Clarification Announcement
October 09 2020 - 7:14AM
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878)
(“
SouthGobi” or the “
Company”)
announces that reference is made to the announcement of the Company
dated September 30, 2020 in relation to the additional resumption
guidance (the “
Announcement”). 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 hereby clarifies that the additional
resumption guidance as disclosed in the Announcement shall read as
follows: “resolve issues arisen from the Cease Trade Order and/or
the TSX Delisting Review, or take steps to the satisfaction of the
Hong Kong Stock Exchange that the Company will be eligible for a
primary listing on the Hong Kong Stock Exchange”.
Save for the above clarification, all other
information and contents of the Announcement remain unchanged.
CONTINUED SUSPENSION OF
TRADING
At the request of the Company, trading in the
shares of the Company on the Hong Kong Stock Exchange has been
suspended with effect from August 17, 2020 and will remain
suspended until further notice.
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 customers in
China.
Website: www.southgobi.com
Contact:
Investor Relations
Office: +852 2156 1438 (Hong Kong) +1 604 762 6783 (Canada)
Email: info@southgobi.com
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