SouthGobi Resources Lid announced that the expected closing date of the sale of
the Tsagaan Tolgoi Deposit to Modun Resources Limited is extended to be on or
before December 31st 2012.
On April 16th 2012 SouthGobi announced the Mineral Resource Authority of Mongolia requested suspension of certain of the Company's mining and exploration licenses The extension of the expected closing date with Modun allows additional time to resolve any issues. All other material terms of the deal remain unchanged.
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On April 16th 2012 SouthGobi announced the Mineral Resource Authority of Mongolia requested suspension of certain of the Company's mining and exploration licenses The extension of the expected closing date with Modun allows additional time to resolve any issues. All other material terms of the deal remain unchanged.
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