Result of Meeting

13 February 2024

Xtract Resources Plc

("Xtract" or the "Company")

Result of General Meeting

The Board of Xtract Resources Plc ("Xtract" or the "Company") is very pleased to announce that at the General Meeting of the Company held earlier today, the resolution to approve the disposal of the Company's entire interests in the Manica Gold Project (as set out in the circular to the Company's shareholders dated 24 January 2024) was approved by shareholders.

A further announcement will be made on completion of the Disposal which is expected to occur shortly. Following completion of the Disposal, the Company will remain an operating minerals company under the AIM Rules focusing on its material minerals interests in its two large scale early-stage exploration copper projects in Northeast Zambia and the Bushranger copper Project in Australia.

A Copy of this announcement will be available on the Company's website www.xtractresources.com. Unless the context otherwise requires, capitalised terms of this announcement shall have the same meaning ascribed to them in the circular to shareholders dated 24 January 2024.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

The person who arranged for the release of this announcement on behalf of the Company was Colin Bird, Executive Chairman and Director.

Enquiries:

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information or opinions contained in this announcement or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.

ENDS