Mr. Matthieu Bos reports

SRG MINING INC. ANNOUNCES ELECTION OF DIRECTORS

All nominees listed in the management proxy circular were elected as directors of SRG Mining Inc. at its annual general meeting of shareholders held today.

A total of 51,617,030 common shares or 45.35 per cent of the company's issued and outstanding common shares at the record date were represented in person or by proxy at the AGM.

Six incumbent directors were re-elected.

                       VOTING RESULTS FOR ELECTION OF DIRECTORS

Nominee              Votes for   % of votes for   Votes withheld   % of votes withheld

Benoit La Salle     51,591,723            99.96           21,602                  0.04 
Marc Filion         51,611,200              100            2,175                     0 
Yves Grou           51,611,200              100            2,125                     0 
Abdoul Aziz Nassa   51,593,200            99.96           20,125                  0.04 
Alhamdou Diagne     51,593,200            99.96           20,125                  0.04 
Vincent Benoit      51,611,200              100            2,125                     0 

The company is also pleased to announce that at the AGM, shareholders approved the appointment of Olivier Colom as an additional member to the board of directors.

The proposal to reappoint Raymond Chabot Grant Thornton, chartered professional accountants, as external auditor and authorize directors to fix its remuneration was approved.

For:  99.99 per cent

Withheld:  0.01 per cent

Finally, the shareholders also approved the company's 2023 20-per-cent fixed amended and restated stock option plan, amended and restated deferred share unit plan, and amended and restated restricted share unit plan.

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 probable reserves of 42 million tonnes at a grade of 4.2 per cent graphitic carbon. SRG Mining 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 environmental, social and governance credentials, the company is poised to become a reliable supplier while promoting sustainability and supply chain transparency.

SRG Mining is committed to generating sustainable, long-term benefits that are shared with the host countries and communities where it operates.

We seek Safe Harbor.