Mr. Matthieu Bos reports

SRG MINING INC. ANNOUNCES DIRECTOR DSU GRANT

SRG Mining Inc., in connection with services rendered, has issued 351,043 deferred share units (DSUs) to its directors. In accordance with the company's amended and restated long-term incentive plan, the DSUs were priced based on the five-day volume-weighted average price (VWAP) ending Sept. 5, 2023, of the company's common shares on the TSX Venture Exchange.

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 Cg (graphitic carbon). SRG Mining aims to develop a fully integrated source of battery anode material to supply the European and North American lithium-ion and fuel cell markets. With attractive operating costs, proximity to European end-markets and strong ESG (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.