Update on Thani Stratex Resource Statement

7 December 2017

Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining

Stratex International Plc

 ('Stratex' or 'the Company')

Update on Thani Stratex Resource Statement

It has been brought to Company's attention that certain information released by Thani Stratex Resources ("TSR") yesterday, and referenced in Stratex's announcement yesterday, contains some deficiencies with respect to JORC public reporting requirements, and that material technical disclosure was not provided for review by the CSA Global prior to its release. It is understood that this is being rectified and that TSR will be making a further announcement in due course. The Company will also provide further updates in due course.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.

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For further information please visit www.stratexinternational.com, @StratexPLC on Twitter, email [email protected], or contact:

Notes to Editors:

Since listing in 2006, Stratex has discovered more than 2.2 million ounces of gold and 7.09 million ounces of silver, as well as 186,000 tonnes of copper. The Company owns 15% of a copper-gold project at feasibility stage and an exciting exploration project in Senegal. The Company also has significant interests in Thani Stratex Resources Ltd and Tembo Gold Corp. for their exploration projects in Djibouti and Egypt, and Tanzania respectively.