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Southgobi Resources (OTC:SGQRF) Stock, Option Chain

Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.

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SGQRF

TSX:SGQ

SouthGobi Resources Ltd. (TSX: SGQ) (OTC: SGQRF) states that 

Land Breeze To Sell Its Interest In SouthGobi Resources

Earnings

SouthGobi Resources Posts Narrower Q4 Loss

SOUTHGOBI RES LTD by SouthGobi Resources Ltd.

Southgobi Resources Ltd

SouthGobi Resources Ltd.&nbsp;(TSX: SGQ) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/sgqrf#OTC">SGQRF</a>) states that&nbsp;<a class="editor-rtfLink" href="https://www.accesswire.com/702989/Land-Breeze-Agrees-to-Sell-Its-Interest-in-SouthGobi" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Land Breeze has agreed to sell all of its interests in SouthGobi</a>, including 64.76 million common shares and the $250 million convertible debenture dated November 19, 2009, to JD Zhixing Fund LP.
In connection with the Sale Transaction, Land Breeze and affiliate Fullbloom Investment Corp have agreed to assign JD Zhixing Fund all of the respective rights in and obligations in SouthGobi Debenture, cooperation, deferral agreements, and the security holders agreement.
Price Action:&nbsp;SGQ shares traded higher by 2.86% at C$0.18 on the last check Friday.
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SouthGobi Resources Ltd (OTC: SGQRF) posted a narrower Q4 loss.

SouthGobi Resources posted a quaretrly net loss of $18.9 million, or $0.14 pershare, versus a year-ago loss of $28.7 million, or $0.16 per share.

Its revenue climbed 23% to $51.1 million.

SouthGobi Resources shares closed at $6.2550 on Friday.

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