• SouthGobi Resources will accept an approximately USD 7.1 million Mongolian tax penalty against wholly owned subsidiary Southgobi Sands without appealing.
• The subsidiary received the notice on October 23, 2026, following a Mongolian Tax Administration audit covering 2022–2023.
• The penalty concerns transfer pricing, unpaid taxes and corporate income and property taxes.
• Management reported no other apparent material adverse effect as of November 6, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SouthGobi Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202611060400ACCESSWRNAPR_____1248054) on November 06, 2026, and is solely responsible for the information contained therein.