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Court Greenlights Southern Cross Gold Takeover, SXG Shares to Suspend

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Court Greenlights Southern Cross Gold Takeover, SXG Shares to Suspend

7:03pm on Monday 2nd of June, 2025 AEST
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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