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BUFFALO COAL CORP - Withdrawal of TSXV listing review notice

Release Date: 18/07/2016 15:45
Code(s): BUC     PDF:  
Wrap Text
Withdrawal of TSXV listing review notice

 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”)
                                                      

                         WITHDRAWAL OF TSX VENTURE EXCHANGE
                                LISTING REVIEW NOTICE

Shareholders are referred to the announcement dated 14 January 2016 wherein Buffalo Coal advised that it
had been notified by the Compliance & Disclosure Department of the TSX Venture Exchange (“TSXV”)
that the Company was being placed on notice for transfer to the NEX Board of the TSXV (“NEX”) for
failure to meet the public float continued listing requirements of the TSXV. Shareholders are advised that
the Company has restored compliance with the TSXV continued listing requirements and that the TSXV
has withdrawn the notice of transfer to the NEX.

About Buffalo Coal

Buffalo Coal 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 Coal has an experienced coal?focused
management team.

Cautionary Statements

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 Coal 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 Coal 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 Coal 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 Coal does not undertake to update any forward?looking information, except in accordance with
applicable securities laws.

Neither the TSX 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.
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FOR FURTHER INFORMATION PLEASE CONTACT:

Sarah Williams                            Malcolm Campbell
Chief Financial Officer                   Chief Executive Officer
Email: sarah.williams@buffalocoal.co.za   Email: malcolm.campbell@buffalocoal.co.za


18 July 2016


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