Mawson Resources to Fully Acquire Southern Cross Gold

Mawson Resources (TSE:MAW) has released an update.

Mawson Resources is set to acquire all remaining shares of Southern Cross Gold, making it a wholly owned subsidiary, and will undergo significant corporate restructuring including share consolidation, asset spin-off, and a board reshuffle. The changes aim to improve operational and corporate efficiency by creating a single dual-listed entity, with anticipated immediate benefits for shareholders of both companies.

For further insights into TSE:MAW stock, check out TipRanks’ Stock Analysis page.