SouthGobi Resources Ltd. wishes to inform the shareholders of the Company and potential investors that, based on the Company's preliminary assessment of the unaudited management accounts of the Company for the quarter ended 31 March 2021 and the information currently available to the Company, it is expected that the Company would record a net profit at a range between USD 10 million and USD 14 million for the quarter [...]
SouthGobi Resources Ltd. announces that the board of directors will approve the financial results of the Company and its subsidiaries for the first quarter of 2021 on Friday, May 14, 2021. These results will be released on Friday, May 14, 2021. About SouthGobi SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also holds the mining licences [...]
SouthGobi Resources Ltd. : SGQ, Hong Kong Stock Exchange : 1878) today announces its financial and operating results for the quarter and the year ended December 31, 2020. All figures are in U.S. dollars unless otherwise stated. The Board of Directors wish to inform that the Company's independent auditors, BDO Limited , have completed their audit of the consolidated financial statements of the Company for the year ended [...]
SouthGobi Resources Ltd. announces that the board of directors will approve the financial results of the Company and its subsidiaries for the fourth quarter and the full year of 2020 on Tuesday, March 30, 2021. These results will be released on Tuesday, March 30, 2021. About SouthGobi SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia [...]
SouthGobi Resources Ltd. is pleased to announce that on March 2, 2021, the Company's wholly-owned Mongolian operating subsidiary, SouthGobi Sands LLC, received a notice from the Mongolian governmental authority that the Company's three mining licenses of the Soumber Deposit have been reinstated effective as of March 2, 2021. The Soumber Mining Licenses cover approximately 22,000 hectares of undeveloped coal deposit area [...]
SouthGobi Resources Ltd. wishes to inform the Company's shareholders and potential investors that, based on the Company's preliminary assessment of the unaudited management accounts of the Company for the year ended 31 December 2020 and the information currently available to the Company, it is expected that the Company would record a net loss between USD 19 million and USD 24 million for the year ended 31 December 2020 [...]
SouthGobi Resources Ltd. is pleased to announce that the TSX Continued Listing Committee has completed the Delisting Review of the Company and determined that the Company satisfies TSX's applicable requirements for continued listing. About SouthGobi SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. SouthGobi produces and sells coal to [...]
SouthGobi Resources Ltd. announces that effective from February 10, 2021, Mr. Weiguo Zhang has tendered his resignation as the Company's Chief Financial Officer ; Mr. Aiming Guo has tendered his resignation as the Company's Chief Operating Officer and a member of the Health, Environment, Safety and Social Responsibility Committee ; Mr. Alan Ho has been appointed as the Company's acting CFO; Mr. Munkhbat Chuluun has been [...]
SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated September 13, 2020, November 16, 2020, December 8, 2020, December 17, 2020, January 8, 2021 and February 8, 2021. Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements. The Company is pleased to announce that the Company has fulfilled [...]
SouthGobi Resources Ltd. is pleased to announce that, on February 5, 2021, the British Columbia Securities Commission, the Company's principal securities regulator in Canada, and the Ontario Securities Commission have granted a full revocation of the cease trade order issued against the Company on June 19, 2020 . The Cease Trade Order was originally issued as a result of the Company's failure to file prior to the [...]
SouthGobi Resources Ltd. is pleased to announce the voting results of the annual and special meeting of shareholders of the Company held in Vancouver, Canada on January 21, 2021. At the Meeting, the majority of the Company's shareholders voted in favour of the following matters as set out in the Company's management proxy circular dated December 9, 2020, a copy of which is available under the Company's profile on SEDAR at [...]
SouthGobi Resources Ltd. announces implementation progress of its resumption plan and business update. Reference is made to the announcements of the Company dated November 16, 2020 and December 8, 2020. Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Announcements. RESUMPTION GUIDANCE As stated in the Announcements of the Company, the Hong Kong Stock [...]