An anonymous director reports

KATANGA MINING PROVIDES STATUS UPDATE

Katanga Mining Ltd. is providing a status update in accordance with its obligations under the alternative information guidelines set out in National Policy 12-203 -- Management Cease Trade Orders (NP 12-203), which require the company to provide biweekly updates until such time as the company is current with its filing obligations under Canadian securities laws. As previously announced, the company is subject to a management cease trade order (MCTO) issued by the Ontario Securities Commission. The MCTO prohibits the directors and executive officers of the company from trading in or acquiring securities of the company until two full business days after the company's 2017 second-quarter filings, and previously disclosed restated financial statements and related management's discussion and analysis are filed.

The company advises that: (i) there have been no material changes to the information contained in the company's July 31, 2017, Aug. 14, 2017, Aug. 29, 2017, and Sept. 12, 2017, news releases; (ii) it intends to continue to comply with the alternative information guidelines of NP 12-203; and (iii) except as previously disclosed, there are no subsequent specified defaults (actual or anticipated) within the meaning of NP 12-203.

About Katanga Mining Ltd.

Katanga Mining operates a major mine complex in the Democratic Republic of the Congo, producing refined copper and cobalt. The company has the potential to become Africa's largest copper producer and the world's largest cobalt producer.

We seek Safe Harbor.