SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated September 3, September 13, September 30 and October 4, 2020 . Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Announcements. This announcement provides a quarterly update on resumption progress and the update on the business operations of the Company [...]
SouthGobi Resources Ltd. announces that Mr. Xiaoxiao Li has tendered his resignation as a non-executive director of the Company with effect from November 13, 2020. Mr. Li’s resignation as a director of the Company is a result of his recent departure from a subsidiary of a major shareholder of the Company which had nominated Mr. Li to serve as a director of the Company. Mr. Li has confirmed that he has no disagreement with [...]
SouthGobi Resources Ltd. announces that reference is made to the announcement of the Company dated September 30, 2020 in relation to the additional resumption guidance . Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as that ascribed to them in the Announcement. This clarification announcement is published for the purpose of correcting inadvertent clerical errors. The Company [...]
SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated September 3 and September 13, 2020 . Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as that ascribed to them in the Announcements. RESUMPTION GUIDANCE With reference to the announcement of the Company dated September 3, 2020, the Company has been notified by the Hong Kong Stock [...]
SouthGobi Resources Ltd. announces that reference is made to the announcement of the Company dated June 19, 2020 . Capitalized terms used herein, unless otherwise defined, shall have the same meaning as those defined in the Announcement. 2020 DEFERRAL AGREEMENT As of the date of this announcement, the Company has not repaid the 2020 June Deferral Amount and related deferral fees totaling approximately US$75.2 million [...]
SouthGobi Resources Ltd. announces that it was notified by the Toronto Stock Exchange on September 11, 2020 that it is reviewing the eligibility for continued listing of the Company’s common shares on the TSX pursuant to the TSX’s Remedial Review Process . The Company has been granted 120 days from the date of this notification to remedy the following delisting criteria, as well as any other delisting criteria that become [...]
SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated August 12, 2020 and August 17, 2020 in relation to the delay in publication of 2019 Audited Annual Results and despatch of the 2019 Annual Report, delay in publication of the Q1 and Q2 2020 Financial Results and trading suspension. Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as [...]
SouthGobi Resources Ltd. announces that at the request of the Company, trading in the shares of the Company on the Hong Kong Stock Exchange will be suspended with effect from 9:00 a.m. on Monday, August 17, 2020 pending the publication of the audited annual results of the Company for the year ended 31 December 2019. About SouthGobi SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its [...]
SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated June 21, 2020, June 30, 2020 and July 24, 2020 in relation to the delay in publication of the 2019 Audited Annual Results and the despatch of the 2019 Annual Report. Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as that ascribed to them in the Announcements. Delay in Publication [...]
SouthGobi Resources Ltd. wishes to inform the shareholders of the Company and potential investors that, based on the Company's preliminary assessment of the operational data and the information currently available, the Company expects to record a net loss in the range of USD 16 million to USD 21 million for the first half of 2020, as compared with a net profit of USD 4.2 million for the first half of 2019. The decrease in [...]
SouthGobi Resources Ltd. announces that reference is made to the announcement of the Company dated June 30, 2020 in relation to the delay in publication of the 2019 Audited Annual Results and the despatch of the 2019 Annual Report. Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as that ascribed to them in the June 30th Announcement. As disclosed in the June 30th Announcement [...]
SouthGobi Resources Ltd. announces that reference is made to the announcements of the Company dated May 17, 2020 and June 11, 2020 in relation to, among other things, the delay in publication of the annual results of the Company for the year ended 31 December 2019 and despatch of the 2019 Annual Report. Unless otherwise stated herein, the capitalized terms used herein shall have the same meanings as that ascribed to them [...]