13 May 2024

Pathfinder Minerals plc

("Pathfinder" or the "Company")

Further update in relation to £1.275 million subscription

Pathfinder Minerals PLC (AIM:PFP), an AIM Rule 15 cash shell, announces that further to the Company's notification on 4 April 2024, on 10 May 2024 the Company received £30,000.00 from the Subscriber.

The Company remains in regular dialogue with the Subscriber to settle the outstanding balance of their participation in the Subscription, being £30,000.00. There can be no guarantee that the outstanding balance of £30,000.00 will be settled by the Subscriber.

Unless otherwise defined herein, the capitalised defined terms used in this announcement have the same meaning as those used in the Company's announcement on 4 April 2024.

Enquiries:

Pathfinder Minerals Plc

Paul Barrett, Executive Director

Tel. +44 (0)20 3143 6748

Allenby Capital Limited (Nominated Adviser and Broker)

John Depasquale / Vivek Bhardwaj / Lauren Wright (Corporate Finance)

Stefano Aquilino / Joscelin Pinnington (Sales & Corporate Broking)

Tel. +44 (0)20 3328 5656

OAK Securities (Joint Broker)

Jerry Keen, Head of Corporate Broking (jerry.keen@oak-securities.com)

Henry Clarke, Head of Sales (henry.clarke@oak-securities.com)

Tel. +44 (0)20 3973 3678

OAK Securities is a trading name of Merlin Partners LLP. Merlin Partners LLP is authorised and regulated by the Financial Conduct Authority (Reference Number: 449191). Merlin Partners LLP is registered in England and Wales (Registered Partnership Number: OC317265).