Southern Cross Gold Ltd. (AU:SXG) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Southern Cross Gold Ltd. is encouraging shareholders to vote in favor of a proposed acquisition by Mawson Gold Limited, which aims to consolidate ownership of Southern Cross Gold. The scheme requires shareholder approval and is recommended by the company’s independent directors, provided no superior proposal emerges. Shareholders are advised to consult their advisers and review the scheme booklet for detailed information.
For further insights into AU:SXG stock, check out TipRanks’ Stock Analysis page.