Turquoise Hill Resources Ltd.

1

Canada & British Columbia Vancouver

200 Granville Street, Suite 354

+1 604 688-5755

www.turquoisehill.com

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Company Press Releases

Pentwater Calls For Turquoise Hill to Provide an Update to the Potential Funding Shortfall For Construction of the Oyu Tolgoi Underground Development

NAPLES, Fla., July 06, 2020 (GLOBE NEWSWIRE) -- Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") (TSX:TRQ) (NYSE:TRQ), twice in the past two weeks has written to Turquoise Hill highlighting the Company’s inadequate and misleading disclosure of important financial information.  Turquoise Hill’s announcement last Thursday served as another opportunity for the Company to be transparent with its shareholders and tell the truth about its impr...

Turquoise Hill announces completion of 2020 Oyu Tolgoi Feasibility Study, updated Mineral Reserves and Mineral Resources, and an improved liquidity outlook

MONTREAL, July 2, 2020 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced its updated Mineral Resources and Mineral Reserves, prepared in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and CIM definition standards for Mineral Resources and Mineral Reserves (2014), an improved liquidity outlook and deferral of the Company's interim financing discussions....

Pentwater Calls For Turquoise Hill to Be Transparent About The Magnitude of the Potential Funding Shortfall For Construction of the Oyu Tolgoi Underground Development

NAPLES, Fla., June 29, 2020 (GLOBE NEWSWIRE) -- Last Wednesday, Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") (TSX:TRQ) (NYSE:TRQ), wrote to Turquoise Hill highlighting the Company’s inadequate and misleading disclosure of important financial information.  Specifically, Pentwater explained how the Company’s disclosure of a $4 billion capital shortfall was misleading because it failed to explain that over $900 million of the shortfall...

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