Mr. Ruibin Xu reports

SOUTHGOBI ANNOUNCES THE DATE OF BOARD MEETING

SouthGobi Resources Ltd.'s board of directors will consider and approve the financial results of the company and its subsidiaries for the fourth quarter and the year ended Dec. 31, 2023, on Thursday, March 28, 2024. These results will be released on Thursday, March 28, 2024.

About SouthGobi Resources Ltd.

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 the South Gobi region of Mongolia. SouthGobi produces and sells coal to customers in China.