REG - AfriTin Mining Ltd - Confirmation of Name Change

Andrada MiningAnnouncement

10/01/2023 17:00

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RNS Number : 2974M  AfriTin Mining Ltd  10 January 2023

10 January 2023

AfriTin Mining Limited

 ("AfriTin" or the "Company")

Confirmation of Name Change

AfriTin Mining Limited (AIM: ATM), an African technology metals mining company
with a portfolio of mining and exploration assets in Namibia, announces that,
further to its announcement of 5 January 2023, the Registrar of Companies in
Guernsey has confirmed the name change from Afritin Mining Limited to Andrada
Mining Limited ("Andrada"). Accordingly, the change of name will take effect,
and dealings under the new company name of Andrada Mining Limited (AIM:ATM),
will commence from 8.00 a.m. on 11 January 2023.

As previously announced, the name Andrada reflects the Company's expanding
lithium and tantalum resources alongside its existing tin production. The new
name originates from José Bonifácio de Andrada e Silva, the Brazilian
mineralogist and professor who first discovered petalite and spodumene, which
are major lithium bearing minerals and a precursor to the identification of
lithium. Management believes that the Uis licence could host a globally
significant lithium resource.

The Company's ISIN will remain GG00BD95V148 and its trading mnemonic will
remain ATM. The information required to be disclosed pursuant to AIM Rule 26
of the AIM Rules for Companies can still be accessed on
https://afritinmining.com/investor-centre/aim-rule-26/
(https://afritinmining.com/investor-centre/aim-rule-26/) . A new website
address will be provided in due course.

Anthony Viljoen, CEO, commented: "I'm delighted to confirm the Company's
change of name and we look forward to rebranding as Andrada Mining. The
Company's potential lithium resource size in Namibia is extremely exciting,
and the change of name reflects the importance of it within our growing
production profile, beyond our existing tin operation. We look to the future
with huge excitement as Andrada Mining plays its part in the energy
transition."

 

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 AfriTin Mining Limited                                         +27 (11) 268 6555
 Anthony Viljoen, CEO

 Sakhile Ndlovu, Investor Relations

 WH Ireland Limited (Nominated Advisor)                         +44 (0) 207 220 1666

 Katy Mitchell

 H&P Advisory Limited (Corporate Advisor and Joint Broker)      +44 (0) 20 7907 8500
 Andrew Chubb

 Jay Ashfield

 Stifel Nicolaus Europe (Joint Broker)                          +44 (0) 20 7710 7600
 Ashton Clanfield

 Callum Stewart

 Varun Talwar

 Tavistock (PR)                                                 + 44 20 7920 3150
 Nick Elwes                                                     afritin@tavistock.co.uk

 Adam Baynes

 

About AfriTin Mining Limited

Notes to Editors

AfriTin Mining Limited is a London-listed technology metals mining company
with a vision to create a portfolio of globally significant, conflict-free,
producing and exploration assets. The Company's flagship asset is the Uis Tin
Mine in Namibia, formerly the world's largest hard-rock open cast tin mine.

AfriTin is managed by an experienced board of directors and management team
with a current strategy to ramp-up production at the Uis Mine in Namibia to
more than 10,000 tonnes of tin concentrate and 350,000 tonnes of lithium
concentrate in a Phase 2 expansion, having reached Phase 1 commercial
production in 2020. The Company strives to capitalise on the solid
supply/demand fundamentals of tin and lithium by developing a critical mass of
resource inventory, achieving production in the near term and further scaling
production by consolidating assets in Africa.

 

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