Home : February 2015 : February 25, 2015 News : Turquoise Hill Announces Sale of Remaining Stake in SouthGobi Resources |
Turquoise Hill Announces Sale of Remaining Stake in SouthGobi Resources |
February 25, 2015
VANCOUVER, BC--(Marketwired - February 24, 2015) - Turquoise Hill Resources (NYSE: TRQ) (NASDAQ: TRQ) (TSX: TRQ) (Turquoise Hill or the Company) today announced that it has entered into a share purchase agreement with Novel Sunrise Investments Limited (the Purchaser), a private investment holding company with affiliated Chinese-based enterprises in real estate, logistics and supply-chain management, providing for the sale to the Purchaser of its remaining stake in SouthGobi Resources Ltd. (SouthGobi), an integrated coal mining, development and exploration company operating in Mongolia.
http://www.marketwired.com/mw/release.do?id=1994423&sourceType=3
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