BUFFALO COAL CORPORATION - Buffalo Coal confirms positive COVID-19 case at its Aviemore operation

Buffalo Coal confirms positive COVID-19 case at its Aviemore operation

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"

Buffalo Coal confirms positive COVID-19 case at its Aviemore operation


Buffalo Coal is a South African based company with mining operations in Dundee, KwaZulu-Natal.

Buffalo Coal confirms that one employee working in an underground section at its Aviemore operation has tested
positive for COVID-19. The employee was identified through contact tracing protocols external to the Company.
The Company voluntarily suspended its afternoon production shift and initiated contact tracing protocols. All
primary contacts identified were requested to self-isolate, in line with national health protocols.

Every effort is made at our operations to mitigate the impact of COVID-19 through strict COVID-19 risk
management plans and protocols. All areas where the individual may have worked were subjected to a deep
cleaning and sanitisation process. Production activities resumed following successful completion of the COVID-19
risk management protocols.

The Department of Health, Department of Mineral Resources and Energy, regional health authorities, National
Institute of Communicable Diseases and labour unions have been informed.

Regrettably, South Africa is experiencing a steep increase in the number of COVID-19 related infections and is now
reported as having one of the highest daily infection rates per capita in the world. Whilst the wellbeing of Buffalo
Coal’s employees and their families remain the Company’s biggest concern, management will continue to closely
monitor the expected negative effects of COVID-19 on its operations in a responsible manner and actively continue
engagements with its employees, financiers, major suppliers and other stakeholders in this regard. Going forward,
the Company will determine the need for further updates based on the materiality or significance of COVID-19
related impacts and will not report infections on an individual case basis.


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:

Greytown Road
Industrial Area
Dundee
KwaZulu-Natal
3000

17 July 2020

Designated Advisor:
Questco Corporate Advisory Proprietary Limited

Date: 17-07-2020 03:45:00
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