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Home : SouthGobi Announces Deferral Agreement With CIC
Jul 19
2016

SouthGobi Announces Deferral Agreement With CIC

HONG KONG, CHINA--(Marketwired - July 18, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) ("SouthGobi" or the "Company") announces the execution of a deferral agreement with China Investment Corporation ("CIC"). The deferral agreement covers outstanding deferred cash interest obligations and associated costs of US$18.8 million as of today and the next Issue Date Anniversary Cash Interest payment of US$8.1 million due on November 19, 2016.
Source:http://www.marketwired.com/mw/release.do?id=2143186&sourceType=3
 
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