Corporate Update - July 26, 2016

TORONTO, ONTARIO – July 26, 2016: Buffalo Coal Corp. (TSXV: BUF; JSE: BUC) (“Buffalo”
or “the Company")
announces the notice of resignation of Mr. Malcolm Campbell as Chief

Executive Officer and Ms. Sarah Williams as Chief Financial Officer and Corporate Secretary.

Mr. Craig Wiggill, Chairman, commented “We regret that two members of senior
management have decided to leave the company, but will ensure that the necessary plans
are put in place to effect a smooth transition.”

Mr. Campbell and Ms. Williams will continue in their current roles for a period of three
months to facilitate the implementation of an orderly succession plan, and further details in
this regard will be announced in due course.

The Board would like to thank Mr. Campbell and Ms. Williams for their contributions to the
Company and wishes them well in their future endeavours.

About Buffalo

Buffalo 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 has an experienced coal‐focused management team.

Cautionary Notes:

This press release contains “forward‐looking information” within the meaning of applicable Canadian
securities legislation. Forward‐looking information includes, but is not limited to,
statements with respect to the future financial or operating performance of Buffalo and its

projects. Generally, forward‐looking information can be identified by the use of forwardlooking
terminology such as “plans”, “expects” or “does not expect”, “is expected”,

“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not
anticipate”, or “believes”, or variations of such words and phrases or state that certain
actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward‐looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of activity,

performance or achievements of Buffalo to be materially different from those expressed or
implied by such forward‐looking information, including but not limited to: general business,
economic, competitive, foreign operations, political and social uncertainties; a history of

operating losses; delay or failure to receive board or regulatory approvals; timing and
availability of external financing on acceptable terms; not realizing on the potential benefits
of the proposed transaction; conclusions of economic evaluations; changes in project
parameters as plans continue to be refined; future prices of mineral products; failure of
plant, equipment or processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; and, delays in obtaining governmental approvals or
required financing or in the completion of activities. Although Buffalo has attempted to
identify important factors that could cause actual results to differ materially from those
contained in forward‐looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such

information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward‐looking information. Buffalo does not undertake to update any
forward‐looking information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange, nor its regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange), accepts responsibility for the adequacy or accuracy of this release


Craig Wiggill
Email : This email address is being protected from spambots. You need JavaScript enabled to view it.