Brief: Southgobi Resources Says On Jan 20 Received Written Notice From Hong Kong Stock Exchange

SouthGobi Resources

31/01/2023 14:56

Jan 31 (Reuters) - SouthGobi Resources  SGQ.TO :
    * ON JAN 20 CO RECEIVED WRITTEN NOTICE FROM HONG KONG STOCK
EXCHANGE
    * NOTICE OF EXCHANGE ON DECISION THAT MAJORITY OF TRADING IN
COMPANY'S SHARES HAS MIGRATED TO HONG KONG STOCK EXCHANGE'S
MARKETS
    * CO IS CONTINUOUSLY ASSESSING LEGAL, FINANCIAL, AND
OPERATIONAL
IMPACT OF MIGRATION TO COMPANY
    * CO BELIEVES MIGRATION WILL NOT BRING ANY MATERIAL IMPACT
TO
SHAREHOLDERS, POTENTIAL INVESTORS TRADING ON HKSE
    * ANTICIPATED EFFECTIVE DATE OF DELISTING IN CANADA IS
POSTPONED
TO END OF FEBRUARY 2023 INSTEAD OF END OF JANUARY 2023
    * THERE MAY EXIST SPECIFIC UNCERTAINTIES AS TO WHETHER AND
WHEN
DELISTING WILL PROCEED

Further company coverage:  SGQ.TO 
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