CAPITAL MARKETS

Southern Cross leads the way on debut

VANCOUVER-based Mawson Gold has successfully completed the spin-out of its Australian gold assets as Southern Cross Gold, with a A$9.1 million initial public offer that was cornerstoned by institutions, family offices and directors.

Southern Cross leads the way on debut

The IPO was seeking $8-10 million at 20c per share, to top up a starting $2.2 million cash position, and saw the gold-antimony explorer list at a premium at 24c.    The stock traded between 20-24c...

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