This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014

and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

29 September 2020

POLO RESOURCES LIMITED

("Polo" or the "Company")

AIM Delisting

Polo Resources Limited (AIM: POL), the multi-sector investment company with interests in oil, gold, coal, copper, phosphate, lithium, iron and vanadium, has been unable to appoint an AIM Nominated Adviser within the timeframe set by the AIM Rules. The Company's shares will therefore be delisted with effect from 30th September 2020 and will no longer trade on the AIM exchange.

The Company will consider the options available to it and shall keep shareholders updated via its website www.poloresources.com.

For further information, please contact:

Polo Resources Limited

+27 (0) 787 312 919

- Kudzayi Denenga, Investor Relations

About the Company

Polo Resources Limited is a multi-sector investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For complete details on Polo, please refer to: www.poloresources.com.

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Polo Resources Ltd. published this content on 29 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2020 16:49:02 UTC