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

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

E mail: [email protected]

Transaction in own shares

12^th July 2024

Griffin Mining Ltd ("the Company") announces that on 7^th June 2024 Panmure Gordon (UK) Limited ("Panmure Gordon") purchased on behalf of the Company 57,230 of the Company's own ordinary shares ("Ordinary Shares") at a price of 152 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 655,571 Ordinary Shares will be held in treasury.

Consequently, shareholders should use 183,874,906 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 Liberum Limited - Nominated Adviser & Joint Broker                       Telephone: +44 (0)20 7886 2500

             Kieron Hodgson

             James Sinclair-Ford

             Dougie McLeod

Berenberg - Joint Broker                                                                                     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