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Southern Cross Gold Secures C$24.4M to Propel Sunday Creek Project

1:59am on Monday 2nd of June, 2025 AEST Mining
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Southern Cross Gold Secures C$24.4M to Propel Sunday Creek Project

1:59am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised C$24.4 million via final tranche of private placement
  • Issued over 5.4 million common shares and CDIs at C$4.50 each
  • Funds earmarked for drilling to establish inferred resource by Q1 2027
  • Development of decline and preliminary economic assessment planned
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