VANCOUVER, British Columbia, Nov. 23, 2017 -- SouthGobi Resources Ltd. announces today that the Board of Directors of the Company has terminated the employment of the Company’s Chief Executive Officer, Mr. Aminbuhe, due to his incapability to fulfil his daily duties and responsibilities as the Chief Executive Officer of the Company, effective [...]
VANCOUVER, British Columbia, Nov. 22, 2017 -- SouthGobi Resources Ltd. announces today that pursuant to the convertible debenture between China Investment Corporation and the Company signed in November 2009 and the deferral agreement between CIC and the Company executed on June 12, 2017 , the total cash interest payments and associated fees which [...]
VANCOUVER, British Columbia, Nov. 17, 2017 -- SouthGobi Resources Ltd. announces that on November 16, 2017, it learned that Mr. Aminbuhe, the Chairman and Chief Executive Officer of the Company, was arrested on October 11, 2017 and is being detained at Rizhao City Detention Center in China as a suspect in a fraudulent loan case. The Board of [...]
VANCOUVER, British Columbia, Nov. 14, 2017 -- SouthGobi Resources Ltd. today announces its financial and operating results for the three and nine months ended September 30, 2017. 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 [...]
VANCOUVER, British Columbia, Nov. 13, 2017 -- SouthGobi Resources Ltd. announces that Mr. Aminbuhe, the Chief Executive Officer, an executive director and the Chairman of the board of directors of the Company, has commenced a leave from his role as the Company’s Chief Executive Officer, effective November 13, 2017. Effective as of today, Mr [...]
SouthGobi Resources Ltd. announces that it has entered into an investment agreement with Beijing De Rong Tai Investment Co., Ltd. on October 10, 2017 in connection with the Company's development of the Ceke Port Eco-friendly Bonded Logistics Park project . Pursuant to the Investment Agreement, BDRT has agreed, subject to fulfilment of certain [...]
HONG KONG, CHINA--(Marketwired - Sep 22, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the September 18, 2017 decision of the Ontario Court of Appeal, which dismissed the Company's appeal of the original Ontario lower court decision to permit the plaintiff to commence and proceed with a class action [...]
HONG KONG, CHINA--(Marketwired - Aug 31, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") is pleased to announce that it entered into a loan agreement on July 6, 2017 and a supplementary loan agreement on August 31, 2017 with Beijing Jin Rui Tian Chen Asset Management Co Ltd. (the "Equipment Purchase Loan") for [...]
HONG KONG, CHINA--(Marketwired - Aug 14, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) (the "Company" or "SouthGobi") today announces its financial and operating results for the three and six months ended June 30, 2017. All figures are in U.S. dollars ("USD") unless otherwise stated. Significant Events and Highlights The Company's significant [...]
HONG KONG, CHINA--(Marketwired - Aug 1, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company") announces that the board of directors of the Company will meet on Monday, August 14, 2017 to consider and approve the results of the Company and its subsidiaries for the second quarter of 2017. These results will be released on August 14 [...]
HONG KONG, CHINA--(Marketwired - Jul 4, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces the voting results of the Annual Meeting of Shareholders of the Company (the "AGM") held in Vancouver, Canada on June 30, 2017. The majority of shareholders voted in favour of all resolutions at the AGM as set out [...]
HONG KONG, CHINA--(Marketwired - May 25, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announced an update on its interest payment obligations to China Investment Corporation ("CIC"). Pursuant to the convertible debenture between CIC and the Company executed in November 2009 (the "Convertible Debenture [...]