HONG KONG, CHINA — (Marketwired) — 12/05/14 — 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 August 31, 2014.On December 4, 201
HONG KONG, CHINA — (Marketwired) — 12/03/14 — 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 subsidiary of China Investment Corporation ("CIC"
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) — 11/20/14 — 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 agreement with a wholly owned subsidiary of
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/12/14 — 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 privilege to serve SouthGobi–s shareholders and
HONG KONG, HONG KONG — (Marketwired) — 11/10/14 — 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 HighlightsThe Company–s significant events and highlights for the three months ended September 30, 2014 and subsequent period to November 10, 2014 are as follows:Summary of Operationa
Conference Call to Discuss Results
HONG KONG, CHINA — (Marketwired) — 10/15/14 — 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 ResultsThe Company–s select operating results for the three months ended September 30, 2014, including comparative periods, are summarized in the table below:The Company continues to operate under difficult market c
HONG KONG, CHINA — (Marketwired) — 09/28/14 — 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 key objectives for 2014. The highway will significantly incr
HONG KONG, CHINA — (Marketwired) — 12/12/13 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) (the "Company"). Reference is made to the announcements of the Company dated November 8, 2013, November 11, 2013 and November 14, 2013 in relation to the decision by the Company-s board of directors (the "Board") to approve the restatement of the Company-s consolidated financial statements for 2011 and 2012. The Company today announced its restated financial and operating result
