Appointment of Broker

Jubilee Metals Group PLC

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("Jubilee" or "the Company")

Appointment of Broker

Jubilee is pleased to announce the appointment of Shard Capital Partners LLP ("Shard Capital") as its broker with immediate effect.

Jubilee has had a long standing relationship with Shard Capital which will no doubt add value to Jubilee's market and investor relations. The Jubilee board looks forward to working with Shard Capital in developing and enhancing shareholder and stakeholder value for Jubilee.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

United Kingdom

21 March 2018

Contacts

Jubilee Metals Group PLC

Colin Bird/Leon CoetzerTel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913Andrew SarosiTel +44 (0) 1752 221937

Nominated Adviser

SPARK Advisory Partners LimitedMark Brady/Andrew EmmottTel: +44 (0) 203 368 3555

Broker

Shard Capital Partners LLPDamon Heath/Erik WoolgarTel +44 (0) 20 7 186 9900

JSE Sponsor

Sasfin Capital (a member of the Sasfin group)

Sharon OwensTel +27 (0) 11 809 7500