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Altus Strategies Plc, the Africa focused project and royalty generator, is pleased to announce that all conditions have been fulfilled in respect of the strategic investment (“La Mancha Strategic Investment”) by La Mancha Holding S.à r.l. (“La Mancha”) and that the 124,229,389 new ordinary shares in the Company (“Ordinary Shares”) issued to La Mancha were admitted to trading on AIM at 8:00 a.m. (GMT) this morning. As approved by shareholders at the General Meeting held on 18 February 2020, the Company will undertake a share consolidation, by way of one consolidated ordinary share (“Consolidated Ordinary Share”) for every five existing Ordinary Shares (the “Share Consolidation”). The Share Consolidation will be effective after the close of trading in the Company’s shares on AIM and the TSX Venture Exchange (“TSX-V”) on Friday, 21 February 2020 (the “Share Consolidation Record Date”). The ISIN for the Consolidated Ordinary Shares is GB00BJ9TYB96 and the CUSIP number is G03676 122.

La Mancha Resource Capital LLP. Registered in England and Wales under registration number OC368461, Registered office address - 161 Brompton Road, Second Floor, London, England, SW3 1QP.