SouthGobi Resources (TSE:SGQ) has released an update.
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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.
For further insights into TSE:SGQ stock, check out TipRanks’ Stock Analysis page.
