SouthGobi Announces Resignation of Director
November 13 2020 - 8:35AM
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878)
(“
SouthGobi” or the “
Company”)
announces that Mr. Xiaoxiao Li (“
Mr. 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 the board of directors of the Company (the
“Board”) and there is no matter in relation to his
resignation that needs to be brought to the attention of the
shareholders of the Company.
The Board takes this opportunity to express its
very sincere gratitude to Mr. Li for his valuable contribution to
the Board and the Company.
About SouthGobiSouthGobi,
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.
Contact: |
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Investor Relations |
Office: |
+852 2156 1438 (Hong Kong) |
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+1 604 762 6783 (Canada) |
Email: |
info@southgobi.com |
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Website: |
www.southgobi.com |
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