SouthGobi Resources Limited
TSX : SGQ
HKSE : 1878

SouthGobi Resources Limited

March 18, 2015 00:22 ET

SouthGobi Resources Announces Resignation of Jeff Tygesen as Non-Executive Director

HONG KONG, CHINA--(Marketwired - March 18, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announces that to reflect a shift in Turquoise Hill Resources Ltd.'s ("Turquoise Hill") business focus, Mr. Jeffery Dean Tygesen, Chief Executive Officer of Turquoise Hill, resigned as non-executive Director and member of the Nominating and Corporate Governance committee effective March 17, 2015.

Mr. Lancaster, Interim Chair, said, "I would like to thank Jeff for his contributions to the Company."

About SouthGobi

SouthGobi is listed on the Toronto and Hong Kong stock exchanges. SouthGobi 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, 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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