Appointment of interim Chief Executive Officer 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" APPOINTMENT OF INTERIM CHIEF EXECUTIVE OFFICER TORONTO, ONTARIO – Marketwired – August 29, 2019: Buffalo Coal Corp. (TSXV: BUF; JSE: BUC) (“Buffalo Coal” or “the Company”) Shareholders are advised that Graham Du Preez will replace Emma Oosthuizen as the Interim Chief Financial Officer ("CFO") of the Company, effective from August 26, 2019. Emma Oosthuizen will continue to act as the Interim Chief Executive Officer of the Company. The board of directors of Buffalo Coal ("the Board") is finalizing the process of identifying and appointing a permanent successor for Emma Oosthuizen. Graham has previously acted as Buffalo Coal’s CFO. The Board is confident that Buffalo Coal, under the leadership of Emma, Graham and the existing management team, will continue to focus on executing the Company's strategy. About Buffalo Coal Buffalo is a coal producer in South 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 Coal has an experienced coal-focused management team. FOR FURTHER INFORMATION PLEASE CONTACT: Craig Wiggill Chairman Email: craig@wiggill.co.uk August 29, 2019 Designated Adviser: Questco Corporate Advisory Proprietary Limited Date: 29/08/2019 03:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.