Total Voting Rights

NOT FOR ISSUE, RELEASE, PUBLICATION OR DISTRIBUTION

IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN.

27 July 2018

Bellzone Mining plc

Total Voting Rights

Bellzone Mining plc ("Bellzone" or the "Company") (AIM: BZM) announces that following the successful completion of the placing announced on 12 July 2017 (the "Placing") and the issue of 166,666,667 new ordinary shares of no par value ("Ordinary Shares") (the "Placing Shares"), the Company's issued share capital consists of 1,764,525,050 Ordinary Shares, of which 15,443,370 Ordinary Shares are held by the Company in treasury.

Therefore, as at 26 July 2018, the total number of voting rights in the Company is 1,749,081,680. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure and Transparency Rules of the UK Financial Conduct Authority.

Following the completion of the Placing and the vesting of share awards announced by the Company on 23 July 2018, Bellzone's major shareholder Hudson Global Limited ("Hudson") has had its voting rights diluted from 57.8% to 52.0%.

Enquiries

GENERAL

This announcement has been issued by Bellzone and is the sole responsibility of Bellzone.

THIS ANNOUNCEMENT IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND MAY NOT BE DISTRIBUTED IN THE UNITED STATES OF AMERICA.

SVS Securities Plc which is authorised by the Prudential Regulation Authority ("PRA") and regulated in the United Kingdom by the Financial Conduct Authority and the PRA, is a member of the London Stock Exchange. SVS is acting exclusively for the Company in connection with the Placing and is not acting for any other person and will not be responsible to any person other than the Company for providing the protections afforded to their customers or for providing advice on the transactions or arrangements referred to in this announcement.

This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice in any jurisdiction.

In particular, this announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in any jurisdiction including, without limitation, the United Kingdom, the United States, Canada, Australia, Hong Kong or Japan. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933 (the "U.S. Securities Act") and may not be offered, sold or transferred within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. No public offering of the Placing Shares will be made in the United States.

No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean that earnings per share of Bellzone for the current or future financial years would necessarily match or exceed the historical published earnings per share of Bellzone.

The Directors of Bellzone are:

Michael Farrow, Non-Executive Chairman

Julian Cheong, Chief Executive Officer

Simon Brickles, Non-Executive director

Antony Gardner-Hillman, Non-Executive director