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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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BLACKGOLD NATURAL RESOURCES LIMITED COMPLETES ITS FIRST COAL DELIVERY TO CEMENT PADANG

Singapore, 27 March 2017 – BlackGold Natural Resources Limited (“BlackGold” or the “Company”, and together with its subsidiaries, the “Group”) refers to the Company’s announcement on 24 February 2017 in relation to the receipt of the purchase order (the “Purchase Order”) for the supply of coal to an Indonesian state-owned company, PT Semen Padang (“Cement Padang”). The Group is pleased to announce that its subsidiary, PT Samantaka Batubara (“PT SB”), has successfully completed its first coal delivery to Cement Padang in relation to the Purchase Order.

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BLACKGOLD NATURAL RESOURCES TO FURTHER RAISE S$3.23 MILLION THROUGH SECOND SHARE PLACEMENT

Singapore, 27 March 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 35,937,000 new ordinary shares in the capital of the Company (the
“Placement Shares”) at S$0.09 per share to raise gross proceeds of up to S$3.23 million.

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BLACKGOLD NATURAL RESOURCES TO RAISE S$3.56 MILLION VIA SHARE PLACEMENT

Singapore, 10 March 2017 – BlackGold Natural Resources Limited (“BlackGold” or the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that the Group has signed a share placement agreement with Mr Johanes Budisutrisno Kotjo (“Mr Kotjo”) pursuant to which the Group intends to issue 39,511,654 new ordinary shares in the capital of the Company (the “Placement Shares”) at S$0.0901 per share to raise gross proceeds of up to S$3.56 million.

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