Mr. Matthieu Bos reports

SRG FILES A NEW NI 43-101 TECHNICAL REPORT FOR LOLA GRAPHITE PROJECT

SRG Mining Inc. has filed a new National Instrument 43-101 technical report covering the Lola graphite project updated feasibility study (UFS) for the Tier 1 Lola graphite project in the Republic of Guinea. The Lola graphite project UFS evaluates an annual production capacity of 94,000 tonnes of graphite flakes in concentrate per annum (ktpa) over a 17-year life of mine.

The Lola graphite project UFS was independently prepared by DRA Global Ltd. of Montreal, Canada, and Marc- Antoine Audet of Montreal, Canada. The qualified persons responsible for preparing the Lola graphite project UFS, on which the technical report was based, are Mr. Audet, Ghislain Prevost (DRA), Volodymyr Liskovych (DRA), Alex Duggan (DRA), Schadrac Ibrango (DRA) and Elie Accad (DRA).

The technical report, titled "Lola Graphite Project Updated Feasibility Study," has been filed on the SEDAR website and on SRG's website.

About SRG Mining Inc.

SRG Mining is a Canadian-based mining company focused on developing the Lola graphite project located in the Republic of Guinea, West Africa. The Lola graphite project has proven and probable reserves of 41 million tonnes at a grade of 4.14 per cent graphitic carbon. SRG aims to develop a fully integrated source of battery anode material to supply the European lithium-ion and fuel cell markets. With attractive operating costs, proximity to European end-markets and strong ESG (environmental, social, governance) credentials, the company is poised to become a reliable supplier while promoting sustainability and supply chain transparency. SRG is committed to generating sustainable, long-term benefits that are shared with the host countries and communities where it operates.

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