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Tsodilo Resources Welcomed by WBCG for its Support for Namibia's Rail Infrastructure Expansion

Toronto, Ontario--(Newsfile Corp. - July 11, 2025) - Tsodilo Resources Limited (TSXV: TSD) (OTCQB: TSDRF) (FSE: TZO) is pleased to announce that:

The Walvis Bay Corridor Group (WBCG) proudly welcomes the recent strong show of support from Tsodilo Resources for Namibia's ongoing railway infrastructure upgrades and expansion plans. The developments, particularly the rehabilitation of the Walvis Bay-Tsumeb railway line and the planned extension from Grootfontein to Katima Mulilo under the Trans-Zambezi Railway initiative, are critical to strengthening Namibia's position as the preferred trade route for southern Africa.

Tsodilo Resources Ltd, a Botswana-based mineral exploration company, has expressed interest in using the Walvis Bay Corridors to export its high-grade iron ore. The company has plans to construct a rail link in Botswana that will connect via Divundu, further emphasizing the strategic importance of the Grootfontein- Katima Mulilo expansion.

"The upgrade of the Walvis Bay-Tsumeb railway line is incredibly positive and it will enable us to handle shipments of over 20 million tonnes per year of high-grade iron (+67%) product to Walvis Bay. We have been engaging Namibia's Ministry of Works and Transport, TransNamib and WBCG in evaluating various transport routes for our products, including Walvis Bay and the future port facility in the vicinity of Cape Fria in the Kunene region," stated James Bruchs, Chief Executive Officer of Tsodilo Resources, in a recent press release.

Furthermore, he added that connecting through either Divundu or Katima Mulilo provides Namibia and southern Africa, with a world-class logistics hub linkage to international markets.

Mbahupu H. Tjivikua, WBCG's Chief Executive Officer, noted that Tsodilo Resources' commitment aligns with Namibia's national development agenda of becoming the Logistics Hub for southern Africa. "We continue to champion regional integration through advocating for improved infrastructure. The collaboration with Tsodilo Resources is a positive step toward unlocking the full potential of the Walvis Bay Corridors. This project supports our broader vision of facilitating the smooth flow of trade through strategic partnerships.

In support of Tsodilo Resources project, WBCG is facilitating a stakeholder workshop that will include Tsodilo Resources, TransNamib, Namport and the Ministries of Works and Transport of both Namibia and Botswana. The workshop will address supply chain coordination and infrastructure solutions to support the propose rail developments.

Issue by: Maria Paulus Manager: Marketing & Communications | Walvis Bay Corridor Group
T. +264 61 251669 | C. +264 81 20 89987 | E. [email protected] |
W.

About Tsodilo Resources Limited

Tsodilo Resources Limited is an international resource exploration company engaged in the search for economic metal deposits at its Gcwihaba Resources (Pty) Limited ("Gcwihaba") projects in Botswana. The Company has a 100% stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana.

This press release may contain forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements pertaining to the use of proceeds, the impact of strategic partnerships and statements that describe the Company's future plans, objectives or goals) are forward- looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward- looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, changes in general economic conditions, market volatility, political developments in Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, exploration and development risks, the uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, uncertainties relating to availability and cost of funds, timing and content of work programs, results of exploration activities, interpretation of drilling results and other geological data, risks relating to variations in the diamond grade and kimberlite lithologies; variations in rates of recovery and breakage; estimates of grade and quality of diamonds, variations in diamond valuations and future diamond prices; the state of world diamond markets, reliability of mineral property titles, changes to regulations affecting the Company's activities, delays in obtaining or failure to obtain required project approvals, operational and infrastructure risk and other risks involved in the diamond exploration and development business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward- looking statements are reasonable, forward-looking statements are not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to their inherent uncertainty.

Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements.

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