Undur Tolgoi Minerals Inc. (“UTM” or the “Company”) (cnsx:UTM) has announced that effective on January 7, 2014, the Company has changed its name to “Khot Infrastructure Holdings, Ltd.” to have its name better reflect the Company”s new focus on cash generating, non-resource infrastructure projects within Mongolia.

Don Padgett, President and CEO remarked; “Our corporate name change and new trading symbol are further steps in the Company”s rapid transition and total commitment to the Mongolian infrastructure sector.”

Trading under the new name will commence on the Canadian Securities Exchange at the opening of trading on Wednesday, January 15, 2014under the new trading symbol “KOT”. The Company was required to obtain a new CUSIP number for its common shares in conjunction with the name change. The new CUSIP number for the Company”s common shares is G52720 102.