Alba Mineral Resrcs. - Acquisition & Placing

· Acquisition of Motzfeldt Project: Alba to acquire a majority stake in the Motzfeldt Critical Metals Project in southern Greenland, enriched in Niobium (Nb), Tantalum (Ta), Zirconium (Zr), and Rare Earth Elements (“REEs”).

· Strategic Metals Exposure: Motzfeldt provides diversified exposure to four critical raw materials (“CRMs”), Niobium, Tantalum, Zirconium, Rare Earths, essential for clean energy, advanced technology, and defence.

· Motzfeldt one of only five CRM projects in Greenland granted “very large deposit” status by GEUS (Danish & Greenlandic Geological Survey), and one of only two multi-element CRM projects with scale.

· JORC-Compliant Resource: Motzfeldt’s Aries deposit holds an inferred resource of 340Mt, containing 41,000t of Tantalum, 629,000t of Niobium, 1.56Mt of Zirconium and 884,000t of Total Rare Earth Oxides.

· Complementary to Alba’s existing CRM asset portfolio, comprising its investment in GreenRoc Strategic Materials plc (“GreenRoc”), owner of the Amitsoq Graphite Project, and its earn-in to the Finnsbo REE & Gold Project in Sweden (“Finnsbo”).

· Strategic Funding Potential: Strong alignment with UK, EU, and US critical mineral strategies, providing potential access to non-dilutive or low cost governmental, institutional and international export/import bank grants and loans.

· Alba team highly experienced operators in Greenland, having previously operated four projects there and completed three successful drilling campaigns between 2016–2021.

· The current project owners have partnered with the University of St Andrews, experts in the Motzfeldt Centre style of mineralisation, over the past three years to develop an exciting new model for high-grade REE mineralisation at Motzfeldt.

· The current operators are about to commence a field programme at Motzfeldt, meaning Alba will benefit from immediate news-flow and valuable data generation for high-grade REE prospects at the Project.

· Alba has identified certain key value drivers for the Project including a detailed metallurgical test work programme on an Aries deposit bulk sample and a Scoping Study / Preliminary Economic Assessment.

· Alba estimates that at least £5-6m has been spent on the Project by previous operators, including on two drill programmes and other field and technical work programmes.

· Acquisition terms: consideration for the acquisition of a 51% controlling interest in the Project comprises £30,000 in cash and £945,000 in Alba shares, with the shares issued at 0.02414p, a premium of approximately 10% above the last closing price of Alba shares of 0.022p on 11 July 2025.

· Fundraising: A share placing has raised £550k (before costs) to progress work at Motzfeldt and Finnsbo and support the next phase of blasting and bulk sampling at the Clogau-St David’s Gold Mine in Wales (“Clogau”).