BUFFALO COAL CORPORATION - Permission granted to recommence mining activities at 30% of operating capacity

Permission granted to recommence mining activities at 30% of operating capacity

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"

               Permission granted to recommence mining activities at 30% of operating capacity

TORONTO, ONTARIO – Marketwired – April 9, 2020: Buffalo Coal Corp.

Buffalo Coal is a South African based company, with its head office based in Centurion, Gauteng, and its mining
operations based in Dundee, KwaZulu Natal.

Further to Buffalo Coal’s announcement titled “21-day national lockdown to be implemented in the Republic of
South Africa (“South Africa”)”, published on Tuesday, March 24, 2020, the Company hereby informs all
stakeholders that Buffalo Coal has been granted permission by the Department of Mineral Resources and Energy
to recommence mining activities at 30% of operating capacity.

Buffalo Coal intends to recommence mining activities on a limited scale on Tuesday, April 14, 2020, following the
Easter long-weekend. The Company and its operations will continue to effectively manage and proactively respond
to COVID-19 within the framework of the Company's policies, and local and national health authority requirements
and recommendations in order to minimise the risk of infection to our employees.

Further updates regarding changes to the COVID-19 restrictions currently promulgated in South Africa will be
communicated to the Company’s various stakeholders as new information becomes available. Buffalo Coal
continues to assess the impact of COVID-19 and is proactively engaging its financiers, major suppliers and other
stakeholders in this regard.

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, 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.

The Company has its primary listing on the TSX Venture Exchange (“TSXV”) and has a secondary listing on the
Alternative Exchange (“AltX”), operated by the JSE. Buffalo Coal trades under the symbol “BUF” on the TSXV and
“BUC” on the AltX.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ms Emma Oosthuizen
Chief Executive Officer
Email: Emma.Oosthuizen@buffalocoal.co.za

Registered office:

First Floor, Building 1, Manhattan Office Park
16 Pieter Street
Highveld, Centurion

9 April 2020

Designated Advisor:
Questco Corporate Advisory Proprietary Limited

Date: 09-04-2020 05:44:00
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