Namibia Critical Metals Announces CDN $450,000 Private Placement

Namibia Critical Metals Inc. has announced a non-brokered private placement to raise up to $450,000. Units will be priced at $0.035 each, comprising one common share and a half warrant. A whole warrant can be exchanged for one common share at $0.05 within 12 months. Up to 19,285,714 shares may be issued. Bannerman Energy Ltd. will participate, reflecting their 42.1% ownership. This transaction may qualify as a Related Party Transaction under MI 61-101, but an exemption will apply.

The private placement awaits approval from the TSX Venture Exchange. Funds will be directed towards general corporate purposes, with shares and warrants subject to a four-month hold.