African Gold Peer Comparison

Estimated Timeline Activities Private Raise Phase 3 Infill Resource Drilling Upgrading of Additional targets Maiden Resource Statement Production from Small Scale Mining IPO & Listing (Appointed: PKF - Auditors; Beaumont Cornish – NOMAD) - Gold Sales *Phases of potential uplift. Q1 2022 Q2 2022 Q3 2022 Q4 2022 * * AFRICAN LIONS GOLD plc 18

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