HONG KONG, CHINA -- (Marketwire) -- 10/26/10 -- Alexander Molyneux, President and CEO of SouthGobi Resources Ltd. (TSX: SGQ)(SEHK: 1878), announced today that SouthGobi Resources has entered into an agreement with Aspire Mining Limited ('Aspire') (ASX: AKM) to acquire 105,726,650 common shares of Aspire in a private placement at a price of A$0.19
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