Response to Queries from The Singapore Exchange Securities Trading Limited dated 12 January 2021

INTRODUCTION

The Board of Directors (the “Board”) of Fortress Minerals Limited (the “Company” and together with its subsidiaries, the “Group”) wishes to announce its responses to the queries raised by the Singapore Exchange Securities Trading Limited (the “SGX-ST”) in relation to the Company’s Announcement.

20200114-SGX-Queries-on-Proposed-Acquisition

BY ORDER OF THE BOARD OF
FORTRESS MINERALS LIMITED

Dato’ Sri Ivan Chee Yew Fei
Chief Executive Officer
14 January 2021

Fortress Minerals Limited (the “Company”) was listed on Catalist of the SGX-ST on 27 March 2019. The initialpublic offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”).

This announcement has been reviewed by the Company’s Sponsor. It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”) and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The Sponsor has also not drawn on any specific technical expertise in its review of this announcement.

The contact person for the Sponsor is Ms. Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, [email protected]