Omasa #6 | APRIL 2025

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Construction update

BANNERMAN ENERGY | APRIL 2025

Andre Alberts (Owner’s Team technical manager), Jeff Pipe (Owner’s Team project manager), Tommy Winnaar

(Wood construction manager) and Darryl Fraser (Wood HSE manager) successfully oversaw the construction and

completion of the primary crusher excavation area.

There is significant water storage on site to ensure

zero disruption to construction.

The concrete base for the 22kV/33kV transformer, which arrived in December 2024, has been cast.

The concrete base for the 22kV/33kV transformer, which arrived in December 2024, has been cast.

Work has also started on the primary crusher laydown platform, and the heap leach pad earthworks

Work has also started on the primary crusher laydown platform, and the heap leach pad earthworks

are underway.

are underway.

Werner Ewald, MD of Bannerman Mining Resources Namibia, is pleased at the solid progress:

Werner Ewald, MD of Bannerman Mining Resources Namibia, is pleased at the solid progress:

“The contractor companies are working extremely well and to date all the construction work has been

“The contractor companies are working extremely well and to date all the construction work has been

achieved either on time or ahead of schedule. More importantly, this has been achieved without any

achieved either on time or ahead of schedule. More importantly, this has been achieved without any

injury.”

injury.”

All the 33kV powerline

poles have been erected.

Extension of the access road on site continues

apace.

We’re shaping up continued...

Team profile

OWNER’S TEAM: A TRIO OF TALENT

The Owner’s Team for Bannerman’s Etango Uranium Project in Namibia is small but their collective experience of

over 80 years is substantial. We are pleased to have such an experienced operations team as we continue to move

towards developing the Etango Mine.

Association in recognition of his singular

service to the uranium industry.

Bannerman Energy, Executive Chairman,

Brandon Munro commented: “Although

Mike’s role within the Bannerman group is

changing, I am very pleased to continue

working with him through his ongoing

directorship of our Namibian subsidiary.

Our Board has benefited greatly from Mike’s

skills and experience over the last eight

years, particularly his extensive knowledge of

operating uranium mines within Namibia.

“Mike will provide ongoing leadership as

we progress through the construction phase

of the Etango mine. On behalf of the entire

Bannerman Board, I extend a heartfelt thank

you to Mike for his outstanding contribution

over the journey to date.”

ike Leech, who has served as a Non-

Executive Director of Bannerman Energy

since April 2017, is focusing his attention on

Bannerman Mining Resources Namibia (BMRN)

and stepped down from the Bannerman Energy

Board in March 2025. The experience and

knowledge he has brought to the company has

been invaluable and we are pleased that he will

continue in his role as a Director of BMRN.

Mike is a respected statesman of the Namibian

mining industry. He is a former Managing

Director of Rössing Uranium Ltd, past president

of the Namibian Chamber of Mines and past

Chairman of the Namibian Uranium Association.

Mike was MD of Rössing, then the largest open

pit uranium mine in the world, for six years

until he retired in 2011. He was named an

honorary life member of the Namibian Uranium

MIKE LEECH

TO FOCUS ON BMRN

A civil engineer with over 40 years’ experience in

project and construction management in Africa,

working in coal, gold, platinum and diamond

mining (both surface and underground works).

Extensive southern African experience (30+

years) in commercial, contract and supply chain

areas of major mining projects.

A chemical engineer with 13+ years’ experience

in the mining industry, with an operational

background in hydrometallurgy. He leads a team

of engineers as part of Creo’s appointment for

owner engineering services.

Andre Alberts – Technical Manager and Director of CREO

Cindy Fraser – Project Commercial Manager

Jeff Pipe – Project Manager

Mike Leech – Non-Executive Director BMRN

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