Early Warning News Release for JD Zhixing Fund L.P.
George Town, Cayman Islands--(Newsfile Corp. - August 30, 2022) - JD Zhixing Fund L.P. (the "Fund") has acquired 64,766,591 common shares (each, a "Common Share") of SouthGobi Resources Ltd. (the "Corporation") from Land Breeze II S.A.R.L. (the "Vendor") for US$7,000,000 or approximately CAD$9,106,300, using the Bank of Canada August 29, 2022 exchange rate of one (1) United States dollar to 1.3009 Canadian dollars, representing a price of CAD$0.1406 per share (the "Share Acquisition"). The...
2022-08-30 7:00 AM EDT
Early Warning News Release for JD Zhixing Fund L.P.
George Town, Cayman Islands--(Newsfile Corp. - May 26, 2022) - JD Zhixing Fund L.P. (the "Fund") has agreed to acquire 64,766,591 common shares (each, a "Common Share") of SouthGobi Resources Ltd. (the "Corporation") from Land Breeze II S.A.R.L. (the "Vendor") for US$7,000,000 or approximately CAD$8,985,900, using the Bank of Canada May 25, 2022 exchange rate of one (1) United States Dollar to 1.2837 Canadian dollars, representing a price of CAD$0.1387 per share (the "Share Acquisition"). The...
2022-05-26 10:53 PM EDT