[BREAKING: OT receives written tax decision, to update market after detailed review]

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Monday, September 15, 2014

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Turquoise Hill Says Oyu Tolgoi Gets Decision From Tax Authority

By Divya Balji

Sept. 15 (Bloomberg) -- Turquoise Hill Resources says Oyu Tolgoi has received written notice from Mongolian Tax Authority on pending tax act.

* Oyu Tolgoi will translate notice, review in detail, evaluate implications

* NOTE: Sept. 12, Mongolia Tax Claim Cut for TRQ May Lead to Phase II Study: BMO

(BFW)

 

Oyu Tologi Receives Decision From Mongolian Tax Authority

VANCOUVER, BC--(Marketwired - September 15, 2014) - Turquoise Hill Resources (NYSE:TRQ) (NASDAQ: TRQ) (TSX: TRQ) announced that today Oyu Tolgoi has received a written decision from the Mongolian Tax Authority on the pending tax act. Following translation of the ruling, Oyu Tolgoi will review it in detail and evaluate the implications of the decision.

Turquoise Hill will update the market in due course.

Link to release