Southern Cross Gold Ltd. (AU:SXG) has released an update.
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Southern Cross Gold Ltd. has received court approval to hold a shareholder meeting for a proposed scheme where Mawson Gold Ltd. will acquire all remaining shares of the company. Shareholders will receive new Mawson shares, ensuring they maintain their ownership proportion post-acquisition. The company encourages shareholders to review the Scheme Booklet and vote in the upcoming Scheme Meeting.
For further insights into AU:SXG stock, check out TipRanks’ Stock Analysis page.