SXG 0.00% $2.99 southern cross gold ltd

$1.858 mill raised through Directors, management and...

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  1. 112 Posts.
    $1.858 mill raised through Directors, management and professional investors, bringing the total raised to $3.321 million, exceeding the $2 mill required by Trailstone as a pre-condition to funding. Gold price at AUD$1310, ticks another box. Presuming other undisclosed administrative conditions are met, the acquisition of Wonawinta is completed today, so another announcement should be imminent. David Sproule's commitment (an additional $1.2 mill) is a healthy indicator.
 
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