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National lockdown to be extended in the Republic of South Africa - Company update
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"
National lockdown to be extended in the Republic of South Africa (“South Africa”)
TORONTO, ONTARIO – Marketwired – April 14, 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 previous COVID-19-related announcements, the Company hereby informs all stakeholders
that South Africa’s President, Mr Cyril Ramaphosa, has extended the initial national 21-day lockdown (“the
National Lockdown”), which became effective at midnight, Thursday, 26 March 2020, by a further 14 days to
Thursday, 30 April 2020.
Although Buffalo Coal recommenced with limited mining activities today, as detailed in the Company’s
announcement titled “Permission granted to recommence mining activities at 30% of operating capacity”, the
extension to the National Lockdown will have a considerable negative impact on the Company’s mining operations.
The Company is actively engaging with its employees, financiers, major suppliers and other stakeholders in this
regard. The Company will continue to proactively measure and manage any potential impacts of the National
Lockdown, together with any possible future extensions thereof. Further updates will be communicated to the
Company’s various stakeholders as new information becomes available and when the Company is in a position to
quantify the extent and duration of the operational disruptions during this time.
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
14 April 2020
Designated Advisor:
Questco Corporate Advisory Proprietary Limited
Date: 14-04-2020 05:32:00
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