11:09 AM EST - SouthGobi Resources Ltd. : Announced the execution of a deed of settlement by SouthGobi Sands LLC, a subsidiary of the Company, and First Concept Industrial Group Limited (formerly known as First Concept Logistics Limited) The Settlement Deed provides for the full and final satisfaction of the confidential partial award received by SGS on January 10, 2018 with respect to an arbitration proceeding in Hong Kong relating to a dispute concerning a coal supply agreement and a coal supply amendment agreement between SGS and First Concept, as well as the settlement of the issue of costs relating to the Arbitration and any other disputes arising out of the Coal Supply Agreement. SouthGobi Resources Ltd.
shares T.SGQ are trading unchanged at $0.11.
