exploration areas across Southern Africa

Tin Provinces of Africa

AfriTin assets Sn, Li and Ta

Bushveld Complex, South Africa

Erongo Region, Namibia

Mining Licences

Uis: ML134

C1/B1: ML 129

Nai-Nais: ML133

Exploration Licences

Brandberg West: EPL5445

Goantagab: EPL5670

Prospecting Rights

Mokopane Tin

2205PR

2371PR

NAMIBIAN ASSESTS – A REGIONAL FOOTPRINT

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Historical mining footprint only a fraction of existing licence areas in a proven tin province. AfriTin aims to expand the company's footprint across the region.

SOURCE: GOOGLE EARTH Brandberg West: Exploration licence EPL5445 covering 30 089 Ha

Historically producing tin-tungsten deposit from the 1940’s - 1980’s, owned by SWACO, a Goldfields subsidiary

First stage of geological modelling using historical information complete, exploration programme planned for 2021 to confirm mining potential of tin, tungsten and copper

Goantagab: Exploration licence EPL5670 covering 18 950 Ha

Uis: 3 fully permitted mining licences: ML134 (the location of current mining activity), ML129 and ML133, with a combined coverage of 27 860 Ha

EPL5445

EPL5670

ML134

ML129

ML133

ROM Stockpile

Store

Workshop

Main Reservoir

Backup generators

Primary Crusher

Primary Stockpile

Secondary Crushing Plant

Concentrate Store

Spiral Plant

DMS 1

Filter Press

Plant Discard

ThickenerGrits Dewatering

DMS 2 & DMS 3

Offices

Diesel Storage

UIS – FLAGSHIP ASSET

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HISTORIC (CIRCA 1989)

CURRENT

Historically the largest hard-rock tin mine in the world Operating in excess of 3 decades

Historic production rates of ~1 500 tonnes Sn concentrate per annum

Large scale, conflict-free deposit located in mine friendly Namibia Mining licences in place

Tin mineralisation complimented by significant by-product potential including Lithium

Tantalum

Rare earth elements (REE’s)

2 phase multi-commodity development plan Phase 1: Stage 1 plant fully operational, nameplate capacity

achieved

Phase 2: Studies in progress

PROGRESS AT UIS

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Achieved a globally significant JORC-compliantmineral resource estimate (MRE) for V1 and V2 95,539t of tin 6,091t of tantalum 450,265t of lithium oxide

Construction of processing plant completed

Nameplate tin concentrate production achieved at Uis for Stage I of Phase 1 during November 2020

Offtake agreement signed with Thaisarco 18 successful shipments to date

Robust Phase 1 economics confirm the significance of the pilot mining and processing facility as a full-scale commercial operation

GEOLOGICAL MODEL

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141 drill holes over V1 V2 pegmatites Multiple mineralised pegmatites mapped

Historical IMCOR drill data for V1 and V2 pegmatites has been validated by AfriTin’s Phase 1 exploration programme, allowing incorporation into geological modelling

141 drill holes along a 25m grid spacing utilised for high resolution modelling Phase 1 weighted averages used for pegmatite

intersections

V1 and V2 pegmatite intersections occur at depth

Drill data shows significant down dip thickening of the ore body compared to surface outcrop

3-D geological model completed and a JORC compliant resource declared Utilised for block modelling and mine design

UIS JORC-COMPLIANT MINERAL RESOURCE ESTIMATE

16** Metal refers to Li2O

Globally significant maiden resource Drill results validated the historical exploration data generated by ISCOR subsidiary IMCOR, allowing an additional 141 drill holes to be incorporated into

the mineral resource estimate

Ancillary elements analysed during the drilling campaign confirmed Ta and Li by-product potential

The ancillary elements reported as part of the inferred mineral resource as the minerals were not sampled for in the historical ISCOR data

The maiden resource is comprised from only one of the 12 existing pits (covering 16 pegmatite bodies) at Uis, namely V1V2 Total tonnes of ore reported in the JORC compliant MRE for V1V2 pegmatite body alone is greater than that reported for the historic reserve estimate over 16 historic

pegmatite bodies

*SRK report declared reserve estimate in 1989

Historical Non-JORC Complaint Reserve Estimate* for 16 Uis pegmatite bodies

Proven Probable TOTAL

Commodity Sn Sn Sn

Grade 0.136% 0.135% 0.136%

Tonnes of Ore

48 426 800 21 896 900 70 323 800

Contained Metal (t)

