Who is buying up South Gobi?
China Investment Corporation buying more SouthGobi Resources (T:SGQ)
Updated Tuesday Dec 01, 2015 03:17 AM EDT
China Investment Corporation, a 10% Holder, acquired 11,957,738 Common Shares on an indirect ownership basis for registered holder Land Breeze II S.a.r.l. at a price of $0.450 through a private transaction on November 27th. This represents a $5,380,982 investment into the company's shares and an account share holdings change of 31.5%.
SouthGobi Resources is in the Coal Sub Industry Group under the Energy Sector.
SouthGobi Resources Ltd. (SouthGobi) is a coal mining, development and exploration company. The Company owns coal projects in Mongolia, which includes the Ovoot Tolgoi open pit producing coal mine (Ovoot Tolgoi Mine) and other development projects, including the Ovoot Tolgoi Underground Deposit, the Soumber Deposit and the Zag Suuj Deposit. These projects are located in the Umnugobi Aimag (South Gobi Province) of Mongolia, within 150 kilometers of each other close to the Mongolia-China border. The Ovoot Tolgoi Mine, together with the Ovoot Tolgoi Underground Deposit, forms the Ovoot Tolgoi Complex. The Company owns a 100% interest in these coal projects. The Soumber Deposit comprising Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields is located approximately 20 kilometers east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit is located approximately 150 kilometers east of the Ovoot Tolgoi Mine and approximately 80 kilometers north of the Mongolia-China border. SouthGobi Resources Ltd. (SGQ) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $5,380,982.
- See more at: https://www.canadianinsider.com/private-eye-?issuer_id=00020008&date=2015-12-01#sthash.zs2w7vFo.dpuf
China Investment Corporation buying more SouthGobi Resources (T:SGQ)
Updated Tuesday Dec 01, 2015 03:17 AM EDT
China Investment Corporation, a 10% Holder, acquired 11,957,738 Common Shares on an indirect ownership basis for registered holder Land Breeze II S.a.r.l. at a price of $0.450 through a private transaction on November 27th. This represents a $5,380,982 investment into the company's shares and an account share holdings change of 31.5%.
SouthGobi Resources is in the Coal Sub Industry Group under the Energy Sector.
SouthGobi Resources Ltd. (SouthGobi) is a coal mining, development and exploration company. The Company owns coal projects in Mongolia, which includes the Ovoot Tolgoi open pit producing coal mine (Ovoot Tolgoi Mine) and other development projects, including the Ovoot Tolgoi Underground Deposit, the Soumber Deposit and the Zag Suuj Deposit. These projects are located in the Umnugobi Aimag (South Gobi Province) of Mongolia, within 150 kilometers of each other close to the Mongolia-China border. The Ovoot Tolgoi Mine, together with the Ovoot Tolgoi Underground Deposit, forms the Ovoot Tolgoi Complex. The Company owns a 100% interest in these coal projects. The Soumber Deposit comprising Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields is located approximately 20 kilometers east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit is located approximately 150 kilometers east of the Ovoot Tolgoi Mine and approximately 80 kilometers north of the Mongolia-China border. SouthGobi Resources Ltd. (SGQ) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $5,380,982.
- See more at: https://www.canadianinsider.com/private-eye-?issuer_id=00020008&date=2015-12-01#sthash.zs2w7vFo.dpuf
China Investment Corporation, a 10% Holder, acquired 11,957,738 Common Shares on an indirect ownership basis for registered holder Land Breeze II S.a.r.l. at a price of $0.450 through a private transaction on November 27th. This represents a $5,380,982 investment into the company's shares and an account share holdings change of 31.5%.
SouthGobi Resources is in the Coal Sub Industry Group under the Energy Sector.
