Mr. Darrin Campbell reports

NAMIBIA CRITICAL METALS RETAINS RENMARK FINANCIAL COMMUNICATIONS INC.

Namibia Critical Metals Inc. 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 and corporate secretary.

In consideration of the services to be provided, the monthly fees incurred by Namibia Critical Metals will be a cash consideration of up to $9,000, starting Nov. 1, 2025, for a period of seven months ending on May 31, 2026, and monthly thereafter.

Renmark Financial Communications does not have any interest, directly or indirectly, Namibia Critical Metals 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, Renmark's team of professionals enhance its clients' visibility within the retail market space as corporate communicators. With the largest road show footprint in North America and a state-of-the-art media studio, Renmark hosts a multitude of live streaming virtual non-deal road shows across North America and Europe.

About Namibia Critical Metals Inc.

Namibia Critical Metals 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 licence and is under a joint venture (JV) agreement with Japan Organization for Metals and Energy Security (JOGMEC).

About Japan Organization for Metals and Energy Security (JOGMEC) and the JV

JOGMEC is a Japanese government independent administrative agency that 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 $250-million (U.S.) 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 Corp. to invest 110 million euros in Carester's heavy rare earth separation plant, Caremag, located at Lacq, France.

Namibia Critical Metals owns a 95-per-cent interest in the Lofdal project, with the remaining 5 per cent held for the benefit of historically disadvantaged Namibians. The terms of the JOGMEC joint venture agreement with the company stipulate that JOGMEC provides $3-million (Canadian) in term 1 and $7-million (Canadian) in term 2 to earn a 40-per-cent interest in the Lofdal project. Term 3 calls for a further $10-million (Canadian) of expenditures to earn an additional 10-per-cent interest. JOGMEC can also purchase another 1 per cent for $5-million (Canadian), and has first right of refusal to fully finance the project through to commercial production and to purchase all production at market prices. The collective interests of Namibia Critical Metals and historically disadvantaged Namibians cannot be diluted below a 26-per-cent carried working interest upon payment of $5-million (Canadian) to JOGMEC for the dilution protection. Namibia Critical Metals may elect to participate up to a maximum of 44 per cent by financing pro rata after the earn-in period is completed.

To date, JOGMEC has completed term 2 and earned a 40-per-cent interest by reaching the $10-million (Canadian) expenditure requirement. Total approved project financing to date is $16,745,000 (Canadian) of the $20-million earn-in requirement to reach a 50-per-cent interest.

We seek Safe Harbor.