Directorate Appointment and Grant of Options

Firering Strategic Minerals plc, an exploration company focusing on critical minerals, is pleased to announce it has appointed Remy Welschinger as Non-Executive Director with effect from today.

Rémy Welschinger is the Cofounder and President of Viridian Lithium SAS, which is focused on building the first lithium refining and conversion plant in France. Remy was until recently finance director of Arc Minerals Limited, the Zambia-focused copper explorer (and remains as a non- executive director). Up until 2018, he was Head of Commodities Sales in Europe for Deutsche Bank and previously, an Executive Director in the Fixed Income and Commodities division of Morgan Stanley in London.

Commenting on the appointment Yuval Cohen, Chief Executive Officer of Firering, said:

"On behalf of the board I would like to welcome Rémy to the team. He has extensive, relevant commodity experience gained from his role at Viridian Lithium, and African experience from Arc Minerals, making him an ideal addition to our team. I look forward to working closely with Rémy as we continue to advance our work programme at Atex our flagship lithium project in Côte d'Ivoire."

Grant of Options

As part of his appointment package Mr Welschinger has been granted a total of 868,854 options ("Options"). The Options have a term of five years from the date of grant and upon exercise entitles the holder to purchase one ordinary share per Option at an exercise price of 6.5 pence per ordinary share.

Additional information:

Remy Jaime Jacques-Henri Welschinger, aged 41, holds or has previously held the following directorships:

Mr Welschinger holds 965,000 ordinary shares in the Company representing 0.95% of the issued share capital. This includes 300,000 ordinary shares held by Mr Welschinger's spouse.