BRIEF-Southgobi Resources, Turquoise Hill enter deferral agreement for a shareholder loan

Mon May 16, 2016 7:21am EDT
 
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May 16 (Reuters) - Southgobi Resources Ltd

* Co, turquoise hill resources entered deferral agreement for a shareholder loan granted by turquoise hill

* Co, turquoise hill resources entered into deferral for shareholder loan granted by turquoise hill for $3.4 million loan

* Agreed to effect monthly repayments on last business day of each month of us$0.15 million per month starting on may 31, ending april 28, 2017

* Agreed to effect monthly repayments us$0.2 million per month starting on may 31, 2017 and ending on december 29, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)