Namibia Critical Metals : NCMI Corporate Presentation April 2021

TSX-V: NMI

Namibia Critical Metals

A Dynamic Explorer from

Discoveries to Development

April 2021

Forward Looking Statements

TSX-V:NMI

This presentation contains forward-looking statements that relate to the Company's current expectations and views of future events. Donald M. Burton, P.Geo. and President of Namibia Critical Metals Inc., is the Company's Qualified Person and has reviewed and approved the content of this presentation.

In some cases, these forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "aim", "estimate", "intend", "plan", "seek", "believe", "potential", "continue", "is/are likely to" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The Company has based these forward-looking statements on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements include, among other things, statements relating to (i) the Company's strategy, growth, development and acquisition opportunities, return on existing assets, operational excellence and financial management; (ii) the Company's expectations regarding its revenue, expenses and operations; (iii) the Company's anticipated cash needs and its estimates regarding its capital and operating expenditures; (iv) capital requirements, needs for additional financing and the Company's ability to raise additional capital; (v) the Company's estimates of future cash flows, financial condition and operating performances of the Company and its subsidiaries; (vi) the estimation of any mineral resources and the realization of mineral reserves based on mineral resource, estimates and estimated future development, if any, and possible variations of ore grade or recovery rates; (vii) estimated results of planned exploration and development activities; (viii) the Company's competitive position and its expectations regarding competition from other companies globally; (ix) the Company's ability to maintain customer and supplier relationships; (x) anticipated trends and challenges in the Company's business and the markets in which it operates, including with respect to potential new rare earths projects, supply outlook and growth opportunities; (xi) limitations of insurance coverage; (xii) the future price of and future demand for rare earths elements and their derivative products; (xiii) economic and financial conditions; (xiv) interest rates and foreign exchange rates; (xv) performance of counterparties in fulfilling their obligations; (xvi) government regulation of mining operations, accidents, environmental risks, exploration risks, reclamation and rehabilitation expenses; (xvii) title disputes or claims; and (xviii) the timing and possible outcome of pending regulatory and permitting matters.

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate. These assumptions include continued political stability in Namibia, that permits required for the Company's operations will be obtained in a timely basis in order to permit the Company to proceed on schedule with its planned drilling programs, that skilled personnel and contractors will be available as the Company's operations continue to grow, that the price of rare earths will remain at levels that will render the Company's projects economic and that the Company will be able to continue raising the necessary capital to finance its operations. Forward-looking statements involve a variety of known and unknown risks, uncertainties and other factors, including those listed under the heading "Risk Factors" in the Company's Annual Financial Report dated November 30 2016 (filed on SEDAR www.sedar.com), which may cause the Company's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.

The forward-looking statements made in this presentation relate only to events or information as of the date on which the statements are made in the presentation. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, a future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

There can be no assurance that such forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, potential investors should not place undue reliance on forward-looking information.

Market Capitalization

Listings	TSX Venture Exchange ("NMI"), OTCQ ("NMREF"), Frankfurt ("7NR")
Head Office	Halifax, Nova Scotia
Operations Office	Windhoek, Namibia
Shares Issued	188,407,732
Options	13,685,000
Warrants	6,070,433
Fully Diluted	208,163,165
Insider Ownership	65%

TSX-V:NMI

Project Generation and Development Team with

Strong Track Record in Africa

Gerry McConnell, QC - Chair:

TSX-V:NMI

Founder of Namibia Rare Earths (now Namibia Critical Metals Inc.) with IPO financing of C$28m.

Former Chair, Founder and CEO of NovaGold Resources; former Chair and CEO of Etruscan Resources (16 years in West African gold); former Chair of Trilogy Metals where South32 has option on Alaskan copper projects (US$150M for 50%).

Darrin Campbell, B.Com, CPA-CMA - President:

Mr. Campbell is a Chartered Professional Accountant and Certified Management Accountant with 20 years of executive financial management experience and served as the CFO of the Company from March 2017 - 2021. He has provided contract accounting and financial services to numerous public and private companies and played key leadership roles in financings and transactions taking companies public onto the TSX-V. From 2013- 2014 he was the CFO of Ressources Appalaches and was the financial leader bringing into production Nova

Scotia's first operating gold mine in over 14 years. Mr. Campbell obtained a Bachelor of Commerce from Saint Mary's University in 1996 and is a member of the Chartered Professional Accountants of Nova Scotia.

Rainer Ellmies, PhD, MSc, GeolFA, AusIMM - Vice President Exploration:

Dr. Ellmies is based in Windhoek and provides all in-country management of Namibia Critical Metals' projects in his capacity as Vice President Exploration. He develops the company's geological concepts and exploration strategies and implements those with our dynamic exploration teams in Namibia. Dr. Ellmies has a broad background with over 30 years experience in academics, exploration, international development cooperation. He has been directly involved in a number of significant discoveries in Namibia including the deposits of Lofdal HREE, Opuwo Co-Cu, Ondoto LREE and Epembe Ta-Nb.

Project Generation and Development Team with Strong Track Record in Africa

TSX-V:NMI

Antonie van Wyk, MENG, MBA, BCOM - Metallurgical Advisor :

Mr. van Wyk is based in Swakopmund and has over 20 years experience in hydrometallurgy including as Commissioning Manager and Director of Processing at the 140 Mt/a Husab uranium mine (Swakop Uranium) and in Project Management at Rössing Uranium (Rio Tinto). Mr. van Wyk has acted as an independent consultant for various scoping, pre-feasibility and feasibility studies in Namibia.

Scott Swinden, PHD, PGEO - Independent Geological Consultant

Dr. Swinden is President and Principal Consultant of Swinden Geoscience Consultants Limited and Adjunct Professor, in the Department of Earth Sciences, Dalhousie University. Dr. Swinden provides consulting services in geoscience, exploration, resource administration, and government and community relations focused on the minerals sector. He has over 40 years experience in exploration, research and project and executive management in private and public sectors. Dr. Swinden has worked extensively on the Lofdal Project and the Epembe Project and other critical metal projects in Africa and North America.

Donald M. Burton, MSC, PGEO - Geological Consultant:

Mr. Burton is a Professional Geologist with over 25 years of experience in exploration. During 1994-2010 he was responsible for the development of the projects of Etruscan Resources Inc. (now Endeavour Mining Corp.) in Niger, Burkina Faso, Mali, Ghana, Cote d'Ivoire and Namibia. During this period, Samira Hill and Youga evolved into operating gold mines and a third project (Agbaou) entered into commercial production in 2014. As former President of Namibia Critical Metals he oversaw the development of the Lofdal Rare Earths Project from 2010 until his retirement in 2021. Mr. Burton holds a BSc (Honours) in Earth Sciences from the University of Waterloo (1978) and a MSc in Geology from the University of New Brunswick (1984). He is a Fellow of the Geological Association of Canada, the Society of Economic Geologists and the Association of Professional Geologists of Nova Scotia.