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Steppe Gold Limited

09:33 AM EST - Steppe Gold Limited : Provided an update on the Phase 2 expansion. Phase 2 Expansion Updates: Steppe Gold draws down $9.6 million from a US$150-million financing package in October to accelerate the construction and development of Phase 2 Expansion. EPC arrangements are in the final stages, partnering with leading international engineering firms and construction teams in Mongolia. EPC arrangements and selected parties will be announced shortly, with long lead items to be ordered this November. Steppe Gold Limited shares T.STGO are trading unchanged at $0.66.