Marula Mining PLC – Main Exchange Listing Update and Update

Marula Mining PLC

(“Marula” or the “Company”)

June 27, 2024

Update on main exchange listing and update

Marula Mining (AQSE: MARU A2X: MARU), an Africa-focused mining and development company, is pleased to provide an update on the Company's plans and strategy for its listing on a primary stock exchange in the United States. United Kingdom and double registrations in South Africa And Kenya.

The main listing of the Company's securities in the United Kingdom will remain the Apex segment of Aquis Scholarship AQSE Growth Market and with a current dual listing in South Africa and proposed a new double listing in Kenya which the Company wishes to finalize at the start of the second half of 2024.

Strong points:

· The Company is currently undertaking significant investments and project development across its portfolio of advanced and producing battery metals projects in Africa

· mining operations in East Africa And South Africa are progressing toward a stable operating state and generating increasing positive operating cash flows

· sales and export profits must start at the same time Blesberg lithium and tantalum mine In South Africa and the Larisoro manganese mine In Kenya and both are expected to increase significantly in the second half of 2024 in terms of mining production and revenue generation.

· In addition, the Company is expected to commence its mining and processing operations at Kinusi Copper Minewhich, according to the directors, will generate positive operating cash flow in the second half of 2024

· production and sale of mineral by-products in Blesberg lithium and tantalum mine are also expected to start in the second half of 2024 and further contribute to the Company's profits and mineral production growth.

· The Company remains committed to increasing value for its shareholders and believes that its current primary and dual listing in South Africa and the double quotation provided for in Kenya offers it a financial markets platform adapted to this period of significant growth and investment

Marula directors are responsible for the content of this announcement. This announcement contains inside information for the purposes of UNITED KINGDOM Regulation on market abuse.

About Marula Mining

Marula Mining (AQSE: MARU A2X: MARU) is an African battery metals exploration and investment company with interests in several high-value mining projects in Africa. Africa; THE Blesberg lithium and tantalum mine In South AfricaTHE Kinusi copper mineTHE Nyorinyori Graphite ProjectTHE NyoriGreen Graphite Project and the Bagamoyo Graphite Project all in Tanzania and the Nkombwa Hill Project In Zambia. As we progress operations of these battery metals projects, Marula will continue to develop and expand its interests in other high-quality projects in Africa.

Marula's strategy is to identify and invest in advanced, high-value mining projects in the East, Central and South Africa which the directors believe is likely to generate returns for its shareholders. The board and management team aim to make Marula a socially and environmentally responsible, sustainable and profitable producer of critical metals and raw materials that are of increasing strategic importance to modern technologies and the global economy. Marula's shares are traded on the London Stock Exchange. AQUIS Scholarship (AQSE) and South Africa On the independent A2X stock exchange, Marula is seeking an additional dual listing on Kenya Nairobi Stock Exchange and South Africa Johannesburg Stock Exchange.

For any inquiries, contact:

Marula Mining PLC Jason Brewer, General manager Faith Kinyanjui Mumbi Investor Relations	Email: [email protected] Email: [email protected]
AQSE Corporate Advisor Cairn Financial Advisers LLP, Liam Murray / Ludovico Lazzaretti	+44 (0)20 7213 0880
Broker Peterhouse Capital Limited,Charles Goodfellow / Duncan Vasey	+44 (0)20 7469 0930
Public Relations and Financial Investor Relations Blythe Ray Tim Blythe / Megan Ray / Said Izagaren	+44 (0)20 7138 3204

Caution:

Certain statements contained in this press release are, or may be deemed to be, forward-looking statements. Forward-looking statements are identified by the use of words and phrases such as “believe,” “could,” “should,” “expect,” “estimate,” “intend,” “may,” “plan,” “potentially,” “expect,” “will” or the negative thereof, variations thereof or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts, but rather on the directors’ current expectations and assumptions regarding the Company’s future growth, results of operations, performance, capital expenditures and other future expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. These forward-looking statements reflect the directors’ current beliefs and assumptions and are based on information currently available to them.