May 12 (Reuters) - SouthGobi Resources Ltd SGQ.TO :
* SOUTHGOBI ANNOUNCES DELAY OF FILINGS AND APPLICATION FOR A MANAGEMENT CEASE TRADE ORDER
* SOUTHGOBI RESOURCES - WILL NOT BE IN POSITION TO RENDER UNMODIFIED OPINION ON FINANCIAL STATEMENTS FOR YEAR ENDED DEC 31, 2019
* SOUTHGOBI RESOURCES - DELAYING FILINGS BECAUSE EXTERNAL AUDITORS HAVE NOT BEEN ABLE TO OBTAIN SUFFICIENT EVIDENCE TO SUPPORT GOING CONCERN ASSUMPTIONS
* SOUTHGOBI RESOURCES - WILL BE IN DEFAULT OF CONTINUOUS DISCLOSURE OBLIGATIONS UNDER APPLICABLE CANADIAN SECURITIES LAWS
* SOUTHGOBI RESOURCES - PLACED ON DEFAULTING ISSUERS LIST OF BRITISH COLUMBIA SECURITIES COMMISSION
* SOUTHGOBI RESOURCES - IF CO DOES NOT FILE REPORT ON OR BEFORE MAY 15, THAT TRADING IN SHARES ON HKEX WILL BE SUSPENDED AFTER MAY 15
* SOUTHGOBI RESOURCES LTD - TAKING ACTIVE STEPS TO ADDRESS GOING CONCERN ISSUES RAISED BY AUDITORS