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BLACKGOLD NATURAL RESOURCES LIMITED SECURES A MAJOR COAL SALES CONTRACT WITH INDONESIA’S PT PERUSAHAAN LISTRIK NEGARA

Singapore, 1 December 2016 – BlackGold Natural Resources Limited (“BlackGold” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce that through its subsidiary, PT Samantaka Batubara (“PT SB”), the Group has signed a coal sales and purchase contract (“Coal Sales Contract”) on 1 December 2016 with the Indonesian state-owned electricity company, PT Perusahaan Listrik Negara (“PT PLN Persero”), for the 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.

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BlackGold Natural Resources Limited Commences Production and Signs Coal Sales Contract

Singapore, 22 April 2016BlackGold Natural Resources Limited (“BlackGold” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce that, our subsidiary, PT Samantaka Batubara (“PT SB”), has commenced production of coal as scheduled in March 2016 and, on 21 April 2016, entered into a coal sales contract with a Riau state-owned enterprise for the delivery of an initial 26,000 tonnes of coal (the “Coal Sales Contract”).

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Appointment of a New Consultant

Singapore, 30 March 2016 - BlackGold Natural Resources Limited (“BlackGold” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce the appointment of Mr Johanes Budisutrisno Kotjo (“Mr Kotjo”) as a consultant to the Group, effective 30 March 2016.

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Press Releases

BlackGold Group, an Indonesian based coal mining company, and Burns & McDonnell, a full service engineering consultancy company specializing in coal fired power plant technology, announced their intention to build a coal fired mine mouth power plant at the coal mining concessions that BlackGold owns in Indragiri Hulu, Riau. A feasibility study will be conducted by Burns & McDonnell.

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