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SouthGobi Resources Ltd

03:48 PM EST - SouthGobi Resources Ltd : announced the completion of the private placements for the issue of new Common Shares for gross proceeds of $9.0 million U.S. In addition, on December 3, the Company paid the November cash interest installment due on the secured convertible debenture held by a wholly owned indirect subsidiary of China Investment Corporation. SouthGobi Resources Ltd


shares T.SGQ are trading unchanged at $0.54.