SX2 Begins Trading on Australian Stock Exchange

Southern Cross Gold Consolidated Ltd (SXGC), now trading on the Australian Stock Exchange (ASX) under the ticker symbol SX2, has launched its securities at 3.00pm AEDT on a deferred settlement basis. The company's shares will be available as CHESS Depositary Interests at a ratio of 1:1. This move comes after the completion of regulatory requirements and facilitates SXGC's acquisition of all remaining shares of Southern Cross Gold Ltd.

No funds were raised with this ASX listing. Key implementation dates include SXG share suspension on January 15, 2025, and SXGC CDIs starting normal trading on January 28, 2025. Michael Hudson, President & CEO, highlights that this dual listing enhances market access and flexibility in the Australian and Canadian markets.