Issue of Equity

Mineral and Financial Investments Limited

(the "M&FI" or the "Company")

Issue of Equity

The Company announces that it has received a notice of exercise in respect of share options over 250,000 ordinary shares of 1.0p each in the Company at an exercise price of 13.50 pence.

Application has been made for 250,000 new ordinary shares each in the Company ("New Ordinary Shares") to be admitted to trading on AIM. The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on 15 April 2025.

Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 37,355,871 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in following admission will be 37,355,871.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

FOR MORE INFORMATION:

Jacques Vaillancourt, Mineral & Financial Investments Ltd. +44 780 226 8247

Katy Mitchell, Zeus +44 203 829 5000

Jon Belliss, Novum Securities Limited +44 207 382 8300