VANCOUVER, BC / ACCESSWIRE / March 19, 2024 / SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ("SouthGobi" or the "Company") announces deferral of payment obligation under Convertible Debenture.

The Board hereby announces that on July 15, 2024, the Company's wholly-owned Mongolian subsidiary, Southgobi Sands LLC ("SGS"), entered into a Build-Operate-Transfer agreement (the "BOT Agreement ...

a deferral of the cash interest, payment-in-kind interest ("PIK Interest"), management fees and related deferral fee of approximately US$111.6 million (the "2024 Deferred Amounts") which will be ...

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