Mr. Alexander Molyneux, the President of “South Gobi Energy Resource” and CFO Terry Krepiakevich met with Mr. Sodkhuu.R, Executive Director of MSE.

President Alexander Molyneux said that “South Gobi Energy Resource” interested in listing at MSE and offer its shares to public, setting an example for the fellow mining companies.

The company holds mining license of Ovoot Tolgoi coal deposit in Umnugobi aimag and it is listed at TSX, Canada. Its market capitalization is 1.7 billion USD. 85% of its total operation and investment is spent in Mongolia. If the company offers its share at the Mongolian Stock Exchange, it will the very first mining company that is listed in the foreign stock exchange.

“Euro Asia Capital Mongolia” Company cooperates with “South Gobi Energy Resource” in its listing at the Mongolian Stock Exchange. Its founder and CEO Alisher Ali Dzumanov also attended the meeting.