07 January 2026

Tungsten West Plc

("Tungsten West", the "Company" or the "Group")

Director Dealings

Tungsten West plc (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, announces that it has been informed of the following share dealing by a director in the Company.

Further to the Company's announcement on 2 January 2026, Tungsten West has been informed that Richard Maxey, Non-Executive Director, has become interested in a total of 366,210 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), following the mandatory conversion of £10,986.30 of convertible loan notes at 3.00 pence per Ordinary Share.

Following the above acquisition, the beneficial holdings in Tungsten West of Mr Maxey are as follows:

Update to the Drakewood Concert Party

The Drakewood Concert Party now comprises Drakewood Capital Management Limited, David Lilley, Henry Maxey, Rick Maxey, Godolphin Minerals Limited, Mark Thompson and Andrew Monk. Following the issuance of the Conversion Shares the shareholdings of the individual members of the Drakewood Concert Party is as follows:

Ends

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

PDMR Notification Form:

The notification below is made in accordance with the requirements of MAR.