Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong

Limited (the "Hong Kong Stock Exchange") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SOUTHGOBI RESOURCES LTD.

南戈壁資源有限公司*

(A company continued under the laws of British Columbia, Canada with limited liability)

(Hong Kong Stock Code: 1878)

(Toronto Stock Code: SGQ)

Trading Halt

At the request of SouthGobi Resources Ltd. (the "Company"), trading in the shares of the Company on the Hong Kong Stock Exchange will be halted with effect from 9:00 a.m. on Thursday, January 11, 2018 pending the release of an inside information relating to a commercial arbitration involving First Concept Logistics Limited and a subsidiary of the Company.

By order of the Board SouthGobi Resources Ltd.

Mao Sun

Interim Independent Lead Director

Hong Kong, January 11, 2018

As at the date of this announcement, the Executive Director of the Company is Mr.

Yulan Guo; the Independent Non-executive Directors are Messrs. Yingbin Ian He, Zhu Liu and Mao Sun and Ms. Jin Lan Quan; and the Non-executive Directors are Messrs. Wen Yao and Aminbuhe.

*For identification purposes only

SouthGobi Resources Ltd. published this content on 11 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 January 2018 01:09:06 UTC.

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