An anonymous director reports

MINISTRY OF MINES AND ENERGY OF NAMIBIA HAS FAILED FILING ITS DEFENSE ON FEBRUARY 14, 2022

Deep-South Resources Inc. notes that the legal counsel of the Ministry of Mines and Energy of Namibia has failed to file its defence affidavit as ordered by the High Court of Namibia on Nov. 25, 2021. The ministry's counsel stated that it has discovered new documents which are not part of the record of proceedings. The ministry's counsel has requested an extension to file those documents. The legal counsel has filed a joint status report with the court on Feb. 28, 2022. Deep South's legal counsel recorded in this status report that the ministry's counsel previously indicated that a complete record had been filed. Since the beginning of the procedures, the ministry has failed providing any evidence supporting the decision of the minister to not renew the Haib copper licence EPL 3140.

Deep-South's legal counsel vigorously opposes the extension request, and requested that the judge ensure a just and speedy determination of the case.

The court will hold another hearing on March 3, 2022. The latest request of the ministry will be considered at that hearing.

The company will provide regular updates in this regard and any other matter concerning this situation.

About Deep-South Resources Inc.

Deep-South Resources is a mineral exploration and development company. Deep-South's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution.

We seek Safe Harbor.