May 22, 2018 / 1:24 PM / in a month

BRIEF-Southgobi Resources Ltd Says Is In Default Under Convertible Debenture And June 2017 Deferral Agreement Between Co, CIC

May 22 (Reuters) - SouthGobi Resources Ltd:

* UPDATE ON INTEREST PAYMENT OBLIGATIONS TO CIC

* SOUTHGOBI RESOURCES LTD - IS IN DEFAULT UNDER CONVERTIBLE DEBENTURE AND JUNE 2017 DEFERRAL AGREEMENT BETWEEN CO, CIC

* SOUTHGOBI RESOURCES - HAS RECEIVED NO INDICATION FROM CHINA INVESTMENT CORPORATION OF ANY INTENTION TO DELIVER A NOTICE OF DEFAULT UNDER AGREEMENTS Source text for Eikon: Further company coverage:

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