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Darren Morcombe and Springtide Capital Acquire Major Stake in Southern Cross Gold

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Darren Morcombe and Springtide Capital Acquire Major Stake in Southern Cross Gold

Southern Cross Gold Ltd. ( (AU:SXG) ) has provided an announcement.

Southern Cross Gold Ltd has announced that Darren James Morcombe, along with Springtide Capital Pty Ltd, has become a substantial holder of the company’s shares as of December 19, 2024. This acquisition provides Morcombe a 10.22% voting power in the company, potentially influencing its strategic decisions and reflecting a significant investment move that could affect the company’s future operations and market positioning.

More about Southern Cross Gold Ltd.

YTD Price Performance: 2.61%

Average Trading Volume: 299,521

Technical Sentiment Consensus Rating: Sell

For detailed information about SXG stock, go to TipRanks’ Stock Analysis page.

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