SouthGobi Resources Limited
HKSE : 1878

SouthGobi Resources Limited

August 02, 2015 19:42 ET

SouthGobi Resources Announces Resignation of Chief Financial Officer

HONG KONG, CHINA--(Marketwired - Aug. 2, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) (the "Company" or "SouthGobi") today announces that Bertrand Troiano has stepped down as Chief Financial Officer of SouthGobi following a two-year secondment from Rio Tinto which ended on July 31, 2015.

Gordon Lancaster, Interim Chair, said "Bertrand did a remarkable job for SouthGobi in trying times. The Board of Directors is highly appreciative and wishes him well in his future endeavours."

A search for Mr. Troiano's successor has commenced and will be announced in due course.

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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