Couloir Capital Ltd. is Pleased to Announce the Initiation of Research Coverage on China Gold International Resources Corp. Ltd.

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Vancouver, British Columbia–(Newsfile Corp. – August 31, 2020) – Couloir Capital Ltd. is pleased to announce the initiation of research coverage on China Gold International Resources Corp. Ltd. (TSX: CGG) (HKG: 2099). The initial report is entitled, “Producer with Free Cash Flow Growth and Strong Forward Earnings Leverage.” Investors and other interested parties are encouraged to contact Couloir Capital to request a copy of the report.

About China Gold International Resources Corp. Ltd.

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People’s Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine covering an area of 36 square kilometers in the western part of Inner Mongolia, northern China; and 100% interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Metrokongka County, Tibet. The company was formerly known as Jinshan Gold Mines Inc. China Gold International Resources Corp. Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada. The company is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure: The analyst and affiliated companies do not hold shares in China Gold International Resources Corp. Ltd.