NAVA LIMITED — Important, 17-11-2024: General Updates

The company is actively engaged in overseas mineral explorations through its subsidiaries, responding to shareholder inquiries about ongoing projects. Currently, the key initiatives include:

1. **Maamba Energy Limited** is pursuing multiple projects in Zambia:

- In the Namantombwa area, a detailed resource estimate for magnetite (iron ore) is underway on a 322.9 Ha site with a mining license.

- In the Kalomo district, exploration for lithium, amethyst, aquamarine, tantalum, and tin is planned over the next two years on a 3873.7 Ha exploration license.

- Another exploration initiative in Kalomo/Sinazongwe anticipates further drilling and exploration for similar minerals over the next three years on a 4358.8 Ha area.

2. **Nava Resources CI** is exploring manganese ore in Tienko, Cote d’Ivoire, with detailed drilling and exploration slated for the next three years over an area of 340.42 Sq kms.

The progress of these explorations is pivotal for future commercial endeavors, and the company will provide updates upon establishing mining feasibility. Shareholders should monitor these developments closely as they may impact the company's growth trajectory.