SouthGobi Resources Limited
HKSE : 1878

SouthGobi Resources Limited

August 31, 2015 06:19 ET

SouthGobi Resources Announces Resignation of Andre Deepwell as Independent Non-Executive Director

HONG KONG, CHINA--(Marketwired - Aug. 31, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announces that Mr. André Deepwell, to pursue other interests, resigned as an independent non-executive director, chairman of the Audit Committee, and member of the Nominating and Corporate Governance committee and Compensation and Benefits committee of the Company effective August 31, 2015.

Mr. Lancaster, Interim Chair, said, "Since joining in 2003, André has made outstanding contributions to the Company with his professional expertise and extensive experience. On behalf of SouthGobi, I would like to thank André for his dedication and contributions to the Company and wish him the best in his future endeavours."

About SouthGobi

SouthGobi, listed on the Toronto and Hong Kong stock exchanges, is focused on exploration and development of its metallurgical and thermal coal deposits in Mongolia's South Gobi Region. It has a 100% shareholding in SouthGobi Sands LLC, a Mongolian registered company that holds the mining and exploration licences in Mongolia and operates the flagship Ovoot Tolgoi coal mine. Ovoot Tolgoi produces and sells coal to customers in China.

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