Toronto Stock Exchange Venture-listed Southern Cross Gold Consolidated's acquisition of Southern Cross Gold (ASX:SXG) is now legally effective, according to a Wednesday filing with the Australian bourse.
As a result, Southern Cross Gold's shares have been suspended from trading since market close on the same day.
The scheme comprising the acquisition is expected to be implemented on Jan. 24. SXG shareholders will receive the consideration on Jan. 17.
Price (AUD): $3.45, Change: $-0.19, Percent Change: -5.22%
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