Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - Daily Share Buy-Back Notice

Issuer & Securities

Announcement Title: Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast: 10-Nov-2021 18:55:19
Status: New
Announcement Sub Title: Share Buy Back - Daily Share Buy-Back Notice
Announcement Reference: SG211110OTHR4EGD
Submitted By (Co./ Ind. Name): Dato' Sri Pek Kok Sam
Designation: Executive Director & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below): Share buy-back by way of market acquisition.

Southern Alliance Mining Ltd. (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited on 26 June 2020. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been reviewed by the Company's Sponsor. It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318,sponsorship@ppcf.com.sg.

Maximum number of shares authorised for purchase: 48,900,000
Purchase made by way of market acquisition: Yes; Highest/ Lowest price per share

#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained

Number of issued shares excluding treasury shares after purchase: 488,930,000
Number of treasury shares held after purchase: 70,000

	Singapore Exchange	Overseas Exchange
Date of Purchase	10/11/2021
Total Number of shares purchased	70,000
Number of shares cancelled	0
Number of shares held as treasury shares	70,000

Highest Price per share	SGD 0.73
Lowest Price per share	SGD 0.67
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 48,870.58

Cumulative No. of shares purchased to date^	Number	Percentage#
By way of Market Acquisition	70,000	0.014
By way off Market Acquisition on equal access scheme	0	0
Total	70,000	0.014