VANCOUVER, BC / ACCESSWIRE / April 1, 2023 / SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) (“South Gobi” or the “Pursue“) is pleased to announce that, following the Company’s news release dated March 6, 2023, the Company’s common shares will begin trading on the TSX Venture Exchange (“TSX-V“) beginning trading in Canada on April 17, 2023. The Company’s trading symbol “SGQ” will remain unchanged.

The Company’s common shares are expected to trade on the TSX-V under the existing CUSIP #844375105 and ISIN #CA8443751059. In connection with the listing on the TSX-V, the Company’s common shares will be delisted from the Toronto Stock Exchange (“TSX“) at the close of trading on April 14, 2023 in Canada. Both the TSX and the TSX-V are expected to issue a corresponding bulletin.

About South Gobi

SouthGobi, which is listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also owns the mining licenses for its other metallurgical and thermal coal properties in the South Gobi region of Mongolia. SouthGobi produces and sells coal to customers in China.

Contact:

Investor Relations
Office: +852 2156 1438 (Hong Kong)
+1 604 762 6783 (Canada)
Email: [email protected]
Website: www.southgobi.com

Forward-Looking Statements

Certain information contained in this press release that is not current or historical fact constitutes forward-looking statements or information within the meaning of applicable securities laws (collectively, “forward-looking statements”), including information as to the effective date of listing of the Company’s common stock on the TSX -V and the Effective Date of Delisting from the TSX. Forward-looking statements are often identified by words such as “plan”, “expect”, “forecast”, “intend”, “believe”, “anticipate”, “could”, “should”, “aim”, “likely”. , “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on certain factors and assumptions, including, without limitation, the Company’s ability to satisfy the listing requirements set forth in the TSX-V Conditional Acceptance Letter and other similar factors, which could cause actual results to differ materially from those of the Company currently expected. Actual results may differ from the forward-looking statements. Readers are cautioned not to place undue emphasis on any forward-looking statements, which speak only as of the date of this disclosure, and not to rely on any such information as of any other date. While the Company may choose to do so, it has no obligation and assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, additional events or otherwise at any particular time, except as required by law . Additional information on factors that could cause actual results to differ materially from those in such forward-looking statements is included in the Company’s filings with Canadian securities regulators and under the Company’s profile on SEDAR at www.sedar.com become.

SOURCE: SouthGobi Resources Ltd.

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