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Southern Cross Gold Nets C$88.8M to Boost Sunday Creek Development

3:03am on Monday 2nd of June, 2025 AEST Mining
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Southern Cross Gold Nets C$88.8M to Boost Sunday Creek Development

3:03am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised C$88.8 million through first tranche private placement
  • Issued 19.7 million common shares/CDIs at C$4.50 each
  • Funds allocated to drilling, decline development, and economic assessment
  • Second tranche of approximately C$54.3 million expected mid-May
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