VANCOUVER - SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ('SouthGobi' or the 'Company') announces that the board of directors will consider and approve the financial results of the Company and its subsidiaries for the fourth quarter and the year ended December 31, 2023 on Thursday, March 28, 2024.

These results will be released on Thursday, March 28, 2024.

About SouthGobi

SouthGobi, listed on the Hong Kong Stock Exchange and the TSX Venture Exchange, 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:

Mr. Ruibin Xu

Chief Executive Officer

Tel: +1 604 762 6783 (Canada)

Email: info@southgobi.com

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