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Southern Cross Gold Consolidated Completes Acquisition, Prepares for Growth

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Southern Cross Gold Consolidated Completes Acquisition, Prepares for Growth

Mawson Resources ( (TSE:SXGC) ) has issued an update.

Southern Cross Gold Consolidated Ltd has successfully completed a scheme of arrangement through which it acquired all issued share capital of Southern Cross Gold Ltd, resulting in the issuance of common shares and CHESS Depositary Interests. This significant move positions the company for further growth with its globally significant Sunday Creek Gold-Antimony Project, supported by a robust treasury and strategic board changes.

More about Mawson Resources

Southern Cross Gold Consolidated Ltd operates in the mining industry with a focus on gold and antimony projects. The company is dual-listed on the Australian Securities Exchange (ASX) and the TSX Venture Exchange (TSXV).

YTD Price Performance: 1.86%

Average Trading Volume: 48,927

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$729.2M

Learn more about SXGC stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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