Southern Cross Gold Upgrades TSX Listing, Gains Institutional Access
Southern Cross Gold Upgrades TSX Listing, Gains Institutional Access

Southern Cross Gold Upgrades TSX Listing, Gains Institutional Access

News summary

Southern Cross Gold has upgraded its listing from the Toronto Stock Exchange Venture (TSX-V) to the main Toronto Stock Exchange (TSX) as of July 2, 2025, reflecting its growth from a junior issuer to a more established company. This transition is expected to provide greater access to deeper capital markets, improved liquidity, and a broader institutional investor base, according to CEO Michael Hudson. The company, which is focused on advancing its Sunday Creek Gold-Antimony Project in Victoria, Australia, aims to attract increased institutional investment and potential index inclusion opportunities through this move. Hudson highlighted that institutional investors are showing increased interest in Tier 1 Western-domiciled antimony and gold assets, and the dual listing on the TSX and ASX offers enhanced trading flexibility. Financial data indicates Southern Cross Gold's net interest income was modest at C$0.12 million for the trailing twelve months ending February 2025, with no changes recorded in other working capital or net income from discontinued operations over the same period. Overall, the TSX listing marks a significant milestone in the company’s development and market positioning.

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