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Home : SouthGobi Resources Announces US$10 Million Shareholder Loan Facility With Turquoise Hill Resources
May 26
2014

SouthGobi Resources Announces US$10 Million Shareholder Loan Facility With Turquoise Hill Resources

HONG KONG, CHINA--(Marketwired - May 25, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company" or "SouthGobi") today announced that its majority shareholder, Turquoise Hill Resources Ltd. ("Turquoise Hill"), will support the Company by providing a $10 million revolving credit facility to the Company to meet short term working capital requirements. All figures are in U.S. Dollars unless otherwise stated.
Source:http://www.marketwired.com/mw/release.do?id=1913795&sourceType=3
 
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