Namibia Critical Metals Announces Grant of Stock Options

Press Release

Namibia Critical Metals Announces Grant

of Stock Options

Halifax, Nova Scotia September 20, 2018 – Namibia Critical Metals Inc. (“Namibia Critical

Metals” or the “Company”) (TSXV:NMI) announced today that its board of directors approved

the granting of incentive stock options (" Options") under its stock option plan to certain of

its directors and officers to acquire up to an aggregate of 6,300,000 common shares

("Common Shares ") of the C orporation and the granting of Options to certain of its

employees to acquire up to an aggregate of 100,000 Common Shares.

All of such Options are exercisable for a period of five years at a price of CDN$0.21 per

Common Share. Upon the granting of the Options described above, Namibia Critical Metals

will have 10,050,000 Options outstanding, which represents approximately 5.6% of the

180,325,121 Common Shares currently outstanding.

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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