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Hang Seng
17,093.50
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39,023.71
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Nikkei 225
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7,747.81
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0.6617
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78.00
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2,163.90
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46.11
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109.15
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Hang Seng
17,093.50
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Dow Jones
39,023.71
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38,797.51
(-0.06%)
FTSE 100
7,747.81
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USD/AUD
0.6617
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71,640.19
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78.00
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2,163.90
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109.15
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Hang Seng
17,093.50
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Southern Cross Gold (ASX: $SXG) requests trading halt for capital raising announcement

  • Author: Stock Piper

Southern Cross Gold's trading halt request


Southern Cross Gold Limited (ASX: $SXG) has requested a trading halt for its ordinary shares on the Australian Securities Exchange (ASX) in relation to a capital raising announcement. The trading halt is expected to remain in place until the earlier of the commencement of normal trading on Thursday, 4 April 2024, or when the announcement regarding the capital raising is released to the market. The company's Company Secretary, Justin Mouchacca, provided the necessary information in accordance with ASX Listing Rule 17.1.

Company's reasoning for the trading halt


The trading halt has been requested to assist the company in managing its continuous disclosure obligations as it prepares to make an announcement to the market regarding the capital raising. The company expects to release the announcement before the commencement of normal trading on Thursday, 4 April 2024. The Company Secretary, Justin Mouchacca, stated that the company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.

Summary of Southern Cross Gold's trading halt request


Southern Cross Gold Limited (ASX: $SXG) has requested a trading halt in relation to a capital raising announcement. The company aims to manage its continuous disclosure obligations and expects to release the announcement before the commencement of normal trading on Thursday, 4 April 2024. The trading halt is in line with ASX Listing Rule 17.1, and the Company Secretary, Justin Mouchacca, has confirmed that the company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.

SOUTHERN CROSS GOLD LTD
SXG | ASX | Materials
2.56-0.04(-1.54%)
At close 05/07 (AEDT)
Market cap
$508.8M
Volume
106,960
DY Yield
0
PE Ratio
0
52 Week Range
0.39 - 3.49
1YR Return
N / A

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