BUFFALO COAL CORP - Corporate UpdateRelease Date: 05/07/2016 08:05:00 Code(s): BUC
Buffalo Coal Corp.
(Registration number: 001891261)
(External company registration number: 2011/011661/10)
Share code on the TSX Venture Exchange: BUF
Share code on the JSE Limited: BUC ISIN: CA1194421014
(?Buffalo Coal? or ?the Company?)
Buffalo Coal announced today the resignation of Mr. John Wallington from its Board of Directors
(?the Board?) with effect from July 3, 2016.
Mr. Wallington has regretfully tendered his resignation from the Board due to a conflict of interest
with other business interests.
The Board would like to thank Mr. Wallington for his valued contribution to the Company and wishes
him success in his future endeavors.
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 (Pty) Ltd, a South African company which has a
70% interest in Zinoju Coal (Pty) Ltd (?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.
This press release contains ?forward-looking information? within the meaning of applicable
Canadian securities legislation. Forward-looking information includes, but is not limited to,
statements with respect to the future financial or operating performance of Buffalo and its projects.
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
Neither TSX Venture Exchange, nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange), accepts responsibility for the adequacy or accuracy of this
FOR FURTHER INFORMATION PLEASE CONTACT:
Craig Wiggill Malcolm Campbell
Chairman Chief Executive Officer
Email: firstname.lastname@example.org Email: email@example.com
4 July 2016
Questco (Pty) Ltd
Date: 05/07/2016 08:05:00 Supplied by www.sharenet.co.za
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