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Southern Cross Gold Secures C$120M to Accelerate Sunday Creek Development

6:03am on Monday 2nd of June, 2025 AEST Mining
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Southern Cross Gold Secures C$120M to Accelerate Sunday Creek Development

6:03am on Monday 2nd of June, 2025 AEST
Key Points
  • C$120 million private placement announced
  • Placement price set at C$4.50 per share and A$5.10 per CDI, reflecting discounts to recent trading prices
  • Funds earmarked for drilling, decline development, permitting, preliminary economic assessment, and exploration
  • Placement managed by Nicolaus Aitken Capital Partners, Stifel Canada, Mount Capital, and Jett Advisors
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