Namibia Critical Metals Retains Renmark Financial Communications Inc.
Namibia Critical Metals Retains Renmark Financial
Communications Inc.
Halifax, Nova Scotia October 29, 2025 – Namibia Critical Metals Inc. (“Namibia Critical
Metals” or the “Company” or “NCMI”) (TSXV: NMI OTCQB: NMREF) is pleased to announce
that it has retained the services of Renmark Financial Communications Inc. to handle its investor
relations activities.
“We are pleased to announce that we have selected Renmark to reinforce Namibia Critical
Metals Inc.’s profile in the financial community and enhance the visibility of our company. We
chose Renmark because its standards and methodologies fit best with the message we wish to
communicate to the investing public,” noted Darrin Campbell, President & Corporate Secretary.
In consideration of the services to be provided, the monthly fees incurred by Namibia Critical
Metals Inc. will be a cash consideration of up to $9,000 CAD, starting November 1st, 2025, for a
period of seven months ending on May 31st, 2026, and monthly thereafter.
Renmark Financial Communications does not have any interest, directly or indirectly, Namibia
Critical Metals Inc. or its securities, or any right or intent to acquire such an interest.
About Renmark Financial Communications Inc.
Founded in 1999, Renmark is a leading privately held full-service investor relations firm, located
in Atlanta, New York, Toronto and Montreal. For the past 25 years, Renmark has provided
services in investor relations, media relations and web development representing small, medium
and large cap public companies listed on all major North American exchanges. On a daily basis
our team of professionals enhance our client’s visibility within the retail market space as
corporate communicators. With the largest roadshow footprint in North America, and a state-of-
the-art media studio, we host a multitude of live streaming Virtual Non-Deal Roadshows across
North America and Europe.
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 have 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).
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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 supplies 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.
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$16,745,000 of
the $20,000,000 Earn-In requirement to reach 50% interest.
Darrin Campbell, President, has reviewed and approved this press release.
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
Renmark Financial Communications Inc.
Preston Conable: [email protected]
Tel.: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com
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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”, “estimate”, “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 estimates 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 reliance on forward-looking information.