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Provider: ValuEngine, Inc.
Provider: ValuEngine, Inc.

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Turquoise Hill Resources Ltd Announces Restatement Of Previously Reported Financial Results

Friday, 8 Nov 2013 08:38am EST 

Turquoise Hill Resources Ltd announced that it will restate its consolidated financial results for 2010, 2011, 2012 and the affected quarters, including 2013, following a decision by the Company's majority-owned subsidiary, SouthGobi Resources Ltd., that it plans to restate its financial results. The Company plans to effect this restatement by filing restated annual consolidated financial statements and management's discussion and analysis (MD&A) for the year ended December 31, 2012, including comparative periods presented therein. Additionally, the effects of the restatement will be reflected in the Company's interim consolidated financial statements and MD&A for the three and nine months ended September 30, 2013, including comparative periods presented therein.