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African Metals Corporation Announces Appointment of Chairman of the Board

Management Changes

AFRICAN METALS CORPORATION ANNOUNCES APPOINTMENT OF CHAIRMAN

OF THE BOARD

FOR IMMEDIATE RELEASE: TORONTO, Ontario – The Newsw ire – February 5, 2021 –

African Metals Corporation (NEX: AFR.H) (“African Metals ” or the “Company ”) is pleased to

announce that John F. O’Donnell has been appointed as Chairman of the Board of the Company.

Mr. O’Donnell has been a director of the Company since July 18, 2016.

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release .

About African Metals

The common shares of the Company are listed on the NEX Board (“NEX”) of the TSX Venture

Exchange (“TSXV”). The Company has applied to the TSXV to transfer its listing from the NEX

to the TSXV as a Tier 2 issuer and to reinstate trading of the Common Shares on the TSXV, all in

accordance with applicable rules and policies of the TSXV.

For more information, please contact Daniel Gregory, Chief Financial Officer at (416) 709-9266

or by email at [email protected] .