SouthGobi Resources Agrees to $6.8 Million Class Action Settlement

Reuters
2025.12.16 17:00
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SouthGobi Resources Ltd. has settled a class action lawsuit for $6.8 million CAD, approved by the Ontario Superior Court of Justice. The settlement covers investors who held securities between March 30, 2011, and November 7, 2013. Eligible members must submit claims by June 15, 2026. The settlement does not imply liability or wrongdoing by SouthGobi.