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NMI.V ·

Namibia Critical Metals Expands Investor Communications with Engagement of Proactive Investors

Corporate Updates

Press Release

Namibia Critical Metals Expands Investor Communications with

Engagement of Proactive Investors

Halifax, Nova Scotia July 18, 2025 – Namibia Critical Metals Inc. (“Namibia Critical Metals” or

the “Company” or “NCMI”) (TSXV: NMI OTCQB: NMREF) is pleased to announce today that

the Company has retained the services of Proactive Investors

(https://www.proactiveinvestors.com/) to assist in investor communications and public

market outreach. Proactive’s investor relations reach spans key finance and investing hubs

throughout the world, with bureaus and studios in London, New York, Toronto, Vancouver,

Sydney, and Perth. Their team brings a deep and broad expertise in digital journalism,

professional and retail investing with over fifteen years creating content for investors,

centered around Proactive’s platform that assists companies to reach broader investor

audiences. The term of the engagement is for 15 months at an upfront fee of C$28,000.

About Namibia Critical Metals Inc.

NCMI is developing the Tier-1 Heavy Rare Earth Project, Lofdal, a globally significant deposit

of the heavy rare earth metals dysprosium and terbium. Demand for these critical metals

used in permanent magnets for electric vehicles, wind turbines and other electronics is driven

by innovations linked to energy and technology transformations. The geopolitical risks

associated with sourcing many of these metals ha ve become a repeated concern for

manufacturers and end users. Namibia is a proven and stable mining jurisdiction.

The Lofdal Project is fully permitted with a 25-year Mining License and is under a Joint Venture

agreement with Japan Organization for Metals and Energy Security (JOGMEC).

About Japan Organization for Metals and Energy Security (JOGMEC) and the JV

JOGMEC is a Japanese government independent administrative agency which seeks to secure

stable resource supplies for Japan. JOGMEC has a strong reputation as a long term, strategic

partner in mineral projects globally. JOGMEC facilitates opportunities with Japanese private

companies to secure suppl ies of natural resources for the benefit of the country’s economic

development.

Rare earth elements are of critical importance to Japanese industrial interests and JOGMEC

has extensive experience with all aspects of the sector. JOGMEC provided Lynas with

USD$250,000,000 in loans and equity in 2011 to ensure supplies of the Light Rare Earths

metals suite to the Japanese industry and invested a further $134 million in 2023.

In March 2025 JOGMEC announced a partnership with Iwatani Corporation to invest 110

million euros in Carester ’s heavy rare earth separation plant, Caremag, located at Lacq ,

France.

2

Namibia Critical Metals owns a 95% interest in the Lofdal project with the remaining 5% held

for the benefit of Historically Disadvantaged Namibians. The terms of the JOGMEC joint

venture agreement with the Company stipulate that JOGMEC provides C$3,000,000 in Term

1 and C$7,000,000 in Term 2 to earn a 40% interest in the Lofdal project. Term 3 calls for a

further C$10,000,000 of expenditures to earn an additional 10% interest. JOGMEC can also

purchase another 1% for C$5,000,000 and has first right of refusal to fully fund the project

through to commercial production and to purchase all production at market prices. The

collective interests of NCMI and historically disadvantaged Namibians cannot be diluted below

a 26% carried working interest upon payment of C$5,000,000 to JOGMEC for the dilution

protection. NMI may elect to participate up to a maximum of 44% by funding pro rata after

the earn in period is completed.

To date, JOGMEC has completed Term 2 and earned a 40% interest by reaching the C$10

million expenditure requirement. Total approved project funding to date is C$1 6,745,000 of

the $20,000,000 Earn-In requirement to reach 50% interest.

Darrin Campbell, President, has reviewed and approved this press release.

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

the symbol “NMI” and the OTCQB Market under the symbol “NMREF”.

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.

Darrin Campbell, President

Tel: +01 (902) 835-8760

Email: [email protected] Web site: www.NamibiaCriticalMetals.com

This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward looking information

is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “est imate”, “may”, “will”, “would”,

“potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only

predictions. Forward-looking information is based on the opinions and estimate s of management at the date the information is provided, and is

subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in

the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should

refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if

circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue r eliance

on forward-looking information.