African Energy Metals Inc. (NDENF)

[MusashiG]

On June 5, 2017, the Company entered into an agreement with Lockwood Financial Ltd. and Katanga Trust Mining Sarl to acquire certain interests in seven (7) mineral concessions in the Democratic Republic of the Congo, Africa as follows: 100% of ZEA 292-COMIMA 65% of PR13370 100% of ZEA 292-COMIPAD 65% of PR13371 100% of Nkwali-ZRG 00121 65% of PR13372 100% of Karajipopo1 In exchange, the Company issued 16,000,000 common shares to various third parties, assumed $200,000 of debt and paid $896,678. Total consideration was $2,152,823.