65 860 29 561 95 421

MRE of Tin within the V1 and V2 Pegmatites (Cut-off Grade 0.05% Sn)

MRE of Ancillary Elements within the V1 and V2 Pegmatites

Measured Indicated Inferred TOTAL Inferred Inferred

Commodity Sn Sn Sn Sn Li2O Ta

Grade 0.139% 0.136% 0.130% 0.134% 0.63% 85 ppm

Tonnes of Ore 21 540 000 13 050 000 36 950 000 71 540 000 71 540 000 71 540 000

Contained Metal (t)

29 899 17 765 47 875 95 539 450 265** 6 091

EXPLORATION UPSIDE

17SOURCE GOOGLE EARTH

Concurrent exploration programmes are targeting higher grade pegmatites with low stripping ratios

Regional mapping programme completed on surrounding pegmatites Visual confirmation of cassiterite mineralisation for over

180 pegmatites within 5km of processing plant

Detailed mapping programme identified higher grade greisenised areas within mineralised pegmatites

Ore bodies are up to 80m thick and over 1km along strike

67-meter intersection of the W17 pegmatite, south of mining area, displayed visible cassiterite grains over the entire intersection

Historical pits mined on outcropping pegmatite, over 12 existing pits, these comprise historical SRK reserves (1989)

MINING

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Mining operations over the V1 and V2 pegmatites were established in May 2019

Conventional open pit mining methods, with a truck and excavator mobile equipment combination utilised

The combined mine plan delivers 2.75 million tonnes (represents 3% of the historical resource) of pegmatite at an average overburden stripping ratio of 1:1.5 to ensure exposure of ore in the long-term

Mine design, at 0.5 Mtpa RoM, provides sufficient inventory to supply Phase 1 processing plant with ore for more than 5 years, with the V1 and V2 pegmatite ore bodies supporting mining production rates far beyond the current requirements

Mine design exploits outcropping pegmatites and excavations of the historical Uis mine

V2 Pegmatite

Hanging Wall

Person for Scale

Section: V2 Pegmatite

V2 Pegmatite

Phase 4

Phase 1

Topography

900 amsl

850 amsl

800 amsl

Section: V1 Pegmatite

V1 Pegmatite

Phase 5Phase 2

Topography800 amsl

750 amsl

700 amsl

METALLURGY

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Coarse grained cassiterite crystals allowing for easy liberation through crushing

Efficient pre-concentration with dense medium separation (DMS) produces 80% waste rejection at high recoveries

Large material density differentials (cassiterite > 5.0 g/cm3, gangue 2.7 g/cm3) allowing for efficient dense medium and gravity separation

Tantalum mineral associated with the tin concentrate

Preliminary lithium test work indicates potential for lithium by-product. Further test work planned

Plant design targets: Sn recoveries >60% at concentrate grades of

60% Sn

Ta recoveries >15% at a concentrate grade of 22% Ta

Li recoveries >28% at a concentrate grade of 4% Li

2O

PROCESS FLOW DIAGRAM

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De-Watering

ROM

VGF and Primary Crushing

Stockpile

2° - 4°Crushing

and Screening

Rougher Spiral

De-Sliming

Pre-Wash 1

DMS 1 Pre-Wash 2

Pre-Wash 3

DMS 2

DMS 3Mids Re-

Crush

Scavenger Spiral

Fine Shaking

Table

Thickener

LIMS WHIMS

Sn-Conc

CGM-Conc

Waste Filter-Press

Concentrate Filterpress

Product Re-

Crush

Product Shaking

Table

Waste Handling

173 TPHSn 0.14%

80 TPHSn 0.14%

80 TPHSn 0.14%

67.4 TPHSn 0.14%

28 TPHSn 0.32%

39.4 TPHSn 0.02%

25.2 TPHSn 0.32%

24.6 TPHSn 0.08%

0.55 TPHSn 9.61%

2.8 TPHSn 0.32%

24.6 TPHSn 0.08%

12 TPHSn 0.08%

0.08 TPHSn 6.12% 0.08 TPH

Sn 59%

0.63 TPHSn 9.61%

0.55 TPHSn 5.59%

0.11 TPHSn 59%

4.6 TPHSn 0.13%

0.1 TPHSn 60%

4.1 TPHSn 0.13%

0.7 TPHSn 2.30%

0.04 TPHSn 56.5%

24 TPHSn 0.03%

0.1 TPHSn 0.03%

0.7 TPHSn 3.57%

0.2 TPHSn 1.35%

23.5 TPHSn 0.04%

0.5 TPHSn 4.59%

24 TPHSn 0.12%

4 TPHSn 0.13%

12.6 TPHSn 0.08%

28 TPH Sn 0.13%

INFRASTRUCTURE

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Power supply Formal (10 year) supply agreement concluded with Namibia Power

