Aug 13 (Reuters) - SouthGobi Resources Ltd SGQ.TO :
* CO WILL BE UNABLE TO ISSUE 2019 AUDITED ANNUAL RESULTS AND 2019 ANNUAL REPORT BY AUGUST 14, 2020 AS PREVIOUSLY ANTICIPATED
* AS OF DATE HEREOF, COMPANY HAS NOT ENTERED INTO A WRITTEN SETTLEMENT AGREEMENT WITH ONE OF AFOREMENTIONED KEY CREDITORS
* HAS NOT REACHED AN AGREEMENT WITH ITS MAJOR SHAREHOLDER IN RELATION TO AN AVENUE OF SUPPORT THAT IS ACCEPTABLE TO AUDITORS
* SOUTHGOBI RESOURCES - CO'S SALES VOLUME IN JULY 2020 WAS APPROXIMATELY 0.25 MILLION TONNE, REPRESENTING A 16% INCREASE FROM SALES VOLUME IN JUNE 2020.
* COMPANY HAS RESUMED MINING OPERATION SINCE AUGUST 2, 2020
* SOUTHGOBI -CONTINUES TO WORK WITH AUDITORS, PROVIDE THEM WITH EVIDENCE TO SUPPORT GOING CONCERN ASSUMPTIONS FOR CO'S 2019 FINANCIAL STATEMENTS