Black Oak Minerals wishes to advise that there has been an amendment to the timetable for the change of the Company's trading name on ASX and associated ASX ticker code from SXG to BOK. ASX has now informed the Company that the change of name and ASX ticker cannot occur on ASX until after completion of the current share consolidation [...]
Southern Cross Goldfields is very pleased to advise that shareholders approved the name change at the Annual General Meeting held today.Commencing at market opening on Wednesday 3 December 2014, the Company code will change to BOK.Managing Director, David Sproule, commented that the new identity reflects the multi-commodity and national nature of [...]
Southern Cross Goldfields is pleased to advise that Mr David Sproule has assumed the position as Managing Director and Chief Executive Officer. Mr Sproule was appointed executive director on 8 September 2014 to focus on bringing the Company's projects into production over the next 12 month commencing with the Manuka Silver and Mt Boppy Mines [...]
Initiatives and transactions completed in the September Quarter fundamentally reshape Southern Cross Goldfields, leaving it in a much stronger financial position with a clear growth path. Acquisition of the Manuka Silver Project in central NSW and completion of the recapitalisation program together, provide a platform for growth that will see the [...]
Directors of Southern Cross Goldfields are proposing to change the name of the Company to Black Oak Minerals Limited recognising the increased diversity of its project portfolio and following recent organisation restructuring and renewal.The proposed name, derived from native flora located around the Company's projects in central NSW, reflects [...]
Southern Cross Goldfields advises that it has completed the last step in its recent capital raising process. 100,000,000 fully paid ordinary shares have been issued to TrailStone UK Limited at an issue price of 1 cent per share raising a total of $1 million. Upon the issue of the shares, TrailStone becomes a substantial shareholder of the Company [...]
Southern Cross Goldfields has received approval from the Western Australian Department of Mines & Petroleum (DMP) to proceed with development of its proposed Marda Gold Project. The Project, based on a 495,000 ounce gold Resource at 1.9 g/t and a 175,000 ounce Reserve at 2.3 g/t, is approximately 400 km north-east of Perth.The Project's [...]
The past twelve months have seen comprehensive renewal, restructuring and rebuilding for Southern Cross Goldfields. The Company has a new Board and management, enhanced assets, a vastly strengthened funding position, and a revised strategic plan that can deliver substantial returns for shareholders.The transition has been remarkable. SXG is poised [...]
Southern Cross Goldfields has completed the acquisition of the Wonawinta Silver Project - to be renamed the Manuka Silver Project after the pastoral property on which it is situated.The Manuka Silver Project has a 2 million ounce capacity process plant in place and a JORC Resource of some 60 million ounces of silver. It was acquired from the [...]
Southern Cross Goldfields has successfully raised approximately $1.5 million from shareholders through the Company's share purchase plan style entitlement offer, which closed on 10 September. Shareholders were invited to subscribe for up to $15,000 worth of shares at a price of 1 cent per share, with one free option attached to each two shares [...]
Managing Director, Frank Terranova, has concluded his tenure with the Company effective today.The Board thanks Frank for his commitment over the past two years during which he was instrumental in restructuring the Group and leading corporate development activities including the recently announced recapitalisation program.On completion of the [...]
Southern Cross Goldfields is to acquire the Wonawinta Silver Project in central NSW from the liquidators of Cobar Consolidated Resources. The acquisition includes the Wonawinta process plant and infrastructure built at a cost of more than $60 million with a production capacity in excess of 2 million ounces per year, a 60 million ounce silver JORC [...]
