VANCOUVER, British Columbia, Nov. 14, 2017 -- SouthGobi Resources Ltd. today announces its financial and operating results for the three and nine months ended September 30, 2017. 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, 2017 and subsequent period up to November 13, 2017 are as [...]
VANCOUVER, British Columbia, Nov. 13, 2017 -- SouthGobi Resources Ltd. announces that Mr. Aminbuhe, the Chief Executive Officer, an executive director and the Chairman of the board of directors of the Company, has commenced a leave from his role as the Company’s Chief Executive Officer, effective November 13, 2017. Effective as of today, Mr. Bing Wang has been appointed as the interim Chief Executive Officer on a [...]
SouthGobi Resources Ltd. announces that it has entered into an investment agreement with Beijing De Rong Tai Investment Co., Ltd. on October 10, 2017 in connection with the Company's development of the Ceke Port Eco-friendly Bonded Logistics Park project . Pursuant to the Investment Agreement, BDRT has agreed, subject to fulfilment of certain conditions, to invest RMB 231 million in instalments by July 30, 2018 in return [...]
HONG KONG, CHINA--(Marketwired - Sep 22, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the September 18, 2017 decision of the Ontario Court of Appeal, which dismissed the Company's appeal of the original Ontario lower court decision to permit the plaintiff to commence and proceed with a class action (the "Class Action") against the Company claiming damages under the Ontario [...]
HONG KONG, CHINA--(Marketwired - Aug 31, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") is pleased to announce that it entered into a loan agreement on July 6, 2017 and a supplementary loan agreement on August 31, 2017 with Beijing Jin Rui Tian Chen Asset Management Co Ltd. (the "Equipment Purchase Loan") for the purpose of financing the purchase of mining equipment to increase the [...]
HONG KONG, CHINA--(Marketwired - Aug 14, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) (the "Company" or "SouthGobi") today announces its financial and operating results for the three and six months ended June 30, 2017. All figures are in U.S. dollars ("USD") unless otherwise stated. Significant Events and Highlights The Company's significant events and highlights for the three months ended June 30, 2017 and the [...]
HONG KONG, CHINA--(Marketwired - Aug 1, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") announces that the board of directors of the Company will meet on Monday, August 14, 2017 to consider and approve the results of the Company and its subsidiaries for the second quarter of 2017. These results will be released on August 14, 2017. About SouthGobi Resources Ltd. SouthGobi Resources Ltd., listed on the [...]
HONG KONG, CHINA--(Marketwired - Jul 4, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the voting results of the Annual Meeting of Shareholders of the Company (the "AGM") held in Vancouver, Canada on June 30, 2017. The majority of shareholders voted in favour of all resolutions at the AGM as set out in the Company's Management Proxy Circular, dated May 19, 2017, namely [...]
HONG KONG, CHINA--(Marketwired - May 25, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announced an update on its interest payment obligations to China Investment Corporation ("CIC"). Pursuant to the convertible debenture between CIC and the Company executed in November 2009 (the "Convertible Debenture") and the deferral agreement between CIC and the Company executed on [...]
HONG KONG, CHINA--(Marketwired - May 19, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the appointment of Mr. Wen Yao ("Mr. Yao") as a non-executive director of the Company, with effect from May 18, 2017. Mr. Yao is currently a Managing Director of CIC Capital Corporation ("CIC Capital"), a wholly owned subsidiary of China Investment Corporation ("CIC"). Mr. Yao is [...]
HONG KONG, CHINA--(Marketwired - May 17, 2017) - SouthGobi Resources Ltd. (TSX:SGQ) (HKSE:1878) (the "Company") today announces the appointment of Mr. Yingbin Ian He ("Mr. He") as an independent non-executive director of the Company, with effect from May 16, 2017. Mr. He, has over 30 years of experience in the mining industry. Mr. He is currently an independent non-executive director of [...]
HONG KONG, CHINA--(Marketwired - May 12, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company" or "SouthGobi") today announces its financial and operating results for the three months ended March 31, 2017. All figures are in U.S. dollars ("USD") unless otherwise stated. Significant Events and Highlights The Company's significant events and highlights for the three months ended March 31, 2017 and the [...]