SGQRF
SouthGobi Resources Ltd.Grey Market
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  • Sep. 3, 2012, 6:17 AM
    Chalco (ACH) drops its $926M offer for a majority stake in SouthGobi Resources (SGQRF.PK) because of political opposition to the deal.
    | Sep. 3, 2012, 6:17 AM
  • Jul. 3, 2012, 9:06 AM

    Ivanhoe Mines (IVN) and Chalco (ACH) agree to extend the deadline for their takeover bid for SouthGobi Resources (SGQRF.PK) to Aug. 3. ACH seeks to make a proportional takeover bid for up to 60% but not less than 56% of SouthGobi common shares at C$8.48/share. IVN +0.5%, ACH -1.5% premarket.

    | Jul. 3, 2012, 9:06 AM | 1 Comment
  • Apr. 2, 2012, 3:25 AM

    Chalco (ACH) bids for a controlling stake in Mongolia-focused miner SouthGobi Resources (SGQRF.PK), offering C$8.48/share vs. SouthGobi's previous Toronto close of C$6.44. The U.S. dollar value of the deal would be nearly $930M. Ivanhoe Mines (IVN), which owns ~58% of SouthGobi, looks favorably on the offer.

    | Apr. 2, 2012, 3:25 AM