Placement of BMR Shares fully executed Jubilee Metals Group PLC Registration number (4459850) AltX share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee" or "the Company") Placement of BMR Shares fully executed Highlight - Jubilee increases its institutional shareholder base by successfully completing the placement of allocated Jubilee shares held by BMR for the settlement of approved historical creditors Jubilee is pleased to report, further to the announcement on 4 June 2018, the successful completion of a placing of existing shares held by BMR Group PLC (“BMR”) to institutional shareholders. The proceeds of the shares will be used by BMR to settle all the approved historical BMR creditors. Leon Coetzer, Chief Executive commented: “I am very pleased to have received such overwhelming institutional support to execute the placement of the Jubilee shares previously held by BMR. The proceeds realised by the placement of these shares fully settles the approved BMR historical creditors. This support by the institutional investors is based both on our track record of delivering successful projects as well as sharing in our vision of growing a global metals recovery company. “ United Kingdom 11 June 2018 Contacts Jubilee Metals Group PLC Colin Bird/Leon Coetzer Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913 Andrew Sarosi Tel +44 (0) 1752 221937 Nominated Adviser SPARK Advisory Partners Limited Mark Brady/Andrew Emmott Tel: +44 (0) 203 368 3555 Broker Shard Capital Partners LLP Damon Heath/Erik Woolgar Tel: +44 (0) 207 186 9900 JSE Sponsor Sasfin Capital, (a member of the Sasfin group) Sharon Owens Tel +27 (0) 11 809 7500 Date: 11/06/2018 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.