Namibia Critical Metals’ Recent Market Activity

Press Release

Namibia Critical Metals’ Recent Market Activity

Halifax, Nova Scotia October 29, 2019 – At the request of IIROC, Namibia Critical Metals

Inc. (“Namibia Critical Metals” or the “Company”) (TSXV:NMI) wishes to confirm that the

Company’s management is unaware of any material change in the Company’s operations that

would account for the recent increase in market activity.

About Namibia Critical Metals Inc.

Namibia Critical Metals Inc. holds a diversified portfolio of exploration and advanced stage

projects in the country of Namibia focused on the development of sustainable and ethical

sources of metals for the battery, electric vehicle and associated industries. The common

shares of Namibia Critical Metals Inc. trade on the TSX Venture Exchange under the symbol

“NMI”.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term

is defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.

For more information please contact -

Namibia Critical Metals Inc.

Don Burton, President

Tel: +01 (902) 835-8760

Fax: +01 (902) 835-8761

Email: [email protected]

Web site: www.NamibiaCriticalMetals.com

The foregoing information may contain forward -looking information relating to the future performance of Namibia Rare Earths Inc. Forward -

looking information, specifically, that concerning future performance, is subject to certain risks and uncertainties, and actual results may differ

materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions.

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