09:55 AM EST - SouthGobi Resources Ltd. : announced today 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 31. On April 16, 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. SouthGobi Resources Ltd.
shares T.SGQ are trading up $0.07 at $6.82.
