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Southern Cross Gold Ltd. Finalizes Acquisition by Southern Cross Gold Consolidated Ltd.

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Southern Cross Gold Ltd. Finalizes Acquisition by Southern Cross Gold Consolidated Ltd.

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

Southern Cross Gold Ltd. has become a wholly owned subsidiary of Southern Cross Gold Consolidated Ltd. following the implementation of a scheme of arrangement. This move, which will result in the delisting of SXG shares from the ASX, sees shareholders receiving new CHESS Depository Interests or common shares in the parent company, reflecting a strategic consolidation within the mining sector.

More about Southern Cross Gold Ltd.

Southern Cross Gold Ltd. operates in the mining industry, focusing on gold exploration and production. The company is listed on the Australian Stock Exchange (ASX) under the code SXG.

YTD Price Performance: 0.0%

Average Trading Volume: 208,902

Technical Sentiment Consensus Rating: Sell

For detailed information about SXG stock, go to TipRanks’ Stock Analysis page.

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