SouthGobi Resources Ltd. reported that its total issued ordinary shares remained at 296.93 million during the month without any change. The public float requirement of 25.00% was confirmed as satisfied. In relation to share options, 0.73 million options under the Equity Incentive Plan remained outstanding with no new shares issued.
Regarding the company’s convertible debentures, a principal of USD 250.00 million can potentially convert into 38.18 million shares at a price of USD 6.55, and a further USD 33.10 million (accrued interest) can convert into 122.92 million shares at USD 0.27. No new shares were issued during the reporting period.