Brief: Southgobi Resources Sees Net Loss Between $33.0 Million And $38.0 Million For Six Months
23/08/2023 02:42
Aug 23 (Reuters) - SouthGobi Resources Ltd SGQ.V :
* SOUTHGOBI RESOURCES LTD SEES NET LOSS BETWEEN US$33.0
MILLION
AND US$38.0 MILLION FOR SIX MONTHS
* EXPECTED LOSS DUE TO PROVISION OF A TAX PENALTY OF US$75.0
MILLION
* CURRENTLY REVIEWING NOTICE AND ACTIVELY EXPLORING VARIOUS
OPTIONS TO FILING AN APPEAL FOR TAX PENALTY AMOUNT
Further company coverage: SGQ.V
((Reuters.Briefs@thomsonreuters.com;))
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