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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has issued an announcement.
Southern Cross Gold Consolidated Ltd. has received conditional approval to list its common shares on the Toronto Stock Exchange, transitioning from the TSX Venture Exchange. This move is expected to enhance the company’s market presence and provide greater access to capital markets. The listing aligns with Southern Cross Gold’s strategic focus on advancing its significant gold-antimony discovery at Sunday Creek, supported by strong technical fundamentals and a robust cash position. The project is strategically valuable due to its dual-metal profile and potential to supply antimony, a critical metal, to Western markets.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd. is a company engaged in the exploration and development of the Sunday Creek Gold-Antimony Project located in Australia. This project is notable for its significant gold and antimony discoveries, with a strategic dual-metal profile that is increasingly important due to global antimony supply constraints. The company is positioned as a potential key supplier of antimony in the Western world, supported by its inclusion in the US Defense Industrial Base Consortium and Australia’s legislative changes related to AUKUS.
Average Trading Volume: 537,224
Current Market Cap: A$1.88B
For detailed information about SX2 stock, go to TipRanks’ Stock Analysis page.