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Buffalo Coal Corp - Commencement Of Trading On The Tsx Venture Exchange

Release Date: 15/12/2015 08:45:00      Code(s): BUC     
Buffalo Coal Corp.
(previously Forbes & Manhattan Coal Corp.)
(Registration number: 001891261)
(External company registration number: 2011/011661/10)
Share code on the Toronto Stock Exchange: BUF
Share code on the JSE Limited: BUC
ISIN: CA1194421014
(?Buffalo? or ?the Company?)


          COMMENCEMENT OF TRADING ON THE TSX VENTURE EXCHANGE

Buffalo announced today that, further to its press releases dated May 21, 2015, September 10, 2015,
November 11, 2015 and December 3, 2015, the common shares (?Common Shares?) of the Company
will commence trading on the TSX Venture Exchange (the ?TSXV?) effective as of the open of trading on
December 18, 2015 under its existing stock symbol, ?BUF?. To ensure no interruption in trading, the
Common Shares will be delisted from the Toronto Stock Exchange effective as of the close of trading on
December 17, 2015.

The Common Shares continue to be listed and posted for trading on the Johannesburg Stock Exchange
(?JSE?), however, as previously announced, the Company has made an application to the JSE to transfer
its listing from the Main Board of the JSE to the Alternative Exchange (?AltX?) in order to maintain its JSE
listing as a secondary listing to the TSXV. This process remains subject to the approval of the JSE.

About Buffalo

Buffalo is a coal producer in southern Africa. It holds a majority interest in two operating mines through
its 100% interest in Buffalo Coal Dundee, a South African company which has a 70% interest in Zinoju.
Zinoju holds a 100% interest in the Magdalena bituminous mine and the Aviemore anthracite mine in
South Africa. Buffalo has an experienced coal-focused management team.

Cautionary Notes:

This press release contains ?forward-looking information? within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to (i) the exact timing of
the delisting of the Common Shares from the Toronto Stock Exchange and the listing of the Common
Shares on the TSXV, and (ii) completion and timing of the listing of the Common Shares on the AltX.
Generally, forward-looking information can be identified by the use of forward-looking terminology such
as ?plans?, ?expects? or ?does not expect?, ?is expected?, ?budget?, ?scheduled?, ?estimates?,
?forecasts?, ?intends?, ?anticipates? or ?does not anticipate?, or ?believes?, or variations of such words
and phrases or state that certain actions, events or results ?may?, ?could?, ?would?, ?might? or ?will be
taken?, ?occur? or ?be achieved?. Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of Buffalo to be materially different from those expressed or implied by such forward-
looking information, including but not limited to: general business, economic, competitive, foreign
operations, political and social uncertainties; a history of operating losses; delay or failure to receive
board or regulatory approvals; timing and availability of external financing on acceptable terms; not
realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future prices of mineral products; failure
of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of
the mining industry; and, delays in obtaining governmental approvals or required financing or in the
completion of activities. Although Buffalo has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking information. Buffalo does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.

Neither the Toronto Venture Exchange, nor its regulation services provider (as that term is defined in the
policies of the exchange), accepts responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Malcolm Campbell                                              Sarah Williams
Chief Executive Officer                                       Chief Financial Officer
+27 82 924 4444                                               +27 83 781 1405
Email: malcolm.campbell@buffalocoal.co.za                     Email : sarah.williams@buffalocoal.co.za

15 December 2015

Sponsor:
Questco Proprietary Limited

Date: 15/12/2015 08:45:00 Supplied by www.sharenet.co.za                     
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