Perth - Southern Cross Goldfields (ASX:SXG) is reducing the minimum subscription amount in its current share purchase plan style entitlement offer from $5,000 to $1,000, in response to requests from small shareholders wishing to participate.
The Board also is extending the offer period by one week to 5:00pm (AEST) on 10t h September 2014, to provide shareholders additional time to complete their subscription.
The Board of Southern Cross thanks shareholders for their continued support and apologises for any inconvenience that may have been caused.
Eligible shareholders should read the Prospectus in full and seek professional advice if required, before deciding whether to participate in the offer.<
Important Dates
Record Date - 7:00pm (AEST) on Monday, 18 August, 2014 Shareholder Offer opens - 9:00am (AEST) on Wednesday, 20 August, 2014 Shareholder Offer closes - 5:00pm (AEST) on Wednesday, 10 September, 2014 New Share and Free Option Issue Date - Wednesday, 17 September, 2014 Quotation of New Shares - Wednesday, 17 September, 2014 Dispatch of holding statements - Wednesday, 17 September, 2014
Southern Cross may vary any of the above dates by lodging a revised timetable with the ASX.
About Southern Cross Goldfields Limited:
Southern Cross Goldfields Ltd. (ASX:SXG) is an Australian mining and exploration company that is on the move. Investors in SXG are exposed to a compelling combination of near-term cash flow and outstanding exploration potential in the gold sector.
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Perth - Southern Cross Goldfields (ASX:SXG) is reducing the minimum subscription amount in its current share purchase plan style entitlement offer from $5,000 to $1,000, in response to requests from small shareholders wishing to participate.
