FilingReader Intelligence

SouthGobi Resources settles class action for C$6.8m

August 13, 2025 at 05:01 PM UTCBy FilingReader AI

SouthGobi Resources Ltd. has reached an agreement in principle to settle a class action lawsuit for C$6.8 million. The settlement, including all liabilities, legal fees, and administrative costs, will be covered by the company's insurers.

The agreement requires finalization, notice to class members, and Ontario Court approval by December 31, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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