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SGQ.V ·

Southgobi Announces Resignation of Vice President of Sales

Management Changes

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September 4, 2022

SOUTHGOBI ANNOUNCES RESIGNATION OF

VICE PRESIDENT OF SALES

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

“Company”) today announces that Mr. Tao Zhang (“Mr. Zhang”) has tendered his resignation

as the Vice President of Sales and a director of several of the Company’s subsidiaries with

effect from September 2, 2022 due to other personal commitments. Mr. Zhang confirmed that

he has no disagreement with the Board or the senior management of the Company, and there

is no matter relating to his resignation as the Vice President of Sales that needs to be brought

to the attention of the Shareholders.

The Board would like to express its most si ncere gratitude to Mr. Zhang for their invaluable

contributions during his tenure as the Vice President of Sales.

About SouthGobi

SouthGobi, listed on the Toronto and Hong Kong stock exchanges, 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

Office: +852 2156 1438 (Hong Kong)

+1 604 762 6783 (Canada)

Email: [email protected]

Website: www.southgobi.com