SGQ.V · 2017-07-04 12:00:00

SouthGobi Resources announces voting results of Annual Meeting of Shareholders

Shareholder Meetings

July 4, 2017

SouthGobi Resources announces voting results of

Annual Meeting of Shareholders

HONG KONG – SouthGobi Resources Ltd. (TSX: SGQ ; HK: 1878) (“SouthGobi” or the

“Company”) announces the voting results of the Annual Meeting of Shareholders of the

Company (the “AGM”) held in Vancouver, Canada on June 30, 2017.

The majority of shareholders voted in favour of all resolutions at the AGM as set out in the

Company’s Management Proxy Circular, dated May 19, 2017, namely:

 Fixing the number of directors to be elected at the AGM at eight.

 Re-election of Messrs. Aminbuhe, Yulan Guo, Yingbin Ian He, Zhu Liu, Mao Sun, Wen

Yao, Huiyi Wang and Ms. Jin Lan Quan as directors of the Company (the “ Directors”)

for the ensuing year.

 Appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of

the Company for the ensuing year.

Mr. Aminbuhe was appointed as Chairman of the Board (the “Chairman”) and Mr. Yingbin Ian

He was appointed as Chairman of the Nominating and Corporate Governance Committee.

Messrs. Ningqiao Li and Joseph Belan did not stand for re-election at the AGM. Following the

conclusion of the AGM, Mr. Ningqiao Li ceased to be an executive director and the Executive

Chairman. Mr. Belan ceased to be an independent non-executive director, Chairman of the

Nominating and Corporate Governance Committee, and a member of each o f the

Compensation and Benefits Committee and the Audit Committee.

The Board takes this opportunity to express its sincere gratitude to Messrs. Li and Belan for

their valuable contributions to the Company.

The Hong Kong Stock Exchange has granted SouthGobi a waiver from Rule 13.39(4) of the

Rules Governing the Listing of Securities on the Hong Kong Stock Exchange (the “ Listing

Rules”) which requires that any vote of shareholders at a general meeting must be taken by

poll. Therefore, this announceme nt does not contain the specific information set out in Rule

13.39(5) of the Listing Rules.

UPDATE TO THE STRATEGIC ADVISORY BOARD

In light of the reconstitution of the Board and appointment of new Directors, the Company’s

Strategic Advisory Board (the “SAB”) has been dissolved, and Mr. Abraham Jonker’s

appointment to the SAB has been concluded. The Company thanks Mr. Jonker for his service

on the SAB.

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

Kino Fu

Office: +852 2156 7030

Website: www.southgobi.com