Rule 2.9 Announcement

25 June 2020

Columbus Energy Resources plc

Rule 2.9 Announcement

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, Columbus Energy Resources plc ("Columbus" or the "Company") confirms that, following the issue of 17,038,603 new ordinary shares as announced on 17 June 2020, and admitted to trading today, it has 935,053,344 ordinary shares with a nominal value of 0.05p each in issue and admitted to trading on the AIM market of the London Stock Exchange with International Securities Identification Number GB00BDGJ2R22.

Contact Information

Columbus Energy Resources plc

Leo Koot / Gordon Stein / Tony Hawkins

+44 (0)20 7203 2039

VSA Capital Limited

Rule 3 Adviser and Broker

Andrew Raca

+44 (0)20 3005 5000

Beaumont Cornish Limited

Nominated Adviser

Roland Cornish / Rosalind Hill Abrahams

+44 (0)20 7628 3396