Askari Metals LimitedASX: AS2

Askari Metals Limited change of company secretary

· Issued by Askari Metals Limited

Askari Metals Limited (ASX: AS2) ('Askari' or 'Company') is pleased to announce the appointment of Mr Leonard Math as Company Secretary of the Company.

Mr Math is a Chartered Accountant with more than 15 years of resources industry experience.

He previously worked as an auditor at Deloitte and is experienced with public company responsibilities including ASX and ASIC compliance, control and implementation of corporate governance, statutory financial reporting and shareholder relations.

Mr Math has held multiple Director, CFO and Company Secretary roles for ASX listed companies, particularly in the uranium and lithium resource sector and including companies operating in Africa. Mr Paul Fromson has stepped down from his role as Company Secretary and will remain as the Company's Chief Financial Officer. For the purposes of ASX Listing Rule 12.6, Mr Leonard Math will be the person responsible for communications between the Company and ASX.

Contact:

Tel: +61 400 408 878

ABOUT ASKARI METALS

Askari Metals is a focused Southern African exploration company. The Company is actively exploring and developing its Uis Lithium Project in Namibia located along the Cape-Cross - Uis Pegmatite Belt of Central Western Namibia. The Uis project is located within 2.5 km from the operating Uis Tin-TantalumLithium Mine which is currently operated by Andrada Mining Ltd and is favourably located with the deep water port of Walvis Bay being less than 230 km away from the Uis project, serviced by all-weather sealed roads. In March 2023, the Company welcomed Lithium industry giant Huayou Cobalt onto the register who remains supportive of the Company's ongoing exploration initiatives. The Company has also recently acquired the Matemanga Uranium Project in Southern Tanzania which is strategically located less than 70km south of the world-class Nyota Uranium Mine. Askari Metals is actively engaged in due diligence to acquire further uranium projects in this emerging tier-1 uranium province. The Company is currently assessing its options for a spin-out divestment strategy of the Australian projects which includes highly prospective gold, copper, lithium and REE projects.

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