SOUTHGOBI TO ANNOUNCE FOURTH QUARTER AND Full Year Results of 2020 on March 30, 2021

March 18, 2021

SOUTHGOBI TO ANNOUNCE FOURTH QUARTER AND FULL YEAR RESULTS OF 2020 ON MARCH 30, 2021

VANCOUVER – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that the board of directors will approve the financial results of the Company and its subsidiaries for the fourth quarter and the full year of 2020 on Tuesday, March 30, 2021. These results will be released on Tuesday, March 30, 2021.

About SouthGobi

SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. SouthGobi produces and sells coal to customers in China.

Contact:

Investor Relations

Office: +852 2156 1438 (Hong Kong)

+1 604 762 6783 (Canada)

Email: [email protected]

Website: www.southgobi.com