Corporation:

Provides for the full on-site power requirements for Phase 1 mining and processing facility from the national grid

AfriTin constructed its own substation to transform the supply to medium voltage (11 kV) and installed a miniature substation to distribute power at 400 V in the processing plant

Significantly more cost effective than diesel generated power

Supply voltage of 66 kV

Supply capacity of 1.5MVA

Diesel generators currently in place to serve as backup power to the grid

Water supply Geohydrological study, water drilling and test pumping completed

Process water requirements are supplied from well fields and open-pit lake areas in the surrounding mining area AfriTin is fully permitted for water abstraction from boreholes (groundwater

not potable but is suitable for use as plant water)

Regional investigations for additional groundwater resources have commenced

UIS PHASE 1: PROCESSING PLANT EXPANSION

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Ore feed: 80tphTin feed grade: 0.139% SnTantalum feed grade: N/ALithium feed grade: N/ATin recovery: 60%Tantalum recovery: N/ALithium recovery: N/ATin conc. grade: 60% SnTantalum conc. grade: N/ALithium conc. grade: N/A

Ore feed: 120tphTin feed grade: 0.139% SnTantalum feed grade: 85ppmLithium feed grade: N/ATin recovery: 60%Tantalum recovery: 15%Lithium recovery: N/ATin conc. grade: 60% SnTantalum conc. grade: 22% Ta2O5

Lithium conc. grade: N/A

Ore feed: 120tphTin feed grade: 0.139% SnTantalum feed grade: 85ppmLithium feed grade: 0.63% Li2OTin recovery: 70%Tantalum recovery: 30%Lithium recovery: 28%Tin conc. grade: 60% SnTantalum conc. grade: 22% Ta2O5

Lithium conc. grade: 4% Li2O

Ore feed: 120tphTin feed grade: 0.158% SnTantalum feed grade: 85ppmLithium feed grade: 0.63% Li2OTin recovery: 70%Tantalum recovery: 30%Lithium recovery: 28%Tin conc. grade: 60% SnTantalum conc. grade: 22% Ta2O5

Lithium conc. grade: 4% Li2O

• Pilot plant construction completed• Ramp-up to nameplate capacity

completed

• Increase throughput capacity • Addition of a tantalum by-product

• Increase tin recovery• Addition of petalite by-product• Initial lithium test work complete

• Expansion of tin and tantalum concentrate production

AfriTin plans to increase the production capacity of the Phase 1 processing plant beyond the current Stage I. This will occur in three distinct steps (Stages II-IV). A BFS has begun on a Fast-tracked Stage II.

Stage I Stage II Fast-Tracked Stage III Stage IV

UIS PHASE 2: LONG TERM DEVELOPMENT PLAN

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Objectives

Leverage the production profile of Phase 1 in order to expand the operations of the business

Large-scale operation producing at least 5000 tonnes of tin concentration, representing ~1% of the global tin supply

Identify further mineralised pegmatites within project and regional area

Growth of portfolio through acquisition in country and elsewhere in Africa

Revenues in excess of US$100M in 5 years

EXPOSURE TO A MAJOR TIN ASSET OF GLOBAL SIGNIFICANCE

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Clear development timeline with catalysts for value creation: Fully permitted operation Production commenced August 2019 Nameplate capacity reached Phase 1 Stage I production target exceeded V1 V2 resource JORC-compliant Robust Phase 1 economics

Junior mining company that delivers Strong geological potential from a

historically producing mine Multi-commodity optionality A stable mining investment jurisdiction Strong medium-term demand for tin

underpinned by growing applications in new technologies

Appendices

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Chris SmithGeneral Manager Qualified in Chemistry and 36 years’ experience at various levels of management

for several Listed Companies Experienced General Manager with strong process optimization, team

development and sustainable track record

Glen ParsonsChairman CEO of Mariana Resources from 2010 until its sale to Sandstorm for $175m in

July 2017 20+ years’ experience both as a mining executive and in investment banking

Anthony ViljoenCEO Mining entrepreneur – over 2 decades operating in Africa Founding director and former CEO of Australian listed Lemur Resources Successfully founded and directed Bushveld Minerals (AIM: BMN). Non-executive director at Bushveld Minerals

