Southgobi Announces Arrangement of Electronic Dissemination of Corporate Communications

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April 29, 2024

SOUTHGOBI ANNOUNCES ARRANGEMENT OF

ELECTRONIC DISSEMINATION OF CORPORATE

COMMUNICATIONS

VANCOUVER – SouthGobi Resources Ltd. (TSX-V: SGQ, HK: 1878) (“SouthGobi” or the

“Company”) announces that pursuant to Rule 2.07A of the of the Rules Governing the Listing

of Securities on the Hong Kong Stock Exchange (“Listing Rules ”), the Company will

disseminate future corporate communications of the Company (the “ Corporate

Communications”) to its shareholders (“ Shareholders”) electronic ally and only send

Corporate Communications in printed form to the Shareholders upon request.

In this connection, the following arrangements will come into effect from the date hereof.

NEW ARRANGEMENT OF DISSEMINATION OF CORPORATE COMMUNICATIONS

1. Electronic Dissemination of Corporate Communications

Both the English and Chinese versions of all future Corporate Communications will be

available electronically on the Company’s website (www.southgobi.com) and the Hong

Kong Stock Exchange’s website (www.hkexnews.hk) in place of printed copies.

2. Actionable Corporate Communications

The Company will send the actionable Corporate Communications of the Company

(“Actionable Corporate Communications ”) to Shareholders individually in electronic

form by email. If the Company does not possess the email address of a Shareholder or

the email add ress provided is not functional , the Company will send the Actionable

Corporate Communications in printed form together with a request form for soliciting the

Shareholder’s functional email address to facilitate electronic dissemination of Actionable

Corporate Communications in the future.

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PROVISION OF SHAREHOLDER’S EMAIL ADDRESS TO THE COMPANY

In support of electronic communication by email, the Company will send a letter to the

Shareholders on April 30, 2024 together with a reply form for provision of email address and/or

request for printed copy of Corporate Communications and Actionable Corporate

Communications (“Reply Form”) to request for the email address of the Shareholders and the

preference of the Shareholders in receiving the Corporate Communications and Actionable

Corporate Communications in printed form.

The Company recommends its Shareholders to provide the Company with their email address

or any revis ion thereof at any time in the future by reasonable notice in writing to the

Company’s branch share registrar in Hong Kong, Computershare Hong Kong Investor

Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong

Kong or by email to [email protected].

While the Company will use reasonable efforts to send future Actionable Corporate

Communications to its Shareholders using the email address provided by the Shareholders, it

is the responsibility of the Shareholders to provide email address that is functional.

If the Company does not possess the email address of a Shareholder or the email address

provided is not functional, the Company will act according to the above arrangements. The

Company will be considered to have been duly discharged of and released from its obligations,

and to have complied with the Listing Rules, if it sends Actionable Corporate Communications

to the email address provided by a Shareholder without receiving any “non-delivery message”.

REQUEST FOR PRINTED COPY OF CORPORATE COMMUNICATIONS AND

ACTIONABLE CORPORATE COMMUNICATIONS

For those Shareholders who wish to receive a printed version of all future Corporate

Communications and Actionable Corporate Communications or, if for any reason, have

difficulty in gaining access to the Company’s website, the Company will, upon receipt of

reasonable request in writing by the Shareholder to the Company’s branch share registrar in

Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell

Centre, 183 Queen’s Ro ad East, Wan Chai, Hong Kong or by email to

[email protected], send future Corporate Communications and

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Actionable Corporate Communications (as the case may be) to such Shareholder in printed

form free of charge.

Please note that the pr eference in receiving Corporate Communications in printed form of a

Shareholder shall be valid for one year starting from the receipt date of your instruction unless

being revoked or superseded (whichever is earlier). Further request in writing will be required

if a Shareholder prefers to continue receiving printed copy of future Corporate

Communications and Actionable Corporate Communications.

About SouthGobi

SouthGobi, listed on the Hong Kong Stock Exchange and the TSX Venture Exchange, owns

and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also holds the mining licences

of its other metallurgical and thermal coal deposits in South Gobi region of Mongolia.

SouthGobi produces and sells coal to customers in China.

Contact:

Investor Relations

Email: [email protected]

Mr. Ruibin Xu

Chief Executive Officer

Office: +1 604 762 6783 (Canada)

+852 2156 1438 (Hong Kong)

Website: www.southgobi.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.