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Southern Cross Gold Faces Trading Suspension Amid Acquisition

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Southern Cross Gold Faces Trading Suspension Amid Acquisition

The latest update is out from Southern Cross Gold Ltd. ( (AU:SXG) ).

The securities of Southern Cross Gold Ltd are set to be suspended from trading following the Supreme Court of New South Wales’ approval of a scheme of arrangement. This scheme allows Southern Cross Gold Consolidated Ltd to acquire all remaining shares of SXG, impacting the company’s market presence.

More about Southern Cross Gold Ltd.

YTD Price Performance: 5.51%

Average Trading Volume: 294,320

Technical Sentiment Consensus Rating: Sell

For a thorough assessment of SXG stock, go to TipRanks’ Stock Analysis page.

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