tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Southern Cross Gold Issues New Securities to Boost Capital

Story Highlights
Southern Cross Gold Issues New Securities to Boost Capital

Elevate Your Investing Strategy:

Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) just unveiled an update.

Southern Cross Gold Consolidated Ltd has issued new securities under an institutional placement, including 5,005,000 CHESS Depository Interests and 426,638 shares to institutional and professional investors. This move is part of a strategic effort to raise capital, potentially impacting the company’s financial positioning and providing resources for future projects.

More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs

Southern Cross Gold Consolidated Ltd operates in the mining industry, focusing on the exploration and development of gold resources. The company is listed on the TSX Venture Exchange and the Australian Securities Exchange, indicating its active participation in both Canadian and Australian markets.

Average Trading Volume: 294,222

Current Market Cap: A$1.38B

For an in-depth examination of SX2 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1