South Gobi Extends Sale Closing Date to December 2012

South Gobi Resources Limited (TSX:SGQ) announced that it has extended the closing date of the sale of its Tsagaan Tolgoi Deposit. The Company has moved the closing of the sale to Modun Resources Limited to December 31, 2012.

As quoted in the press release:

The extension of the expected closing date with Modun allows additional time to resolve any issues. All other material terms of the deal remain unchanged.

Click here to read the South Gobi Resources Limited (TSX:SGQ) press release