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Court Greenlights Southern Cross Gold Takeover, SXG Shares to Suspend

11:27am on Tuesday 14th of January, 2025 AEDT Mining
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Court Greenlights Southern Cross Gold Takeover, SXG Shares to Suspend

11:27am on Tuesday 14th of January, 2025 AEDT
Key Points
  • Supreme Court of NSW approves Southern Cross Gold takeover scheme
  • Southern Cross Gold Consolidated Ltd to acquire 100% of SXG shares
  • Scheme becomes effective upon ASIC lodgement on 15 January 2025
  • SXG shares to be suspended from ASX trading post-approval
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