Hong Kong Listing Update

Hong Kong Listing Update

China Nonferrous Gold Limited

6 January 2015

China Nonferrous Gold Limited 中国有色黄金有限公司

(“CNG” or the “Company”)

Hong Kong Listing Update

China Nonferrous Gold Limited 中国有色黄金有限公司 (AIM: CNG), the mineral exploration and development company currently developing the Pakrut gold project in the Republic of Tajikistan, announces that the Securities and Futures Commission of Hong Kong (the “SFC”) has objected to the proposed listing of the Company’s securities on the Stock Exchange of Hong Kong Limited on the basis of certain listing eligibility considerations, and therefore the Hong Kong listing cannot proceed without the SFC’s permission.

The SFC has informed the Company that it has a right of appeal to the Securities and Futures Appeals Tribunal on or before 27 January 2015, and the Company is currently considering its options.

For further information please visit the Company’s website (www.cnfgold.com) or contact:

China Nonferrous Gold Limited

David Tang, Managing Director

Tel: [phone]

Investec Bank Plc

Jeremy Ellis, George Price

Tel: [phone]

Hume Capital

Jon Belliss, Guy Peters

Tel: [phone]

Project Summary

The Pakrut gold project, of which CNG has 100 per cent ownership, is situated in Tajikistan approximately 120km northeast of the capital city Dushanbe. Pakrut is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which hosts a number of multi-million ounce gold deposits.

CNG is currently in a construction phase with mining contractors on site constructing the mine, plant and tailings dam.

About Tajikistan

Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. CNG's management team has extensive experience in the mining industry in Tajikistan.