SouthGobi Resources Ltd. announces the following updates: Update of CIC payment obligations On February 19, 2020, the Company and China Investment Corporation entered into an agreement pursuant to which CIC agreed to grant the Company a deferral of: deferred cash interest and deferral fees of $1.3 million and $2.0 million which were due and payable to CIC on January 19, 2020 and February 19, 2020, respectively, under the [...]
SouthGobi Resources Ltd. announces that PricewaterhouseCoopers LLP has resigned as the auditor of the Company with effect from November 13, 2019, due to the new requirement of the recognition of overseas auditors under the Hong Kong’s Financial Reporting Council Ordinance . The board of directors of the Company , with the recommendation from the audit committee of the Board , has appointed BDO Limited as the new [...]
SouthGobi Resources Ltd. : SGQ, Hong Kong Stock Exchange : 1878) today announces its financial and operating results for the three and nine months ended September 30, 2019. All figures are in U.S. dollars unless otherwise stated. Significant Events and Highlights The Company’s significant events and highlights for the three months ended September 30, 2019 and the subsequent period up to November 13, 2019 are as [...]
SouthGobi Resources Ltd. announces that its board of directors will approve the financial results of the Company and its subsidiaries for the third quarter of 2019 on Wednesday, November 13, 2019. These results will be released on November 13, 2019. 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 [...]
SouthGobi Resources Ltd. announces that SouthGobi Sands LLC , the wholly-owned Mongolian operating subsidiary of the Company, received a letter on August 26, 2019 from the Mineral Resources and Petroleum Authority of Mongolia notifying that the Company’s three mining licenses for the Soumber Deposit have been terminated by the Head of Cadastre Division of MRAM effective as of August 21, 2019. According to the Notice [...]
SouthGobi Resources Ltd. : SGQ, Hong Kong Stock Exchange : 1878) today announces its financial and operating results for the three and six months ended June 30, 2019. All figures are in U.S. dollars unless otherwise stated. Significant Events and Highlights The Company’s significant events and highlights for the three months ended June 30, 2019 and the subsequent period up to August 13, 2019 are as follows [...]
SouthGobi Resources Ltd. announces that its board of directors will approve the financial results of the Company and its subsidiaries for the second quarter of 2019 on Tuesday, August 13, 2019. These results will be released on August 13, 2019. 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. is pleased to announce that a majority of the Company’s disinterested shareholders voted in favour of a shareholder resolution authorizing and approving the deferral agreement between Land Breeze II S.à.r.l. , a wholly-owned subsidiary of China Investment Corporation, the Company and certain of its subsidiaries at the adjourned annual and special meeting of shareholders of the Company [...]
SouthGobi Resources Ltd. announces that the voting results of the annual and special meeting of shareholders of the Company held in Vancouver, Canada on May 30, 2019. The Company is also pleased to announce that the board of directors of the Company has re-designated Mr. Mao Sun, currently Interim Independent Lead Director, as Lead Director effective today. Mr. Ben Niu has elected as a non-executive director of the [...]
SouthGobi Resources Ltd. is pleased to announce that, further to its press release dated January 8, 2019 in which the Company announced the trading resumption guidance provided by the Hong Kong Stock Exchange , the Company has fulfilled the Resumption Guidance to the satisfaction of the HKEX, and the HKEX and the Toronto Stock Exchange have accepted the Company’s trading resumption application. Trading in the common [...]
SouthGobi Resources Ltd. : SGQ, Hong Kong Stock Exchange : 1878) today announces its financial and operating results for the three months ended March 31, 2019. All figures are in U.S. dollars unless otherwise stated. Significant Events and Highlights The Company’s significant events and highlights for the three months ended March 31, 2019 and the subsequent period to May 14, 2019 are as follows: Operating Results [...]
SouthGobi Resources Ltd. announces that the board of directors will meet on Tuesday, May 14, 2019 to consider and approve the financial results of the Company and its subsidiaries for the first quarter of 2019. These results will be released on May 14, 2019. 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 [...]
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