TANTALEX and COMINIERE SA Signs MOU for the Development of World-Class Manono-Kitotolo Lithium Project as Well as 7 Other Highly Prospective Regions - Seite 2

The NE pegmatite body, generally referred to as "Manono", is some 5 km in strike length (12 km² surface area), and the SW body, referred to as "Kitotolo", is known as being slightly longer (and is some 13.5 km² in surface area). The width of the pegmatite bodies are recorded as "from 50 m to 700 m". Some blocks of dolerite and xenoliths of mica schist are contained within the pegmatite body. Six open pit mines operated at MK from 1915 to 1988, producing an estimate of 140,000 tonnes of cassiterite (Sn) and 4,500 tons of columbite-tantalite (Nb-Ta) (BRGM, 1980). Production between 1985 and 1995 was reported as 1.6 Mmt Sn02 and 47,500 mt columbite-tantalite (International Business Publications, 2011).

In October of 2016, Tantalex reported the presence of Lithium, Tantalum, Niobium and Tin on their Buckell property based on historical data obtained from COMINÈRE SA as well as property assays.

Tantalex's management strongly believes that because previous exploration and production from the MK deposit was focused on extracting tin, the deposit as well as the other claim blocks, including the Buckell property, have remained untapped in regards to their lithium resources. The Company intends to begin an aggressive exploration campaign on the site of MK.

Dave GAGNON, Chief Executive Officer explains, "This is a transformational moment for Tantalex. We have worked diligently over the last several months to secure the MOU and advance the partnership and formally conclude in the near future a number of acquisitions, enabling Tantalex to confirm itself as a Lithium company in what is known as one of the most prolific lithium-rich regions in the world. Our solid relationship with COMINIÈRE and the current partnership gives us unparalleled access to important land packages, infrastructure and support from local government agencies."

About COMINIÈRE SA

COMINIÈRE SA is a private company in which 90% of the share capital is state-owned by the Democratic Republic of Congo ("DRC"), and 10% is owned by L'Institut National de Sécurité Sociale du Congo, DRC's largest Social Security and Pension fund. La COMINIÈRE SA's portfolio of mining properties is comprised of over 30 mining claims totaling 12,456 km2, making it one of the largest landowners in the DRC.