Bounty Mining Limited (Bounty or company) confirms that on 17 October 2019 a minor roof fall in the 203B panel at the Company's Cook Colliery partially buried the Company's CM13 continuous miner. There were no injuries associated with this incident. Panel 203B is currently the only panel being mined at the Cook Colliery. The Department of Mines' Inspectorate has been kept informed and is reviewing the planned process for resumption of operations. Efforts to recover CM13 continuous miner are continuing with additional extraction equipment that arrived on site on October 19, 2019. Mining is expected to recommence later this week with the Company's second continuous miner, CM02, in another area of 203B panel, following a full review of the mining process. October production for the Company will be negatively impacted by this event. The full extent of the impact is still unclear and is being assessed by the Company. Scheduled commencement of Place Change mining in November with the CM12 continuous miner, which is currently on surface undergoing conversion, has not been affected by this event. Bounty will provide a further update to the market once the company more details on the status of the extraction of the CM13 continuous miner and recommencement of production using the CM02 continuous miner.