Terence GoodlaceNon-executive Director 40+ years’ experience in mining; currently NED at Gold Fields and Kumba Iron

Ore Limited Previously Gold Fields COO, Metorex Limited CEO, Impala Platinum CEO

Laurence RobbNon-executive Director Professor of Economic Geology and Director of the Economic Geology Research

Institute, University of the Witwatersrand’s School of Geosciences Technical Director of Lerama Resources

Frans van DaalenCOO Qualified mining engineer with 20+ years’ operational and technical

experience Co-founder and director of VBKom

Machiel OdendaalLead Engineer Qualified electrical engineer with 40+ years’ experience and Chief

Engineer at various mining operations in Southern Africa

Timothy MaraisExploration Manager Qualified exploration geologist with over 10 years’ experience Worked on multiple commodity projects across Africa – focus on project

development, management and near-term value realisation

Jan RabeLead Process Engineer Qualified metallurgical engineer with 18 years’ experience, Jan has fulfilled

various technical management roles

Rob Sewell CFO Chartered Accountant CA(SA) with 15 years commercial and financial

experience across various industries Completed training at Deloitte in Johannesburg and gained international

experience during a secondment to Deloitte Sydney office

Experienced and invested Board & Management team:

Team

UIS – ASSET HISTORY

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Discovery of the asset.

Asset is acquired by Mr Angus Munro; Uis Tin Mining Co (SWA) is established and

large-scale mining commences.

IMCOR acquires the asset and installs a c. 35tph tin recovery

plant to produce cassiterite concentrate.

IMCOR enlarges the plant to c. 100tph and commenced building the village of Uis.

Imcor enlarges the plant to c. 140tph producing c. 100-120 tpm

cassiterite.

Uis Tin Mine closes following the tin price

collapse in the mid-1980s.

SRK publishes a ‘LoM Plan Report for 1989-2063’*. These were historical estimates that were

not reported to any recognised minerals industry reporting code.

Greenhills (Bushveld subsidiary) purchases

85% stake from AfriTin Mining Namibia1.

1 Was renamed to AfriTin Mining Namibia in January 2019 (between 2014 and 2016 the entity was called Dawnmin Africa Investments)

2017 AfriTin lists on AIM with Uis as its flagship asset

2016

1911 1958 1966 19801948/51

1990

1989

A new dawn for Uis

NAMIBIA: A STABLE INVESTMENT JURISDICTION

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Road between Uis and Walvis Bay

Walvis Bay Port upgrade completed

Complimentary mining and exploration jurisdiction with a developed transport infrastructure

Stable democracy with an independent, strong legal system

Country encourages foreign investment

Long established Mining Act – mining law in Namibia is mainly regulated by the Minerals Act 33 of 1992 which was amended in 2008

Mining is the biggest contributor to Namibia’s economy in terms of revenue and consequently, an important industry

Fraser Institute lists Namibia No. 60 globally in terms of investment attractiveness and No. 36 globally in policy perception. *Corruption Perception Index 2018

5th most transparent country in Africa

Access to the mine is via a regional network of roads which are well maintained by the Namibian government

The newly upgraded port of Walvis Bay serves as the point of export for the company’s mining products

OTHER ASSESTS: SOUTH AFRICA

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Mokopane Tin Project – located on the northern limb of the Bushveld Complex

Prospecting right 2205PR covering six farms (13 253 Ha)

Prospecting right 2371PR covering three additional neighbouring farms (awaited)

Four targets identified, exploration conducted on two targets to date, with 18 447 tonnes contained Sn resource established

Scoping Study completed October 2014

Base case RoM of 691ktpa to produce ~700tpa of 99.5% Sn purity metal, yields positive economics with a significant IRR of 34.6%

Low quartile operating costs: $14,276/tonne of tin metal produced (as of 24 September 2014)

Potential additional 5,000 tonnes contained Sn resource in the underground lease target area

Greenhills interest = 74%, 26% held by local Black Economic Empowerment partners

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Anthony Viljoen, CEOinfo@afritinmining.comwww.afritinmining.com

Registered office18 – 20 Le PolletSt Peter Port Guernsey

Representative office2nd Floor, Building 3Illovo Edge Office ParkCorner Harries & Fricker RoadIllovoJohannesburg, 2116South Africa

55 Baker streetMarylebone

LondonW1U 7EU

United Kingdom

Investor Relations – UK1 CornhillLondon

EC3V 3NDUnited Kingdom

+44 (0) 20 7920 3150

Broker8 Frederick’s Place

London EC2R 8AB

United Kingdom