Transaction in Own Shares

Griffin Mining Limited

09 May 2024

8^th Floor, 54 Jermyn Street, London, SW1Y 6LX. United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

Transaction in own shares

9^th May 2024

Griffin Mining Ltd ("the Company") announces that on 8^th May 2024 Panmure Gordon (UK) Limited ("Panmure Gordon") purchased on behalf of the Company 50,000 of the Company's own ordinary shares ("Ordinary Shares") at a price of 154.0 pence per Ordinary Share. The Ordinary Shares have been purchased to be held in treasury for the time being.

The ordinary shares have been purchased under an irrevocable commitment with the Company's corporate broker, Panmure Gordon, to manage the Share Buyback Programme, announced on 26^th February 2024, on the Company's behalf.

Following completion of the purchase of these Ordinary Shares there are 184,530,477 Ordinary Shares in issue, of which 180,234 Ordinary Shares will be held in treasury.

Consequently, shareholders should use 184,350,243 Ordinary Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company.

Further information

Griffin Mining Limited

Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500

Dominic Morley

Dougie McLeod

Berenberg Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Lee

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com

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