SouthGobi Resources Ltd. (SouthGobi) is a coal mining, development and exploration company. The Company owns coal projects in Mongolia, which includes the Ovoot Tolgoi open pit producing coal mine (Ovoot Tolgoi Mine) and other development projects, including the Ovoot Tolgoi Underground Deposit, the Soumber Deposit and the Zag Suuj Deposit. These projects are located in the Umnugobi Aimag (South Gobi Province) of Mongolia, within 150 kilometers of each other close to the Mongolia-China border. The Ovoot Tolgoi Mine, together with the Ovoot Tolgoi Underground Deposit, forms the Ovoot Tolgoi Complex. The Company owns a 100% interest in these coal projects. The Soumber Deposit comprising Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields is located approximately 20 kilometers east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit is located approximately 150 kilometers east of the Ovoot Tolgoi Mine and approximately 80 kilometers north of the Mongolia-China border. SouthGobi Resources Ltd. (SGQ) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $5,380,982. - See more at: https://www.canadianinsider.com/private-eye-?issuer_id=00020008&date=2015-12-01#sthash.zs2w7vFo.dpuf
China Investment Corporation buying more SouthGobi Resources (T:SGQ)
Updated Tuesday Dec 01, 2015 03:17 AM EDT
China Investment Corporation, a 10% Holder, acquired 11,957,738 Common Shares on an indirect ownership basis for registered holder Land Breeze II S.a.r.l. at a price of $0.450 through a private transaction on November 27th. This represents a $5,380,982 investment into the company's shares and an account share holdings change of 31.5%.
SouthGobi Resources is in the Coal Sub Industry Group under the Energy Sector.
SouthGobi Resources Ltd. (SouthGobi) is a coal mining, development and exploration company. The Company owns coal projects in Mongolia, which includes the Ovoot Tolgoi open pit producing coal mine (Ovoot Tolgoi Mine) and other development projects, including the Ovoot Tolgoi Underground Deposit, the Soumber Deposit and the Zag Suuj Deposit. These projects are located in the Umnugobi Aimag (South Gobi Province) of Mongolia, within 150 kilometers of each other close to the Mongolia-China border. The Ovoot Tolgoi Mine, together with the Ovoot Tolgoi Underground Deposit, forms the Ovoot Tolgoi Complex. The Company owns a 100% interest in these coal projects. The Soumber Deposit comprising Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields is located approximately 20 kilometers east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit is located approximately 150 kilometers east of the Ovoot Tolgoi Mine and approximately 80 kilometers north of the Mongolia-China border. SouthGobi Resources Ltd. (SGQ) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $5,380,982.
- See more at: https://www.canadianinsider.com/private-eye-?issuer_id=00020008&date=2015-12-01#sthash.zs2w7vFo.dpuf
China Investment Corporation, a 10% Holder, acquired 11,957,738 Common Shares on an indirect ownership basis for registered holder Land Breeze II S.a.r.l. at a price of $0.450 through a private transaction on November 27th. This represents a $5,380,982 investment into the company's shares and an account share holdings change of 31.5%.
SouthGobi Resources is in the Coal Sub Industry Group under the Energy Sector.
SouthGobi Resources Ltd. (SouthGobi) is a coal mining, development and exploration company. The Company owns coal projects in Mongolia, which includes the Ovoot Tolgoi open pit producing coal mine (Ovoot Tolgoi Mine) and other development projects, including the Ovoot Tolgoi Underground Deposit, the Soumber Deposit and the Zag Suuj Deposit. These projects are located in the Umnugobi Aimag (South Gobi Province) of Mongolia, within 150 kilometers of each other close to the Mongolia-China border. The Ovoot Tolgoi Mine, together with the Ovoot Tolgoi Underground Deposit, forms the Ovoot Tolgoi Complex. The Company owns a 100% interest in these coal projects. The Soumber Deposit comprising Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields is located approximately 20 kilometers east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit is located approximately 150 kilometers east of the Ovoot Tolgoi Mine and approximately 80 kilometers north of the Mongolia-China border. SouthGobi Resources Ltd. (SGQ) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $5,380,982. - See more at: https://www.canadianinsider.com/private-eye-?issuer_id=00020008&date=2015-12-01#sthash.zs2w7vFo.dpuf