Southern Cross Gold Consolidated Ltd. announces that it has completed the scheme of arrangement with Southern Cross Gold Ltd. pursuant to which the Company has acquired all of the issued share capital of SXG in consideration of 125,041,031 common shares of the Company . In connection with the SXG Scheme, SXG shareholders were to receive the Scheme Consideration in the form of SXGC CHESS Depositary Interests quoted on the [...]
Southern Cross Gold announces that its securities will commence trading on the Australian Stock Exchange today at 3.00pm Australian Eastern Daylight Time on a deferred settlement basis, under the ticker symbol "SX2". The Shares of SX2 will be settled in the form of CHESS Depositary Interests at a ratio of 1:1. All regulatory matters have been dealt with and shortly the Scheme of Arrangement whereby SX2 will acquire all of [...]
Southern Cross Gold Consolidated is pleased to announce that earlier today the Supreme Court of New South Wales approved the scheme of arrangement with Southern Cross Gold, pursuant to which the Company will acquire 100% of the shares in SXG it does not already own. SXG intends to lodge the Court's orders approving the Scheme with the Australian Securities and Investments Commission tomorrow. Upon lodgement of orders with [...]