Announcement PDF RNS Number : 7065B Alba Mineral Resources PLC 12 October 2020 Alba Mineral Resources plc ("Alba" or the "Company") Alba Terminates Bergen Investment Facility Alba Mineral Resources plc (AIM: ALBA) announces that it has terminated the convertible securities issuance deed (the "Agreement") with a U.S.-based institutional investment fund managed by Bergen Asset Management, LLC (the "Investor"), first announced on 24 February 2020, which provided funding in the form of the issuance by Alba of unsecured zero coupon convertible securities (the "Convertible Securities"). As such, Alba will be issuing no further Convertible Securities under the Agreement and the Investor will be providing no further funding and receiving no further Alba shares under the terminated investment facility. This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. For further information, please contact: Alba Mineral Resources plc George Frangeskides, Executive Chairman +44 20 3907 4297 Cairn Financial Advisers LLP (Nomad) James Caithie / Liam Murray +44 20 7213 0880 ETX Capital Limited (Broker) Thomas Smith +44 20 7392 1494 Alba's Project and Investment Portfolio Project (commodity) Location Ownership Amitsoq (graphite) Greenland 90% Clogau (gold) Wales 90% Inglefield (copper, cobalt, gold) Greenland 100% Limerick (zinc-lead) Ireland 100% Mining Projects Melville Bay (iron ore) Greenland 51% TBS (ilmenite) Greenland 100% Brockham (oil) England 5% Horse Hill (oil) England 11.765% Oil & Gas Investments This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCGPGUAUUPUGUU