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NEW PARTNER JOINS CONSORTIUM FOR DEVELOPMENT OF THE RIAU-1 PROJECT

Singapore, 18 September 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that, on 15 September 2017, it entered into a Heads of Agreement (the “HOA”) with various parties to form a new consortium (the “Consortium”) in relation to an ongoing cooperation project for the development, construction, operation and maintenance of a 2 x 300 MW coal-fired power plant in Riau province, Sumatra, Indonesia (the “Riau-1 Project”).

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BLACKGOLD SIGNS ADDENDUM TO COAL SALES CONTRACT WITH PLN

Singapore, 7 September 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that the Group , through its subsidiary, PT Samantaka Batubara (“PT SB”), has signed an addendum (the “Amendment”) to the coal sales and purchase contract (the “Coal Sales Contract”) on 6 September 2017 with the Indonesian state-owned electricity company, PT Perusahaan Listrik Negara (“PLN”).

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JOHANES KOTJO INCREASES STAKE IN BLACKGOLD

Singapore, 21 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that Mr Johanes Budisutrisno Kotjo (“Mr Johanes Kotjo”), a consultant and shareholder of the Group, had on 17 August 2017 purchased 300,000 shares in the Company (the “Purchase”) from the open market.

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BLACKGOLD’S CHAIRMAN PURCHASES 180,000 SHARES OF COMPANY’S SHARES ON THE OPEN MARKET

Singapore, 17 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that Mr Intekhab Khan, the Independent Non-Executive Chairman of the Group, had on 15 August 2017 purchased a total of 180,000 ordinary shares of the Company through Kaalasona Limited, a shareholder of the Company (the “Purchase”). This Purchase further increases his shareholding to 37,176,294 shares, accounting for approximately 3.99% of the Group’s entire issued share capital.

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THREEFOLD INCREASE REPORTED IN COAL RESERVES AT BLACKGOLD’S PT SAMANTAKA BATUBARA CONCESSION

Singapore, 10 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that its Coal Reserves at its PT Samantaka Batubara Concession (“PT SB Concession”) as at 9 June 2017 have more than tripled from its last reported estimates, which were announced on 8 August 2016.

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