AFRICAN GOLD LTD. — AGM Information 2021

Jan 31, 2021

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ASX: A1G

1 February 2021

African Gold General Meeting – COVID-19 Precautions and Updated Meeting Procedures

African Gold Ltd (ASX: A1G) ( African Gold or the Company ) advises that due to the current restrictions in place in Western Australia with respect to COVID-19, the Company is not able to allow Shareholders to physically attend the General Meeting to be held on Friday 5 February at 11.00 am (AWST) ( Meeting ).

The Meeting will proceed as announced in the Notice of Meeting (ASX: 7 January 2021) and will be made accessible to Shareholders via a webinar / conference call facility which will allow Shareholders to ask questions in relation to the business of the meeting, further details of which are set out below. Shareholders are strongly encouraged to either vote prior to the Meeting or to appoint the Chair of the Meeting as their proxy.

All resolutions at the Meeting will be voted on by poll (rather than a show of hands) and Shareholders who are entitled to vote may vote either prior to the Meeting by appointing a proxy or by poll during the Meeting.

Further details of the voting methods open to Shareholders are set out in details below.

Voting by Proxy

Shareholders are strongly urged to appoint the Chair of the Meeting as their proxy. Shareholders can complete the proxy form to provide specific instructions on how a Shareholder’s vote is to be exercised on each item of business, and the Chair of the Meeting must follow their instructions. Lodgement instructions (which include the ability to lodge proxies electronically) are set out in the proxy form despatched to all shareholders.

Proxy votes must be received by 11.00 am (AWST) on Wednesday 3 February, 2021.

Voting by Poll

Shareholders who do not wish to vote using a proxy form and who intend to vote on a poll at - the Meeting must contact the Company at meetings@african gold.com to notify the Company of their intentions and to request a personalized poll form. Notifications must include the Shareholder’s name, address and HIN or SRN.

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• Shareholders will be able to submit their poll votes via email to the meetings@african gold.com address immediately after the Chair calls for a vote on each resolution and up to a period of one hour after the Meeting ends. This means that the outcome of each resolution will not be able to be determined until after the conclusion of the Meeting to allow the Company Secretary sufficient time to count such poll votes submitted by email.

You may still attend the Meeting via the webinar if you have completed a proxy form, however, the person you have appointed as proxy will cast your vote on your behalf.

Questions

Shareholders may submit questions by email in advance of the Meeting to the Company - Secretary at meetings@african gold.com. Shareholders will also have the opportunity to ask questions during the meeting in respect to formal items of business.

Webinar

Shareholders must register their attendance with the Company prior to the Meeting to receive the access details and a password to attend the Meeting via https://us02web.zoom.us/meeting/register/tZIpdO6hqj0oG9EkvxcrFQQr1JYHu31_aYUO.

Enquiries

Shareholders are encouraged to contact the Company Secretary by email at - meetings@african gold.com if they have any queries in respect of the special arrangements applying to this Meeting.

This announcement was authorised for release by the Board of African Gold Ltd.

For further information, please contact:

Oonagh Malone Company Secretary Ph: +61 8 6143 6749

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