HONG KONG, CHINA--(Marketwired - Dec 3, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the completion of the private placements for the issue of new Common Shares for gross proceeds of US$9.0 million. In addition, on December 3, 2014 the Company paid the November 2014 cash interest installment due on the secured convertible debenture held by a wholly owned indirect [...]
The cure period for the payment of the November 2014 cash interest due to CIC will continue until December 4, 2014 HONG KONG, CHINA--(Marketwired - Dec 1, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces it entered into private placement agreements for the issue of new Common Shares in the Company for gross proceeds of approximately US$9.0 million. In addition, the Company [...]
HONG KONG, CHINA--(Marketwired - Nov 20, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") is delaying the payment of the November 2014 installment of cash interest due on the secured convertible debenture it entered into with a wholly owned subsidiary of China Investment Corporation ("CIC") and continues to seek additional funds. In November 2009, the Company entered into a financing [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 12, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announces the retirement of its Chair Ms. Kay Priestly, effective December 1, 2014. Current independent Director Mr. Gordon Lancaster has been appointed Interim Chair and Mr. Jeff Tygesen will join the Board as Director effective December 1, 2014. Ms. Priestly said "It has been a [...]
HONG KONG, HONG KONG--(Marketwired - Nov 10, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") today announced its financial and operating results for the three and nine months ended September 30, 2014. 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, 2014 and subsequent [...]
Conference Call to Discuss Results HONG KONG, CHINA--(Marketwired - Oct 29, 2014) - The board of directors of SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) (the "Company") will meet on Monday, November 10, 2014 to consider and approve the third quarter 2014 financial results of the Company and its subsidiaries. These financial results will be released before TSX market open. The Company will host a conference call and [...]
HONG KONG, CHINA--(Marketwired - Oct 15, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company" or "SouthGobi") today announced select third 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 ended September 30, 2014, including comparative periods, are summarized in the table below [...]
HONG KONG, CHINA--(Marketwired - Sep 28, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi") announced today that construction of a paved highway from the Ovoot Tolgoi Complex to the Shivee Khuren Border Crossing has been completed. Traffic opening ceremony of the highway was held on September 27, 2014. "With the completion of the paved highway, I am pleased to announce that we have achieved one of our [...]
HONG KONG, CHINA--(Marketwired - Aug 31, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announced that subject to certain conditions and limitations, its majority shareholder, Turquoise Hill Resources Ltd. ("Turquoise Hill"), will continue to support the Company by deferring payment and repayment of all amounts due by SouthGobi under the $10 million revolving credit facility [...]
HONG KONG, CHINA--(Marketwired - Aug 26, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company"). The Company announced on August 11, 2014, the trial date for the tax investigation case against the Company's Mongolian subsidiary SouthGobi Sands LLC ("SGS") and three of its former employees was set for August 25, 2014. The trial commenced on August 25, 2014 and on August 26, 2014, the panel of three appointed [...]
HONG KONG, CHINA--(Marketwired - Aug 11, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") today announced its financial and operating results for the three and six months ended June 30, 2014. 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, 2014 and subsequent period to August [...]
Conference call to discuss results HONG KONG, CHINA--(Marketwired - Jul 30, 2014) - The board of directors of SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") will meet on Monday, August 11, 2014 to consider and approve the interim financial results of the Company and its subsidiaries for the three and six months ended June 30, 2014. These financial results will be released before TSX market open. The [...]