Stocks in Play

SouthGobi Resources Ltd

09:54 AM EST - SouthGobi Resources Ltd : announced today that it has completed the private placement with Aspire Mining Limited announced on October 26. Pursuant to the private placement, SouthGobi has acquired 105,860,186 common shares of Aspire at a price of A$0.19 per share, for an aggregate purchase price of approximately A$20.1 million. SouthGobi Resources Ltd shares T.SGQ are trading up $0.15 at $12.25.