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SouthGobi Resources Ltd.

03:31 PM EST - SouthGobi Resources Ltd. : Announced update on Turquoise Hill Resources shareholder loan and short term bridge loan. On May 16, the Company and Turquoise Hill Resources Ltd. entered into a deferral agreement for a shareholder loan granted by Turquoise Hill with an outstanding loan principal of $3.4 million U.S. and interest accrued up to May 16, of $0.7 million U.S.. SouthGobi Resources Ltd. shares T.SGQ are trading unchanged at $0.30.