Press Release

April 13, 2021 – Lunsar, Sierra Leone: SL Mining Limited (“SL Mining/the Company”) issues this press release in response to recent false statements

in press articles in certain Sierra Leone publications following an industrial fatality at its Marampa mine site, with the death of Sheiku Saffa, 39, an

experienced workshop Supervisor, at approximately 1300 hours on April 7, 2021. Two other personnel who were at the workshop at the time of the

accident were not injured.

The Company’s emergency protocols were immediately activated and implemented. Security and a nurse from the Health and Safety department

along with a company ambulance arrived at the scene within minutes, but sadly the employee had already succumbed to his injuries.

On behalf of SL Mining, the directors and management of SL Mining and SL Mining’s employees conveyed their heartfelt condolences and deepest

sympathies to Mr. Saffa’s family, co-workers and friends. Since the tragic accident, SL Mining has been providing all necessary support and assistance to Mr. Saffa’s family. Management and the general workforce joined together to mourn the tragic loss of our colleague on April 8th.

The Company, which is currently under ‘Care and Maintenance’, immediately notiRed the Local Unit Commander of Sierra Leone Police, and the Managing Director informed the Company’s management immediately thereafter. Contrary to certain press reports, SL Mining did immediately, on the same day as the incident, report the accident to the National Minerals Agency (“NMA”) in accordance with all NMA requirements, who on April 9th conRrmed the receipt of such information.

SL Mining is conducting a more detailed investigation and cooperating with all authorities in this unfortunate accident and out of respect for Mr.

Saffa’s family will refrain from commenting further in the press. However, given the false articles that are circulating in the press, SL Mining wishes to

make clear that this was a tragic accident and to disregard the false press that is circulating.

SL Mining’s top priority is the health and safety of its workforce at its mine site and the Company observes the highest health and safety policies and

standards. Until such time as the outcome of the enquiries has been reached, we cannot release further details.

SL Mining: