Southgobi Announces Passing of TSX Delisting Review

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February 15, 2021

SOUTHGOBI ANNOUNCES PASSING OF TSX DELISTING

REVIEW

VANCOUVER – SouthGobi Resources Ltd. (Toronto Stock Exchange (“ TSX”): SGQ, Hong

Kong Stock Exchange (“ HKEX”): 1878) (“SouthGobi” or the “Company”) is pleased to

announce that the TSX Continued Listing Committee has completed the Delisting Review of

the Company and determined that the Company satisfies TSX’s applicable requirements for

continued listing.

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