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Southern Cross Gold Secures C$120M to Accelerate Sunday Creek Development
10:39am on Tuesday 29th of April, 2025 AEST
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Mining
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Southern Cross Gold Secures C$120M to Accelerate Sunday Creek Development
10:39am on Tuesday 29th of April, 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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Southern Cross Gold Consolidated (ASX:SX2)
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