SouthGobi Resources : December 2018 Monthly Return on Movements in Securities

Monthly Return of Equity Issuer on Movements in SecuritiesFor the month ended (dd/mm/yyyy) :

31/12/2018

To : Hong Kong Exchanges and Clearing LimitedName of Issuer Date SubmittedSouthGobi Resources Ltd. January 4, 2019

I. Movements in Authorised Share Capital

1. Ordinary Shares 1878.HK (S)

(1) Stock code :Balance at close of preceding month

Increase/(decrease)

Balance at close of the month

(2) Stock code :Balance at close of preceding month

Increase/(decrease)

Balance at close of the monthSGQ.TON/ADescription :

Par value	capital
(HK$)	(HK$)
No par
value	Unlimited
Description :	N/A
Par value	Authorised share
No. of ordinary	(State	capital
shares	currency)	(State currency)

Unlimited

No. of ordinary sharesCommon Shares

Authorised share

2. Preference Shares

Stock code :

N/ADescription :

N/ABalance at close of preceding month

Increase/(decrease)

Balance at close of the month

3. Other Classes of Shares

No. of preference shares

(State currency)

Par valueAuthorised share capital

(State currency)

Stock code :

N/ADescription :

N/ABalance at close of preceding month

Increase/(decrease)

Balance at close of the month

No. of other classes of shares

Total authorised share capital at the end of the month (HK$) :

(State currency)

Par valueAuthorised share capital

(State currency)

N/A

II. Movements in Issued Share Capital

No. of ordinary shares (1) (2)No. of preference No. of other classes

Balance at close of

preceding month	272,702,835	N/A	N/A	N/A
Increase/ (decrease)
during the month	0	N/A	N/A	N/A
Balance at close of the
month	272,702,835	N/A	N/A	N/A

shares

of sharesIII. Details of Movements in Issued Share Capital

Share Options (under Share Option Schemes of the Issuer)

Particulars of share

option scheme

including EGM

1. Equity Incentive Plan

approval date (dd/mm/yyyy) and class of shares issuable

(28/06/2018)

Common Shares

(Note 1)

2.

( / /

)

shares

(Note 1)

3.

( / /

)

shares

(Note 1)

Total funds raised during the month from exercise of options (State currency)

Granted

0

Movement during the month

Exercised

0

No. of new shares of	No. of new shares of
issuer issued during	issuer which may be
the month pursuant	issued pursuant thereto
thereto	as at close of the month
0	4,695,462
Total A. (Ordinary shares)	0
(Preference shares)	N/A
(Other class)	N/A

Cancelled

Lapsed

0

0

0

Warrants to Issue Shares of the Issuer which are to be ListedDescription of warrants

(Date of expiry - dd/mm/yyyy)Currency of Nominal value atnominal close of value preceding month

Exercised during the monthNominal value at close of the month

No. of new	No. of new
shares of	shares of
issuer issued	issuer which
during the	may be issued
month	pursuant
pursuant	thereto as at
close of the
month

thereto

1.

(

/ / ) Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

(

/

/

)

2.

(

/ / ) Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

(

/

/

)

3.

(

/ / ) Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

(

/

/

)

4.

(

/ / ) Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

(

/

/

)Total B.

(Ordinary shares) (Preference shares)

(Other class)

N/A N/A N/A

Convertibles (i.e. Convertible into Shares of the Issuer which are to be Listed)Class and description

1. CIC Convertible

Debenture

Stock code (if listed) SGQ.TO Class of shares

issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

2.

Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

3.

Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

4.

Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)

Currency of amount outstanding

US$ 1878.HK (S)

Ordinary Shares Cdn $8.88

N/A

(

/

/

(

/

/

(

/

/Amount at close of preceding month

Converted during the Amount at close ofmonththe month

issuer issued shares of issuer

No. of new shares ofduring the month pursuant thereto

$250,000,000

$0

$250,000,000

0

103,745,997

)

)

)

Total C. (Ordinary shares)	0
(Preference shares)	N/A
(Other class)	N/A