Conference Call to Discuss Results HONG KONG, CHINA--(Marketwired - Mar 18, 2015) - The board of directors of SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") will meet on Monday, March 30, 2015 to consider and approve the fourth quarter and full year 2014 financial results of the Company and its subsidiaries. These financial results will be released before the Toronto Stock Exchange market opens. The [...]
HONG KONG, CHINA--(Marketwired - Mar 18, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announces that to reflect a shift in Turquoise Hill Resources Ltd.'s ("Turquoise Hill") business focus, Mr. Jeffery Dean Tygesen, Chief Executive Officer of Turquoise Hill, resigned as non-executive Director and member of the Nominating and Corporate Governance committee effective March 17 [...]
HONG KONG, CHINA--(Marketwired - Mar 15, 2015) - SouthGobi Resources Ltd. (TSX:SGQ) (HKSE:1878) ("SouthGobi" or the "Company") announces that effective March 13, 2015, Mr. Enkh-Amgalan Sengee, President and Chief Executive Officer, resigned to pursue other opportunities. Mr. Ted Chan, who has recently been appointed Executive Director, will assume the duties formerly handled by Mr. Sengee until further notice. Mr. Chan [...]
HONG KONG, CHINA--(Marketwired - Mar 3, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the closing of the initial tranche of a two tranche private placement with Novel Sunrise Investments Limited ("Novel Sunrise"). The initial tranche closing consisted of the issuance of 10,131,113 mandatory convertible units of the Company ("Mandatory Convertible Units") to Novel Sunrise [...]
TORONTO, Feb. 26, 2015 /CNW/ - DELISTING REVIEW SouthGobi Resources Ltd. (the "Company") TSX is reviewing the Common Shares (Symbol: SGQ) of the Company with respect to meeting the continued listing requirements. The Company has been granted 90 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. About TMX Group (TSX:X) TMX Group's key subsidiaries operate cash and [...]
HONG KONG, CHINA--(Marketwired - Feb 24, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces it has entered into a private placement agreement with Novel Sunrise Investments Limited ("Novel Sunrise") as a proposed new significant investor and strategic partner for proceeds of up to approximately US$7.5 million, with an initial tranche of approximately US$3.5 million. Pursuant to [...]
HONG KONG, CHINA--(Marketwired - Feb 18, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) ("SouthGobi" or the "Company") announced on February 1, 2015, that on January 30, 2015, the panel of appointed judges from the Second District Criminal Court of Justice found the three former employees of SouthGobi Sands LLC ("SGS"), the Company's Mongolian subsidiary, guilty of tax evasion and delivered sentences ranging from 5 [...]
SouthGobi Firmly Rejects and Will Appeal What It Considers To Be a Gross Miscarriage of Justice HONG KONG, CHINA--(Marketwired - Feb 1, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announced on January 7, 2015, that the Company had been informed that the re-investigation by the State Investigation Agency into alleged violations of Mongolian taxation law against three (3) former [...]
HONG KONG, CHINA--(Marketwired - Jan 15, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company" or "SouthGobi") today announced select fourth quarter 2014 operating results. All figures are in U.S. Dollars unless otherwise stated. Select Operating Results The Company's select operating results for the three months and year ended December 31, 2014, including comparative periods, are summarized in the table [...]
HONG KONG, CHINA--(Marketwired - Jan 7, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") announced today that the Capital City Prosecutor in Mongolia had dismissed the accusations of alleged money laundering against the Company's three (3) former employees and transferred the tax investigation case back to Court. As previously detailed by the Company in its Management Discussion and Analysis ("MD&a [...]
HONG KONG, CHINA--(Marketwired - Dec 12, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the stepping down of the President and Chief Executive Officer Ross Tromans, effective December 12, 2014 and appointment of Enkh-Amgalan Sengee as President and Chief Executive Officer. Mr. Tromans will remain with the Company and on the Board of Directors of SouthGobi until December 31 [...]
HONG KONG, CHINA--(Marketwired - Dec 5, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces that subject to certain conditions and limitations, Turquoise Hill Resources Ltd. ("Turquoise Hill") have deferred amounts owing on the US$10 million revolving credit facility (the "Turquoise Hill Facility") provided to the Company as initially announced on May 25, 2014 and updated on [...]