MINERAL & FINANCIAL INVESTMENTS LIMITED

Grant of Restricted Share Units & Exercise of Options Resulting in Issue Of Equity

GEORGE TOWN, CAYMAN ISLANDS, August 20, 2025 - Mineral and Financial Investments Limited (LSE-AIM: MAFL) ("M&FI" or the "Company") is an London Stock Exchange AIM quoted Investment company focused on natural resource investments with an focus on mining and mineral sector by providing investment, financing and advisory services to its investee companies, announces the grant of  Restricted Share Units ("RSU") to certain directors under its 2021 Restricted Share Unit Scheme ("2021 RSU Scheme"). Full details are set out in the Company's 2021 Annual General Meeting documentation and were approved by the shareholders of the Company at that AGM. The board notes that it has not granted any RSU's or Options since 2022.

Grant of Restricted Share Units ("RSU")

The RSU's have been issued over 1,000,000 ordinary shares to certain directors and employees. The RSU's will have a 5-year term and vest in three equal instalments over a three ("3") year vesting period, with a reference market price of 23.0p per Share being the share price on 12 August 2025. The effect of the RSU is that it is a future claim to draw down the underlying shares for the recipient which allows them to manage their personal finances accordingly. The PDMR's who received the RSU's are as follows:

Exercise of Options

The Company announces that it has received a notice of exercise in respect of share options over 350,000 ordinary shares of 1.0p each in the Company at an exercise price of 13.50 pence by a consultant of the Company.

Application has been made for 350,000 new ordinary shares each in the Company ("New Ordinary Shares") to be admitted to trading on AIM. The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on 21 August 2025.

Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 37,905,871 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in following admission will be 37,905,871.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

FOR MORE INFORMATION:

Jacques Vaillancourt, Mineral & Financial Investments Ltd.                     +44 7 802 268 247

Katy Mitchell and Gabriella Zwarts, Zeus Capital                                        +44 207 220 1666

Jon Belliss, Novum Securities Limited                                                             +44 207 399 9400

The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.