24 January 2020

VI Mining PLC

(the "Company", NEX: VIM)

Director/PDMR Shareholdings

On 24 January 2020, VI Mining PLC was notified of the following changes in director shareholdings, all of which took place on 24 January 2020:

·    Sumner Group Mining Limited (formerly Lamb Mining Limited), a wholly owned subsidiary of Sumner Group Holdings Limited ("SGH"), acquired 239,085 ordinary shares of nil par value in the Company ("Ordinary Shares") in exchange for digital securities issued by the SGH group with a value of US$303,453 and a further 1,031,650 Ordinary Shares in exchange for unsecured convertible loan notes issued by SGH with a value of US$6,654,143; and

·    David Sumner acquired 477,795 Ordinary Shares from certain shareholders for cash consideration of £332,782 and a further 505,262 Ordinary Shares in exchange for the transfer of 2,085,469 existing ordinary shares in SGH valued at US$2,085,469.

Following these transactions, Sumner Group Mining Limited holds 82,343,224 Ordinary Shares and David Sumner holds 984,057 Ordinary Shares, representing 64.5% and 0.8% respectively of the issued share capital of the Company.

The holdings of directors of the Company in the capital of SGH are as follows:

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The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation