RE:https://www.tantalex.ca/board-of-directorsStrategic Investment by Afrimet AfriMet Resources Ag (AMR), a subsidiary of Vanomet AG, a Swiss-based trader specialising in the 3Ts (tin, tantalum and tungsten) with a goal of developing and expanding their market for the 3Ts and lithium in Africa acquired 50,000,000 Units pursuant to the Offering. Prior to the Offering, AMR did not beneficially own or control any securities of the Corporation. As a result of the Private Placement, AMR beneficially owns and controls 50,000,000 Common Shares of the Corporation and 50,000,000 Warrants. Board of Directors Further to this strategic investment by AMR, the Corporation also announces the appointment of Hadley Natus as Director and Chairman of the Board of Directors. Mr. Natus founded AMR in 2019. He started his career in commodities at Trafigura Ag in 2008 and moved to MRI Trading Ag (Ex Marc Rich) in 2014. Prior to his career in the commodities space he worked at NetJets Europe GmbH. AMR has grown rapidly and is now a fully operational trading company focusing mainly on concentrates and specialty metals. It is presently one of the largest tin and tantalum concentrate traders in Africa. Furthermore, concurrent with Mr. Natuss appointment, the Board of Directors has accepted the resignation of Trumbull Fisher who has served the Corporation as director since April 1, 2020, effective November 19, 2020. The Board wishes to thank Mr. Fisher for his service to the Corporation and its shareholders and wish him well in his future endeavours.