Issue of Equity

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

19 May 2025

Nativo Resources Plc

("Nativo" or the "Company")

Issue of Equity

Nativo Resources plc (LON:NTVO), which has interests in gold mines in Peru, announces it has issued shares to certain creditors in lieu of cash payments.

Accordingly, 3,833,333 new ordinary shares of 0.15 pence each ("Ordinary Shares") have been issued in lieu of cash for services provided at a price of 0.6 pence per new Ordinary Share, being the closing market price of the Company's stock on 16 May 2025 (the "Creditor Shares").

Admission and Total Voting Rights

Application has been made for the Creditor Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective, and dealings will commence at 8.00 a.m. on or around 23 May 2025. The Creditor Shares will rank pari passu with the ordinary shares of the Company in issue.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 92,401,963 with voting rights. This 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's share capital pursuant to (i) the Company's Articles, (ii) the Financial Conduct Authority's Disclosure Guidance and Transparency Rules and/or (iii) the AIM Rules for Companies issued by the London Stock Exchange plc as amended from time to time.

For further information please contact:

About Nativo Resources plc

Nativo has interests in gold mining and exploration projects in Peru.

Through a 50:50 joint venture established in July 2024 with an experienced local partner ("Boku"), Nativo secured an opportunity to scale operations at the Tesoro Gold Concession, owning 50% of the production and resources. Production and sales of ore to a local gold ore processing plant began in late December 2024.

In March 2025, Nativo acquired directly a 100% interest in the Morrocota Gold Mine, proximal to the Tesoro Gold Concession.

Longer-term, the Company plans to establish its own gold ore processing plant to retain a higher margin from production at its mines.

In March 2025, Boku also secured an option agreement to evaluate the opportunity to recover and sell gold and silver from the Toma La Mano tailings dump in the Ancash region and redeposit the tailings in line with legislation. The Company is investigating other similar regional tailings opportunities.

Follow us on social media:

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc

X: https://x.com/nativoresources