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African Energy Metals Appoints Senior Uranium Advisor

Management Changes

African Energy Metals Inc. Suite 401, 750 West Pender Street, Vancouver, B.C., Canada, V6C 2T7 1

AFRICAN ENERGY METALS APPOINTS SENIOR URANIUM ADVISOR

Vancouver, British Columbia - (January 24, 2023) – African Energy Metals Inc. (TSXV: CUCO;

FSE: BC2; OTCQB: NDENF; WKN: A3DEJG) (“ African Energy Metals” or the “ Company ”)

is pleased to announce the Company has appointed Mr . Guy Hebert, a senior mining executive

with extensive experience in uranium and polymetallic deposits to our Technical Advisory Board.

Mr. Guy Hebert has been active in the mining industry for the last 49 years and was the architect

of over $400 million in financing for either uraniu m, gold, and base metal mining projects in

Canada and internationally. He has brought three mi nes into production since 1980. Mr. Hebert

was President and CEO of Strateco Resources Inc. wh ere he developed the high-grade uranium

Matoush project in Quebec between 2000 and 2020. Mr. Hebert was President and CEO of Lyon

Lake Mines Ltd. from 1986 to 2001 and brought the Beta Vargas mine, a 1,000 tons per day open

pit gold mine in Costa Rica, into production. He was President and CEO of Audrey Resources Inc.

from 1985 to 1992 and started up the Bouchard-Heber t mine, a 2,500 tons per day open pit and

underground polymetallic mine (Zn, Cu, Au, Ag) in Q uebec that was taken over by Cambior in

1992. As President of Aiguebelle Resources Inc. from 1980 to 1985, Mr. Hebert brought the 1,500

tons per day Yvan Vezina gold mine in Quebec into p roduction between 1980 and 1985 which

was taken over by Cambior. Mr. Hebert holds a Bache lor of Sciences degree with a speciality in

Geology from the University of Montreal (1973) and a Master of Business Administration from

Sherbrooke University (1977).

Mr. Stephen Barley, Executive Chairman commented: “ We are thrilled to have Mr. Hebert join

our advisory team. Guy has senior experience in funding, exploring, and developing uranium and

polymetallic projects such as our recently announced Falea uranium, copper, silver project in Mali,

West Africa. Mr. Hebert’s guidance will be of treme ndous value to the management team and

board of directors.”

About African Energy Metals

African Energy Metals is a natural resource company with a focus on the acquisition, exploration,

development, and operation of uranium, copper, coba lt, and lithium energy metals projects in

Africa. African Energy Metals has the intention of acquiring interests in additional concessions or

relinquishing concessions in the normal course of b usiness. African Energy Metals has an

experienced management team located in Africa.

For further information, please contact:

Stephen Barley, Executive Chairman

Phone: +1-604-428-7050

Email: [email protected]

Website: www.africanenergymetals.com

African Energy Metals Inc. Suite 401, 750 West Pender Street, Vancouver, B.C., Canada, V6C 2T7 2

Reader Advisory

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain “forward-looking information” within the meaning of applicable securities laws. Although

the Company believes, considering the experience of its officers and directors, current conditions and expected future

developments and other factors that have been consi dered appropriate, that the expectations reflected in this forward-

looking information are reasonable, undue reliance should not be placed on them as the Company can give no assurance

that they will prove to be correct. The statements in this press release are made as of the date of this release. The Company

undertakes no obligation to comment on analyses, ex pectations or statements made by third parties in r espect of the

Company its securities, or its financial or operati ng results.