SouthGobi Resources (TSE:SGQ) has released an update.
SouthGobi Resources Ltd. has announced that its subsidiary, Southgobi Sands LLC, has filed an appeal against the results of a tax audit in Mongolia. The appeal, submitted to Mongolia’s Tax Dispute Resolution Council, follows a series of previous announcements regarding the ongoing tax audit issue. Shareholders and potential investors are cautioned to trade carefully with the company’s shares during this period.
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