SGQ SouthGobi Resources Ltd

John Macken, Chairman of SouthGobi Energy Resources (TSX VENTURE:SGQ), today
announced the appointment of the Right Honourable Jean Chretien, the 20th Prime
Minister of Canada, as senior international adviser to the company.


Mr. Chretien has been active in Canadian and global development circles as a
lawyer with the Canada-based international law firm, Heenan Blaikie, since
retiring as Prime Minister and leader of the Liberal Party of Canada in 2003. He
entered national politics in 1963 and served three terms as Prime Minister of
Canada between 1993 and 2003.


During his long parliamentary career, Mr. Chretien held a succession of senior
cabinet posts in the Canadian Government, including Minister of Finance,
Minister of Justice and Attorney General, Minister of Energy, Mines and
Resources and Minister of Industry, Trade and Commerce.


"Jean Chretien was instrumental in advancing relationships between many Canadian
businesses and rapidly industrializing China and its neighbour nations through
his hands-on, prime ministerial leadership of a series of successful Team Canada
trade development missions," said Mr. Macken.


"He helped Canadians realize the promise of their destiny as a Pacific Rim
nation founded in part on Canada's history as a central link in the maritime
Silk Road that connected Asia with the Americas and Europe. SouthGobi Energy has
built and is operating a coal mine in Mongolia and is developing another coal
mine in Indonesia. We believe that Mr. Chretien's experience and knowledge will
be a prime asset in assisting the Ivanhoe companies to continue to build their
businesses through opportunities that will be encountered in the energy and
mineral resource sectors around the world during what is becoming the Asian
Century."


SouthGobi Energy Resources is focused on exploration and development of its
Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi
Region and its Eocene-age metallurgical and thermal coal deposits in East
Kalimantan, Indonesia. The company is selling coal to customers in China from
its flagship Ovoot Tolgoi coal mine in southern Mongolia. The company also plans
to supply a wide range of coal products and electricity to markets in Asia.
SouthGobi, a subsidiary of Ivanhoe Mines, is listed on the TSX-Venture exchange
under the symbol SGQ.


Mr. Chretien will provide advisory services to Ivanhoe Capital Corporation's
affiliates through a contract with Global Mining Management, a private service
company based in Vancouver, Canada. Global Mining is jointly owned by several
companies, including: SouthGobi Energy Resources Ltd., its parent company
Ivanhoe Mines Ltd. and its sister subsidiary, Ivanhoe Australia Ltd.; as well as
Ivanhoe Energy Inc. and the privately-held Ivanhoe Nickel & Platinum Ltd.


Forward-Looking Statements: This document includes forward-looking statements.
Forward-looking statements include, but are not limited to, the company's future
ability to supply coal products and electricity to markets in Asia, and other
statements that are not historical facts. When used in this document, the words
such as "could", "plan", "estimate", "expect", "intend", "may", "potential",
"should", and similar expressions are forward-looking statements. Although
SouthGobi Energy Resources believes that the expectations reflected in these
forward-looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements are
disclosed under the heading "Risk Factors" in SouthGobi Energy's Management's
Discussion and Analysis of Financial Condition and Results of Operations for the
three months ended March 31, 2009, which is available at www.sedar.com.

SouthGobi Resources (TSXV:SGQ)
Historical Stock Chart
Von Mai 2024 bis Jun 2024

SouthGobi Resources (TSXV:SGQ)
Historical Stock Chart
Von Jun 2023 bis Jun 2024