SouthGobi Energy Resources Receives Conditional TSX Listing Approval

SouthGobi Energy Resources Ltd. (TSX VENTURE:SGQ)(PINK SHEETS:SGQRF) is pleased
to announce today that it has received conditional approval from the Toronto
Stock Exchange ("TSX") for the listing of its common shares on the TSX. 


The listing is subject to the Company fulfilling certain requirements of the TSX
in accordance with the terms of the conditional approval. The Company is
proceeding to comply with these requirements and, subject to receipt of final
approval, anticipates that its common shares will commence trading on the TSX on
or about December 3, 2009. The shares will continue to trade under its existing
trading symbol "SGQ".


The Toronto Stock Exchange, serving the senior equity market, is the largest
stock exchange in Canada, the third largest in North America and the eighth
largest in the world by market capitalization. 


About SouthGobi Energy Resources

SouthGobi Energy Resources is focused on exploration and development of its
Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi
Region. The company's flagship coal mine, Ovoot Tolgoi, is producing and selling
coal to customers in China. The company plans to supply a wide range of coal
products to markets in Asia.


Forward-Looking Statements: This document includes forward-looking statements.
Forward-looking statements include, but are not limited to, Plans to supply a
wide range of coal products to markets in Asia; and other statements that are
not historical facts. When used in this document, the words such as "could",
"plan", "estimate", "expect", "intend", "may", "potential", "should" and similar
expressions are forward-looking statements. Although SouthGobi Energy Resources
believes that the expectations reflected in these forward-looking statements are
reasonable, such statements involve risks and uncertainties and no assurance can
be given that actual results will be consistent with these forward-looking
statements. Important factors that could cause actual results to differ from
these forward-looking statements are disclosed under the heading "Risk Factors"
in SouthGobi Energy's Management's Discussion and Analysis of Financial
Condition and Results of Operations for the year ended Dec. 31, 2008, and for
nine months ended September 30, 2009, all of which are available at
www.sedar.com.