Australia's Southern Cross Gold rises in market debut
16/05/2022 06:13
** Shares of Southern Cross Gold SXG.AX rise as much as
20% to A$0.240 in ASX debut
** The precious and base minerals explorer raises A$9.1
mln($6.27 mln) in an initial public offering at A$0.20 per share
** Says SXG is now well funded to advance the evaluation and
assessment of gold-antimony portfolio, including its Sunday
Creek Project in Victoria
** About 1.8 mln shares trade hands
($1 = 1.4518 Australian dollars)
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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