FOR IMMEDIATE RELEASE

Wednesday, January 16, 2020

Ebène, Mauritius, Johannesburg, South Africa, Harare, Zimbabwe, Vienna, Austria, Toronto, Canada, Tokyo, Japan, Houston, USA, Warsaw, Poland – January 16, 2020 – The Board of African Compass International Limited (“ACI” or the “Company”) today announced it has taken steps to restore its network and resume normal operations as quickly as possible in response to a recent network security breach that prevented access to certain Information Technology Systems (ITS) and data within the Company’s network.

ACI took immediate action to contain the breach and has implemented its business continuity plan. The Company is working closely with external cybersecurity experts to restore its affected ITS.

The impact from the security breach has primarily impacted the Company’s corporate functions.

ACI remains committed to utilizing all available means to protect its operations and the integrity of its information, while restoring normalcy for its valued employees, customers and other stakeholders. The Company will continue to invest in information technology security to detect and minimize the risk of unauthorized activity, and ensure that it can continue providing products and services to its valued global customers and partners.

Precautionary note: http://www.africancompassinternational.com/security

For and on behalf of the Company’s Board of Directors

Julian RUPARE, Jr.

CEO & Chair

About ACI
African Compass International (“ACI”), through its subsidiaries, is a global diversified private natural resources company in frontier, emerging/established emerging and developed markets lead by a multipod entrepreneurial DNA team. The Group farms, explores, produces, refines, sources, trades, inter alia, agriculture products, base metals, ferrous & non-ferrous metals, minor metals, PGMs, steel, aluminium, precious metals, oil & gas and commercial energy. Our diversified operations in Africa, Americas and Eurasia are supported by offices in South Africa, Austria, Canada, Japan, Poland, USA, Zimbabwe, the Sun, the Moon, and the Sky. ACI always seeks partnerships with all its stakeholders that will add value to projects at hand based on the core values of honesty, integrity and vision.

For further information please Contact Us.

Supporting Resources: please visit www.africancompassinternational.com; follow @Afrikancompass on Twitter, or join ACI on LinkedIn.

GLOSSARY OF TERMS:

The following are the main terms and abbreviations used in this webnews:

ACI                 African Compass International Limited and/or its subsidiaries, as appropriate

Board             Board of Directors

CDO                Chief Data Officer

CEO                Chief Executive Officer

CG                   Chief Geologist

CLO                Chief Legal Officer

Company       African Compass International or African Compass International Limited

COO               Chief Operating Officer

ITS                  Information Technology Systems

Jr                    Junior

– ends –

African Compass International

Ebène | Harare | Houston | Johannesburg | Tokyo | Toronto | Vienna | Warsaw

Directors J Rupare Jr (CEO) C N Rupare (COO) U Mazunga (CLO) V M S Correia (CG) Mag. N Frank (CDO)