SouthGobi Resources Announces Resignation of Brett Salt as Non-Executive Director and His Appointment as Chief Commercial

SouthGobi Resources Announces Resignation of Brett Salt as Non-Executive 
Director and His Appointment as Chief Commercial
Officer 
HONG KONG, CHINA -- (Marketwired) -- 07/31/13 --  
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong
Kong Limited and Hong Kong Securities Clearing Company Limited take
no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly
disclaim any liability whatsoever for any loss howsoever arising from
or in reliance upon the whole or any part of the contents of this
announcement. 


 
                          SOUTHGOBI RESOURCES LTD.                          
                                                                            
     (a company continued under the laws of British Columbia, Canada with   
                             limited liability)                             
                             (Stock Code: 1878)                             

 
SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878), (the "Company" or
"SouthGobi") today announces that effective August 1, 2013, Brett
John Salt will resign as a non-executive director, a member of the
Mergers and Acquisition Committee and a member of the Health,
Environment, Safety and Social Responsibility Committee
("Resignation") due to his appointment as Chief Commercial Officer
("CCO"). Mr. Salt's appointment is effective August 1, 2013 and he
will be based in Hong Kong. 
Mr. Salt has confirmed that he has no disagreement with the board of
directors (the "Board") of the Company and there is no matter
relating to his Resignation that needs to be brought to the attention
of the shareholders of the Company. 
Mr. Salt, 38, joins SouthGobi from Turquoise Hill Resources Ltd.
("Turquoise Hill") where he was Senior Vice President, Strategy and
Development. Prior to this, Mr. Salt worked for Rio Tinto plc and Rio
Tinto Limited ("Rio Tinto") for 15 years in a variety of senior
product group and corporate level commercial roles including General
Manager Business Development for Rio Tinto Limited and Chief
Financial Officer of the Rio Tinto Marine business. 
Mr. Salt holds a Bachelor of Commerce - Economics and Commercial Law
from the Curtin University of Technology in Perth, Australia. He has
completed the Investment and Risk Management in Shipping program at
the IMD Business School in Lausanne, Switzerland and the Rio Tinto
Business Leadership Development Program at Duke University. Mr. Salt
is a member of the Institute of Corporate Directors. 
Other than being a director of the Company between September 3, 2012
and July 31, 2013, Mr. Salt has not held any other directorships in
publicly listed companies in the past three years. Mr. Salt owns no
shares or options in the Company or in Turquoise Hill, the Company's
majority shareholder. He owns 4,686 shares and no options in Rio
Tinto, Turquoise Hill's majority shareholder. 
Save as disclosed above, the new CCO does not have any interest in
the shares of the Company within the meaning of Part XV of the
Securities and Futures Ordinance. 
There is no specific term or proposed length of services for Mr.
Salt's appointment as CCO of the Company. Mr. Salt does not have any
relationship with any other directors, senior management, substantial
or controlling shareholders of the Company other than as disclosed
above. Save as disclosed above, there is no other information
relating to the appointment of Mr. Salt as CCO that is required to be
disclosed pursuant to Rule 13.51(2)(h) to (v) of the Rules Governing
the Listing of Securities on The Stock Exchange of Hong Kong Limited
nor any matters that need to be brought to the attention of the
shareholders of the Company. 


 
                                                       By order of the Board
                                                    SouthGobi Resources Ltd.
                                                                            
                                                            Ms. Kay Priestly
                                                                    Chairman

 
Hong Kong, July 31, 2013 
As of the date of this announcement, the executive Director is Mr.
Kenneth Ross Tromans, the non-executive Directors are Ms. Kay
Priestly, Mr. Lindsay Dove, Mr. Sean Hinton, Mr. Brett Salt, and Mr.
Kelly Sanders, and the independent non-executive Directors are Mr.
Pierre Bruno Lebel, Mr. Andre Henry Deepwell, and Mr. William Gordon
Lancaster. 
(i) For identification purposes only 
July 31, 2013 
SouthGobi Resources announces resignation of Brett Salt as
non-executive director and his appointment as Chief Commercial
Officer 
HONG KONG - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878)
("SouthGobi" or "Company") today announced that, effective August 1,
2013, Brett Salt will resign as a non-executive director, a member of
the Mergers and Acquisition Committee and a member of the Health,
Environment, Safety and Social Responsibility Committee due to his
appointment as Chief Commercial Officer. Mr. Salt's appointment is
effective August 1, 2013 and he will be based in Hong Kong. 
Mr. Ross Tromans, President and CEO of SouthGobi said "I am pleased
to announce the appointment of Brett Salt as SouthGobi's new Chief
Commercial Officer and a member of the senior executive team. Brett
joins SouthGobi from Turquoise Hill Resources Ltd. ("Turquoise Hill")
where he was Senior Vice President, Strategy and Development. Brett's
role is responsible for strategy development, business development
and overall sales and marketing for the Company. Brett's experience
and background provide the ideal skill set to help realize the
potential of the Company's assets going forward." 
Prior to his role in Turquoise Hill, Mr. Salt, 38, worked for Rio
Tinto plc and Rio Tinto Limited ("Rio Tinto") for 15 years in a
variety of senior product group and corporate level commercial roles
including General Manager Business Development for Rio Tinto Limited
and Chief Financial Officer of the Rio Tinto Marine business.  
Mr. Salt holds a Bachelor of Commerce - Economics and Commercial Law
from the Curtin University of Technology in Perth, Australia. He has
completed the Investment and Risk Management in Shipping program at
the IMD Business School in Lausanne, Switzerland and the Rio Tinto
Business Leadership Development Program at Duke University. Mr. Salt
is a member of the Institute of Corporate Directors. 
About SouthGobi  
SouthGobi is listed on the Toronto and Hong Kong stock exchanges, in
which Turquoise Hill, also publicly listed in Toronto and New York,
has a 58% shareholding. Turquoise Hill took management control of
SouthGobi in September 2012 and made changes to the board and senior
management. Rio Tinto has a majority shareholding in Turquoise Hill. 
SouthGobi is focused on exploration and development of its
metallurgical and thermal coal deposits in Mongolia's South Gobi
Region. It has a 100% shareholding in SouthGobi Sands, the Mongolian
registered company that holds the mining and exploration licences in
Mongolia and operates the flagship Ovoot Tolgoi coal mine. Ovoot
Tolgoi produces and sells coal to customers in China.
Contacts:
Mongolia:
Altanbagana Bayarsaikhan
SouthGobi Sands LLC (Mongolia)
+976 70070710
Altanbagana.Bayarsaikhan@southgobi.com 
Hong Kong:
Joseph Lo, Brunswick Group (Hong Kong) +852 9850 5033
Joanna Donne, Brunswick Group (Hong Kong) +852 9221 3930
Email: southgobi@brunswickgroup.com
Website: www.southgobi.com