SouthGobi Resources Ltd. Reference is made to the announcements of the Company dated July 31, 2023 and August 18, 2023 in relation to the Mongolia tax audit. As previously disclosed in the Company's Announcement, on July 18, 2023, the Company's wholly owned subsidiary in Mongolia, SouthGobi Sands LLC , received a notice from the Mongolian Tax Authority relating to a periodic tax audit on certain of SGS's financial [...]
SouthGobi Resources Ltd. announces that Ms. Chonglin Zhu has been appointed as the Chief Financial Officer of the Company, replacing Mr. Alan Ho who has been assigned to a new management position in the Company. The changes become effect on February 2, 2024 Hong Kong time. Ms. Zhu, aged 36, joined the Company in September 2022 as Senior Vice President of Finance and an Executive Director of the Company. Prior to joining [...]
SouthGobi Resources Ltd. Reference is made to the announcement of the Company dated November 17, 2023 in relation to the waiver provided by JD Zhixing Fund L.P. of the Company's payment obligations under the November 2022 Deferral Agreement. Unless otherwise specified, terms used in this announcement shall have the meaning as defined in the November 17 Announcement. The Company announces that JDZF has agreed to extend the [...]
SouthGobi Resources Ltd. Reference is made to the announcements of the Company dated November 11, 2022, August 30, 2023 and October 13, 2023 and the Management Proxy Circular of the Company dated July 20, 2023 in relation to the deferral agreements under the Convertible Debenture. Unless otherwise specified, terms used in this announcement shall have the meaning as defined in the Announcements and the Management Proxy [...]
SouthGobi Resources Ltd. : 1878, TSX Venture Exchange : SGQ) today announces its financial and operating results for the three and nine months ended September 30, 2023. 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, 2023 and the subsequent period to November 14, 2023 are as follows [...]
SouthGobi Resources Ltd. wishes to inform its shareholders and potential investors that, based on the Company's preliminary assessment of the unaudited management accounts for the three months ended September 30, 2023 and the information currently available to the Company, it is expected that the Company would record a net profit between US$26 million and US$34 million for the three months ended September 30, 2023, as [...]
SouthGobi Resources Ltd. announces that the board of directors will approve the financial results of the Company and its subsidiaries for the third quarter of 2023 on Tuesday, November 14, 2023. These results will be released on Tuesday, November 14, 2023. About SouthGobi SouthGobi, listed on the Hong Kong Stock Exchange and the TSX Venture Exchange, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It [...]
SouthGobi Resources Ltd. announces that, on October 13, 2023, the Company and its subsidiaries, namely SouthGobi Sands LLC and SGQ Coal Investment Pte. Ltd., entered into a new deferral agreement with JD Zhixing Fund L.P. Background This announcement is made by SouthGobi Resources Ltd. pursuant to Rule 13.09 and Chapter 14A of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange and the Inside [...]
VANCOUVER, BC / ACCESSWRE / October 13, 2023 / SouthGobi Resources Ltd. announces that reference is made to the annual report of the Company for the year ended December 31, 2022 published on April 27, 2023 . Unless otherwise specified, terms used in this announcement shall have the meaning as defined in the 2022 Annual Report. In addition to the information disclosed in the section headed "Directors' Report" in the 2022 [...]
SouthGobi Resources Ltd. announces that reference is made to the Management Proxy Circular of the Company dated July 20, 2023 and the announcement of the Company dated August 22, 2023 . Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Circular and the Announcement. The Company is pleased to announce that the postponed Special Meeting of the [...]
SouthGobi Resources Ltd. announces that reference is made to the announcement of the Company dated July 5, 2023 in relation to the New Record Date ; and the Management Proxy Circular and the notice of the Special Meeting of the Company dated July 20, 2023. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement and the Circular. The Company [...]
SouthGobi Resources Ltd. announces that reference is made to the announcement of the Company dated July 31, 2023 in relation to the Mongolia tax audit. As previously disclosed in the Company's Announcement, on July 18, 2023, the Company's wholly owned subsidiary in Mongolia, SouthGobi Sands LLC , received a notice from the Mongolian Tax Authority relating to a periodic tax audit on certain SGS's financial information [...]