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SouthGobi Resources Ltd V.SGQ

Alternate Symbol(s):  SGQRF

Coal Basic Materials
SouthGobi Resources Ltd., together with its subsidiaries, operates as an integrated coal mining, development, and exploration company in Mongolia and China. The company primarily explores for coking and thermal coal. Its flagship project is the Ovoot Tolgoi open pit coal mine located in the Umnugobi Aimag of Mongolia. The company was formerly known as SouthGobi Energy Resources Ltd. and changed its name to SouthGobi Resources Ltd. in May 2010. SouthGobi Resources Ltd. is based in Kowloon, Hong Kong.


TSXV:SGQ - Post by User

SouthGobi Resources Ltd
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  • Betteryear2X
Post by Betteryear2on Mar 01, 2022 1:14pm
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Post# 34471789

SouthGobi Comments on Trading Activities at Request of IIROC

SouthGobi Comments on Trading Activities at Request of IIROC

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2022) - SouthGobi Resources Ltd. (TSX: SGQ) (HKE: 1878) ("SouthGobi" or the "Company") is issuing this press release in response to a request from the Investment Industry Regulatory Organization of Canada ("IIROC") to comment on the trading activity of its stock on Tuesday, March 1, 2022.

SouthGobi is not aware of any material, undisclosed information related to the Company's operations and affairs that would account for the recent increase in the market price and level of trading volume of its common shares.

About SouthGobi
SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also holds the mining licences of its other metallurgical and thermal coal deposits in South Gobi Region of Mongolia. SouthGobi produces and sells coal to customers in China.

www.southgobi.com


 

https://www.newsfilecorp.com/release/115262

 

 

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