SouthGobi Resources Ltd. announces that the board of directors will approve the financial results of the Company and its subsidiaries for the fourth quarter and the full year of 2020 on Tuesday, March 30, 2021. These results will be released on Tuesday, March 30, 2021. About SouthGobi SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia [...]
SouthGobi Resources Ltd. is pleased to announce that on March 2, 2021, the Company's wholly-owned Mongolian operating subsidiary, SouthGobi Sands LLC, received a notice from the Mongolian governmental authority that the Company's three mining licenses of the Soumber Deposit have been reinstated effective as of March 2, 2021. The Soumber Mining Licenses cover approximately 22,000 hectares of undeveloped coal deposit area [...]
SouthGobi Resources Ltd. wishes to inform the Company's shareholders and potential investors that, based on the Company's preliminary assessment of the unaudited management accounts of the Company for the year ended 31 December 2020 and the information currently available to the Company, it is expected that the Company would record a net loss between USD 19 million and USD 24 million for the year ended 31 December 2020 [...]
SouthGobi Resources Ltd. is pleased to announce that the TSX Continued Listing Committee has completed the Delisting Review of the Company and determined that the Company satisfies TSX's applicable requirements for continued listing. About SouthGobi SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. SouthGobi produces and sells coal to [...]
SouthGobi Resources Ltd. announces that effective from February 10, 2021, Mr. Weiguo Zhang has tendered his resignation as the Company's Chief Financial Officer ; Mr. Aiming Guo has tendered his resignation as the Company's Chief Operating Officer and a member of the Health, Environment, Safety and Social Responsibility Committee ; Mr. Alan Ho has been appointed as the Company's acting CFO; Mr. Munkhbat Chuluun has been [...]
SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated September 13, 2020, November 16, 2020, December 8, 2020, December 17, 2020, January 8, 2021 and February 8, 2021. Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements. The Company is pleased to announce that the Company has fulfilled [...]
SouthGobi Resources Ltd. is pleased to announce that, on February 5, 2021, the British Columbia Securities Commission, the Company's principal securities regulator in Canada, and the Ontario Securities Commission have granted a full revocation of the cease trade order issued against the Company on June 19, 2020 . The Cease Trade Order was originally issued as a result of the Company's failure to file prior to the [...]
SouthGobi Resources Ltd. is pleased to announce the voting results of the annual and special meeting of shareholders of the Company held in Vancouver, Canada on January 21, 2021. At the Meeting, the majority of the Company's shareholders voted in favour of the following matters as set out in the Company's management proxy circular dated December 9, 2020, a copy of which is available under the Company's profile on SEDAR at [...]
SouthGobi Resources Ltd. announces implementation progress of its resumption plan and business update. Reference is made to the announcements of the Company dated November 16, 2020 and December 8, 2020. Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Announcements. RESUMPTION GUIDANCE As stated in the Announcements of the Company, the Hong Kong Stock [...]
SouthGobi Resources Ltd. : SGQ, Hong Kong Stock Exchange : 1878) today announces its financial and operating results for the three and nine months ended September 30, 2020. 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, 2020 and the subsequent period up to January 4, 2021 are as follows [...]
SouthGobi Resources Ltd. hereby announces that Sir Kwok Siu Man KR has tendered his resignations as the joint company secretary of the Company in Hong Kong ; the authorized representative of the Company for accepting service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance, Chapter 622 of the laws of Hong Kong; and has ceased to act as an authorized representative of [...]
SouthGobi Resources Ltd. : SGQ, Hong Kong Stock Exchange : 1878) today announces its financial and operating results for the three and six months ended June 30, 2020. 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, 2020 and the subsequent period up to December 23, 2020 are as follows: Operating [...]