BRIEF-Southgobi resources announces update on shareholder loan

Mon Apr 25, 2016 8:18am EDT
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April 25 (Reuters) - Southgobi Resources Ltd :

* Says announces update on shareholder loan due to Turquoise Hill Resources Ltd

* Says company had not repaid shareholder loan on April 22, 2016

* Says currently in discussions with Turquoise Hill for a new repayment plan of shareholder loan of us$3.4 million Source text for Eikon: Further company coverage: