SGQ.V · 2021-01-04 12:00:00

Southgobi Announces Change of Company Secretary and Authorized Representatives

Management Changes

January 4, 2021

SOUTHGOBI ANNOUNCES CHANGE OF COMPANY

SECRETARY AND AUTHORIZED REPRESENTATIVES

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

“Company”) hereby announces that Sir Kwok Siu Man KR (“ Sir Seaman Kwok”) has

tendered his resignation s as (i) the joint company secretary of the Company in Hong Kong

(the “Hong Kong Company Secretary”); (ii) the authorized representative of the Company

for accepting service of process and notices on behalf of the Company in Hong Kong under

Part 16 of the Companies Ordinance, Chapter 622 of the laws of Hong Kong; and has ceased

to act as (iii) an authorized representative of the Company under Rule 3.05 of the Rules

Governing the Listing of Securities on the Hong Kong Stock Exchange ( collectively, the

“Authorized Representatives”) with retrospective effect from January 1, 2021.

Sir Seaman Kwok has confirmed that he has no disagreement with the board of directors of

the Company (the “Board”) and there is no matter relating to his resignations that needs to be

brought to the attention of the shareholders of the Company and the Hong Kong Stock

Exchange.

The Company further announces that Ms. So Shuk Wan (“ Ms. So”) has been appointed as

the Hong Kong Company Secretary and the Authorized Representatives with retrospective

effect from January 1, 2021. Ms. So joined the Company in February 2011 and has been the

assistant company secretary of the Company since 2018. Ms. So is an associate member of

The Hong Kong Institute of Chartered Secretaries and a member of the Canadian Institute of

Corporate Directors. Ms. So holds a Master of Corporate Governance degree from The Hong

Kong Polytechnic University and a Bachelor of Bus iness Administration degree in F inance

from Baruch College, The City University of New York.

The Company would like to take this opportunity to express its gratitude to Sir Seaman Kwok

for his valuable contribution to the Company during his tenure of service and welcome Ms. So

on her new appointments.

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)

Website: www.southgobi.com