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Namib Minerals Sets Out Development Timelines and Milestones for Redwing Mine; Technical Programme of the Definitive Feasibility Study Fully Funded Through to Completion

Namib Minerals Sets Out Development Timelines and Milestones for Redwing Mine; Technical Programme of the Definitive Feasibility Study Fully Funded Through to Completion

A defined five-step restart pathway on a targeted schedule: dewatering expected to be completed in Q4 2026, the fully funded DFS technical programme expected to conclude in early Q1 2027, and resource definition drilling to follow under the Company's sequenced financing plan, advancing Redwing Mine toward the restart decision. 20 July 2026 New York, July 20, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”) (Nasdaq: NAMM), an established African gold producer with a portfolio of mining assets in Zimbabwe, today set out the defined pathway and targeted milestone schedule for the restart of Redwing Mine, and announced that the technical programme of its Definitive Feasibility Study (“DFS”) is fully funded through to completion.

Jul 20, 2026 12:15 PM globenewswire.com
Namib Minerals Announces Board and Executive Leadership Appointments to Support Next Phase of Growth

Namib Minerals Announces Board and Executive Leadership Appointments to Support Next Phase of Growth

New York, July 07, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (Nasdaq: NAMM) ("Namib Minerals" or the "Company") today announced a series of Board and executive leadership appointments to strengthen Board oversight, reinforce financial leadership and support the Company's next phase of growth, including the planned restart of the Redwing Mine and execution of its development financing strategy.

Jul 07, 2026 01:25 PM globenewswire.com
Namib Minerals Announces Board and Executive Leadership Appointments to Support Next Phase of Growth

Namib Minerals Announces Board and Executive Leadership Appointments to Support Next Phase of Growth

New York, July 07, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (Nasdaq: NAMM) ("Namib Minerals" or the "Company") today announced a series of Board and executive leadership appointments to strengthen Board oversight, reinforce financial leadership and support the Company's next phase of growth, including the planned restart of the Redwing Mine and execution of its development financing strategy. Tulani Sikwila has been appointed Chairman of the Board in addition to serving as Chief Executive Officer; Wendy Luhabe has joined the Board as an Independent Non-Executive Director and Lead Independent Director; and Sphe Mchunu has been appointed Chief Financial Officer.

Jul 07, 2026 01:25 PM globenewswire.com
Redwing Dewatering Program On Schedule

Redwing Dewatering Program On Schedule

Dewatering Progressing as Expected Over 544,000m³ Pumped Since January Commencement NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib” or “the Company”), (Nasdaq: NAMM), the African mining platform capitalizing on strategic resource opportunities, today provided an operational update on the restart process at its Redwing Mine in Zimbabwe where dewatering activities are progressing consistent with the operational framework outlined in its April 2026 business update. “We are pleased that the restart process at Redwing is advancing on schedule,” said Tulani Sikwila, Chief Executive Officer of Namib Minerals.

May 19, 2026 03:26 PM globenewswire.com
Namib Minerals Names New CEO

Namib Minerals Names New CEO

NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib” or the “Company”) (Nasdaq: NAMM) today announced a leadership transition as part of its strategic growth plan. The Company's Board of Directors has appointed Tulani Sikwila as Chief Executive Officer, effective 18 March 2026, succeeding Ibrahima Sory Tall who is leaving Namib to pursue other opportunities. Mr. Sikwila previously served as Namib's Chief Financial Officer. The Company has initiated a search for an Interim CFO to ensure continuity in financial leadership during this transition.

Mar 18, 2026 12:58 PM globenewswire.com
Namib Minerals Regains Compliance with Nasdaq Listing Rules

Namib Minerals Regains Compliance with Nasdaq Listing Rules

NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”) (Nasdaq: NAMM) today announced that on February 18, 2026 the Company received a letter from the Nasdaq Stock Market LLC (”Nasdaq”) stating that the Company has regained compliance with the minimum market value of publicly held shares (“MVPHS”) requirement under Nasdaq Listing Rule 5450(b)(2)(C) (the “Rule”).  Accordingly, the Company is now in compliance with all applicable listing standards, and its ordinary shares will continue to be listed on the Nasdaq Global Market.

Feb 19, 2026 11:00 AM globenewswire.com
Namib Minerals Commences Dewatering at Redwing Mine in Support of Restart Project

Namib Minerals Commences Dewatering at Redwing Mine in Support of Restart Project

NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”), (Nasdaq: NAMM), today provided an update on progress at its Redwing Mine in Zimbabwe, confirming that dewatering activities commenced on January 29, 2026, in line with the work plan outlined in the Company's November 2025 business update. The dewatering phase will enable access to the mine for feasibility studies, including underground condition assessments and detailed engineering evaluations, which will inform the next stages of the restart project at Redwing.

Feb 12, 2026 01:41 PM globenewswire.com
Namib Minerals Receives Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Requirement

Namib Minerals Receives Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Requirement

NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”), (Nasdaq: NAMM), today announced that on January 30, 2026, the Company received a letter (the “Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) notifying the Company that during the period from December 5, 2025 to January 20, 2026 the Company's ordinary shares, par value $0.0001 (the “Ordinary Shares”), did not meet the minimum market value of publicly held shares of $15,000,000 (the “MVPHS”) requirement for continued listing on the Nasdaq Global Market (“Nasdaq”) pursuant to Nasdaq Listing Rule 5450(b)(2)(C) (the “Rule”).

Feb 05, 2026 12:06 PM globenewswire.com

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