Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

Jubilee Metals Group PLC

("Jubilee" or "the Company" or "the Group")

Dissemination of a Regulatory Announcement that contains inside information according to UK Market Abuse Regulations. Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

Dealing

Jubilee, the AIM and Altx traded metals processing company, was notified today, that Dr Mathews Phosa, Non- Executive director of the Company, sold 1 500 000 Jubilee ordinary shares ("Ordinary Shares") of 1 pence each at a price of 15 pence (ZAR 294 cents) per ordinary share on 9 June 2022. Following this transaction, Dr Phosa holds 2 727 384 Ordinary Shares in Jubilee, representing approximately 0.10% of the issued share capital of the Company.

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following information is disclosed:

Company director:                          Dr Mathews Phosa

Date of transaction:                        9 June 2022

Number of shares:                          1 500 000

Price per share:                                                15 pence/ZAR 294 cents

Class of shares:                                 Ordinary

Nature of transaction:                   Sale of shares on the open market

Nature of interest:                          Indirect beneficial

Total value:                                         GBP 225 000/ZAR 4 410 000

United Kingdom

13 June 2022

For further information visit www.jubileemetalsgroup.com  or contact:

Jubilee Metals Group PLC

Leon Coetzer

Tel:  +27 (0) 11 465 1913

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/ James Keeshan

Tel: +44 (0) 20 3368 3555

Broker - Shard Capital Partners LLP

Damon Heath/ Erik Woolgar

Tel +44 (0) 20 7186 9900

Joint Broker - Berenberg

Matthew Armitt/ Jennifer Lee/ Detlir Elezi

Tel +44 (0) 20 3207 7800

Joint Broker - WHIreland

Harry Ansell/ Katy Mitchell

Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618

JSE Sponsor - Questco Corporate Advisory Proprietary Limited

Sharon Owens

Tel: +27 (11) 011 9212

PR & IR Adviser - Tavistock

Jos Simson/ Gareth Tredway/ Charles Vivian

Tel: +44 (0) 207 920 3150

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

Notification and public disclosure of transactions by persons discharging managerial

responsibilities and persons closely associated with them