Re-designation of director and List of Directors and their Role and Function

VANCOUVER, British Columbia, June 05, 2018 (GLOBE NEWSWIRE) -- SouthGobi Resources Ltd. (TSX:SGQ) (HK:1878) (“SouthGobi” or the “Company”) referred to the announcement of SouthGobi Resources Ltd. (the “Company”) dated June 1, 2018 with respect to the management change of the Company. Mr. Yulan Guo, a former executive director and chief financial officer of the Company, left the management team of the Company with effect from June 1, 2018, and he was re-designated as the non-executive director of the Company on June 1, 2018.

The members of the board of directors of SouthGobi Resources Ltd. (the “Board”), with effect from June 1, 2018, are set out below:

NON-EXECUTIVE DIRECTORS
Mr. Wen Yao
Mr. Zhiwei Chen
Mr. Xiaoxiao Li
Mr. Yulan Guo
Mr. Aminbuhe

INDEPENDENT NON-EXECUTIVE DIRECTORS
Mr. Mao Sun (Interim Independent Lead Director)
Mr. Yingbin Ian He
Mr. Zhu Liu
Ms. Jin Lan Quan

The membership of the Board committees on which each Board member serves with effect from June 1, 2018, is set out below:

AUDIT COMMITTEE
Mr. Mao Sun (Chairman)
Mr. Yingbin Ian He
Mr. Zhu Liu
Ms. Jin Lan Quan

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE
Mr. Yingbin Ian He (Chairman)
Mr. Mao Sun
Mr. Zhu Liu
Ms. Jin Lan Quan

COMPENSATION AND BENEFITS COMMITTEE
Mr. Zhu Liu (Chairman)
Mr. Yingbin Ian He
Mr. Mao Sun
Ms. Jin Lan Quan

HEALTH, ENVIRONMENT, SAFETY AND SOCIAL RESPONSIBILITY COMMITTEE
Mr. Mao Sun (Chairman)
Mr. Yulan Guo
Mr. Zhu Liu

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
Email: kino.fu@southgobi.com

Website: www.southgobi.com