April 24 (Reuters) - SouthGobi Resources Ltd SGQ.TO :
* Update on Turquoise Hill shareholder loan
* Company had not repaid the shareholder loan on April 22, 2016
* Says "there is no assurance that the repayment plan will be favorable to
SouthGobi"
* Currently in discussions with Turquoise Hill for new repayment plan of
shareholder loan which has outstanding loan principal of US$3.4 million
* Says SouthGobi believes it will be able to reach such a new repayment plan
with Turquoise Hill
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