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BLACKGOLD NATURAL RESOURCES TO RAISE FURTHER S$8.2 MILLION THROUGH SHARE PLACEMENT

Singapore, 23 June 2017 – BlackGold Natural Resources Limited (“BlackGold” or the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that the Group has entered into a share placement agreement (the “Placement”) pursuant to which the Group intends to issue up to 66,703,000 new ordinary shares in the capital of the Company (the “Placement Shares”) at S$0.123 per share to raise gross proceeds of up to S$8.2 million.

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BLACKGOLD AND CHINA HUADIAN TAKE NEXT STEP TOWARDS THE JOINT DEVELOPMENT OF A 2 X 300 MW POWER PLANT IN RIAU

Singapore, 12 June 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”), is pleased to announce that it has, through its subsidiary, PT Samantaka Batubara (“PT SB”), entered into a conditional term sheet (the “Term Sheet”) with China Huadian Engineering Co., Ltd. (“China Huadian”) for the joint development, construction, operation and maintenance of a 2 x 300 MW coal-fired power plant in Riau province, Indonesia (the “Project” or “Riau-1 Project”).

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PT PLN PERSERO TO COMMENCE PROCESS OF SIGNING 6 POWER PURCHASE AGREEMENTS FOR MINE-MOUTH POWER PLANTS

Singapore, 9 June 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) refers to the Company’s announcements on 28 December 2015 in relation to its participation in a bid to provide electric power to PT PLN (Persero) (“PLN”) through a joint cooperation with China Huadian Engineering Co., Ltd., for the development, construction, operation and maintenance of a 2x300 MW coal-fired power plant in Riau province, Indonesia (the “Riau-1 Project”).

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BLACKGOLD NATURAL RESOURCES LIMITED DELIVERS FIRST 22,000 TONNES OF COAL TO PT PLN PERSERO

Singapore,19 April 2017 – BlackGold Natural Resources Limited (“BlackGold” or the “Company”, and together with its subsidiaries, the “Group”) refers to the Company’s media releases dated 1 December 2016 and 10 February 2017, in relation to the Coal Sales and Purchase Contract signed between the Group’s subsidiary, PT Samantaka Batubara (“PT SB”) and PT Perusahaan Listrik Negara (“PT PLN Persero”), the Indonesian state-owned electricity company, for an annual delivery of 500,000 tonnes of coal to the PT Tenayan project, a new 2 x 110 MW power plant in Riau province, Indonesia. The Group is pleased to announce that, on 19 April 2017, PT SB has delivered its fourth shipment of coal by barge to the Tenayan port.

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BLACKGOLD INKS MOU WITH PT PLN BATUBARA FOR FURTHERANCE OF COOPERATION BETWEEN PARTIES

Singapore, 29 March 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) wishes to announce that on 24 March 2017 the Company’s subsidiary, PT Samantaka Batubara (“PT SB”) entered into a non-binding memorandum of understanding (the “MOU”) with PT PLN Batubara (“PLNBB”).

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