Tertiary Minerals Regulatory News (TYM)

6 August 2019

Tertiary Minerals plc ("Tertiary" or "the Company")

Update on Broker

Tertiary Minerals plc notes from the news story published on the Financial Conduct Authority ("FCA") website on 5 August 2019 that the directors of SVS Securities Plc ("SVS") have placed SVS into Special Administration. The FCA's announcement disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and restricting it from disposing of its own or its clients' assets. SVS was a joint broker to the Company however as a result of these developments, SVS will no longer be able to provide broking services to Tertiary.

SP Angel Corporate Finance LLP will continue to act as sole broker to Tertiary.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

Notes to Editors

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded mineral exploration company building and developing a multi-commodity project portfolio - Industrial minerals, base and precious metals.

CAUTIONARY NOTICE

The news release may contain certain statements and expressions of belief, expectation or opinion which are forward looking statements, and which relate, inter alia, to the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's directors. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Accordingly, you should not rely on any forward-looking statements and save as required by the AIM Rules for Companies or by law, the Company does not accept any obligation to disseminate any updates or revisions to such forward-looking statements.