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SouthGobi Resources announces first quarter 2021 financial and operating results


SouthGobi Resources announces first quarter 2021 financial and operating results
Nachrichtenquelle: globenewswire
 |  14.05.2021, 10:58  | 
51 
HONG KONG, May 14, 2021 (GLOBE NEWSWIRE) SouthGobi Resources Ltd. (
Toronto Stock Exchange (“TSX”): SGQ, Hong Kong Stock Exchange (“HKEX”): 1878) (the Company or “SouthGobi”)
today announces its financial and operating results for the three months ended March 31, 2021. All figures are in U.S. dollars (“USD”) unless otherwise stated.
Significant Events and Highlights
The Company’s significant events and highlights for the three months ended March 31, 2021 and the subsequent period to May 14, 2021 are as follows:
Operating Results – The Company’s sales volume increased from 0.2 million tonnes in the first quarter of 2020 to 0.6 million tonnes in the first quarter of 2021. The ....

United Kingdom , Hong Kong , Inner Mongolia , Nei Mongol , Weiguo Zhang , Munkhbat Chuluun , Ovoot Tolgoi , Ejin Jinda , Tao Zhang , Zag Suuj , Management Of The Company , Bank Loan , Mineral Resource Authority Of Mongolia , Rio Tinto , Coal Division , Administrative Court , Listing Committee , Mongolian State Emergency Commission , While The Company , Company Inner Mongolia , China Mongolia Coal Co , China Investment Corporation , Mongolian Minerals Law , Mongolian Parliament , International Accounting Standards Board , Ontario Court ,

Relief at Last for Qualified Opportunity Zone Businesses with Pre-Pandemic Working Capital Safe Harbor Plans | Seyfarth Shaw LLP


Revisions to or Replacements of Working Capital Safe Harbor Plans
Although the final Treasury regulations, Notice 2021-10, and Notice 2020-39 helpfully provide a QOZB with an additional 24 months (on top of the existing 31-month deployment allowance for any single infusion of cash into a QOZB) to expend its working capital assets in light of the COVID-19 pandemic, they do not exempt the QOZB from the requirement that it must do so in a manner substantially consistent with the original, pre-disaster written plan. As we noted
here at the time of the publication of the pandemic relief for QOFs and QOZBs, given that many such vehicles were formed to facilitate investment in business sectors heavily disrupted by the pandemic, the failure to expressly allow written plan revisions to adapt to the effects of the pandemic was a serious hole in the otherwise favorable IRS pandemic guidance for QOFs and QOZBs, and left many advisors hoping that their clients could make such revision ....

United States , Revenue Service , Department Of Treasury , Seyfarth Synopsis , Internal Revenue Code , Internal Revenue Service , Working Capital Safe Harbor , Proposed Regulations , Federal Register , Qualified Opportunity , Deferral Election , Internal Revenue , Deferral Agreement , ஒன்றுபட்டது மாநிலங்களில் , வருவாய் சேவை , துறை ஆஃப் கருவூலம் , ஸேஃபார்த் சுருக்கம் , உள் வருவாய் குறியீடு , உள் வருவாய் சேவை , வேலை மூலதனம் பாதுகாப்பானது துறைமுகம் , ப்ரபோஸ்ட் ஒழுங்குமுறைகள் , கூட்டாட்சியின் பதிவு , தகுதி வாய்ப்பு , உள் வருவாய் ,