AfriTin Mining : 121 Conference Presentation

AFRITIN CORPORATE PRESENTATION

NOVEMBER 2021

DISCLAIMER

These presentation slides (the "Slides") do not comprise an admission document, listing particulars or a prospectus relating to AfriTin Mining Limited ("the Company") or any subsidiary of the Company, do not constitute an offer or invitation to purchase or subscribe for any securities of the Company and should not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitute a recommendation regarding any decision to sell or purchase securities in the Company. The Slides and the accompanying verbal presentation are confidential, and the Slides are being supplied to you solely for your information and may not be reproduced or distributed to any other person or published, in whole or in part, for any purpose. No reliance may be placed for any purpose whatsoever on the information contained in the Slides and the accompanying verbal presentation or the completeness or accuracy of such information. No representation or warranty, express or implied, is given by or on behalf of the Company or its respective shareholders, directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in the Slides and the accompanying verbal presentation, and no liability is accepted for any such information or opinions (including in the case of negligence, but excluding any liability for fraud). The Slides contain forward-looking statements, which relate, inter alia, to the Company's proposed strategy, plans and objectives. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward- looking statements. Accordingly, you should not rely on any forward-looking statements and the Company accepts no obligation to disseminate any updates or revisions to such forward-looking statements. The Slides and their contents are directed only at persons who fall within the exemptions contained in Articles 19 and 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (such as persons who are authorised or exempt persons within the meaning of the Financial Services and Markets Act 2000 and certain other persons having professional experience relating to investments, high net worth companies, unincorporated associations or partnerships, the trustees of high value trusts) and

persons to whom distribution may otherwise lawfully be made. Any investment, investment activity or controlled activity to which the Slides relates is available only to such persons and will be engaged in only with such persons. Persons of any other description, including those that do not have professional experience in matters relating to investments, should not rely or act upon the Slides. The Slides should not be distributed, published, reproduced or otherwise made available in whole or in part by recipients to any other person and, in particular, should not be distributed to persons with an address in the United States of America, Australia, the Republic of South Africa, the Republic of Ireland, Japan or Canada or in any other country outside the United Kingdom where such distribution may lead to a breach of any legal or regulatory requirement. No securities commission or similar authority in Canada has in any way passed on the merits of the securities represented hereunder and any representation to the contrary is an offence. No document in relation to the placing of the Company shares has been, or will be, lodged with, or registered by, The Australian Securities and Investments Commission, and no registration statement has been, or will be, filed with the Japanese Ministry 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 sold within Canada, Australia, Japan, South Africa or the Republic of Ireland or offered or sold to 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 States Securities Act of 1933, as amended (the "US Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered or sold within the United States or to, or for the account or benefit of, any US Person as that term is defined in Regulation S under the US Securities Act. The Company has not been registered and will not register under the United States Investment Company Act of 1940, as amended. The Slides and their contents are confidential and should 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 any other person.

AFRITIN CORPORATE PRESENTATION

afritinmining.com

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AFRICAN TECH-METAL CHAMPION

PRODUCER	EXPLORER	SCALABLE	BY-PRODUCT REVENUE
Profitable pilot plant at	Huge scope for	10x scale-up at Uis	Li2O and Ta potential to
nameplate capacity	resource expansion		double revenue

MULTI MINE POTENTIAL	LOGISTICS	WORLD-CLASS TEAM	HIGH STANDARDS
Prospective licences	230km from mine	Experienced board and	FOR ESG
around a central hub	gate to port	management team	Low carbon emissions

AFRITIN CORPORATE PRESENTATION

afritinmining.com

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COMPANY STRATEGY

BECOME A WORLD-CLASSTIER1 MINING COMPANY TARGETING MARKET CAP OF US$1BN AND REVENUES OF US$500M

01 Profitable pilot plant	720tpa	5
Achieved	Operating pilot
nameplate	plant, profitable	tin concentrate	Y
production	on Sn only
			E
02 By-product potential and expansion	A
Addition of by-	Expansion of	1300tpa	R
products Li2O,	tin concentrate	tin concentrate
Ta	production		S
03 Phase 2		Growth through
Dramatic	Identify further
scalability of	mineralised projects	acquisition in country
existing project	within the country	and in Africa

AFRITIN CORPORATE PRESENTATION

afritinmining.com

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CAPITAL STRUCTURE

KEY STATISTICS	Share Price 1 Year Performance AIM: ATM
Date as of: 31 July 2021
£65m	£6,1m
Market Cap	Cash

Tin Price 1 Year Performance

SHAREHOLDER STRUCTURE

Largest Institutions	Ownership
Canaccord Genuity Wealth Mgt	11,73%
Fidelity Worldwide Investment	5,64%
Afrimet Resources	5,13%
Premier Miton	4,0%
Management	12%

AFRITIN CORPORATE PRESENTATION

afritinmining.com

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