SXG southern cross gold ltd

''Smoke and mirrors'' comes to mind cowboy.What does MAW bring...

  1. 4,883 Posts.
    lightbulb Created with Sketch. 373
    ''Smoke and mirrors'' comes to mind cowboy.
    What does MAW bring to the table apart from some exploration in Sweden.

    Mawson to divest all assets other than its SXG shares and to reduce its number of shares to the
    number of shares that it owns in SXG;



    Didn't they already distribute these shares to MAW shareholders?

    ''Mawson will consolidate the number of Mawson Shares on issue (305,045,320) to be
    equal to the number of SXG Shares (96,590,910) that it currently owns (subject to rounding). Under the
    Transaction Mawson will then offer to purchase SXG Shares on the basis of a 1:1 exchange ratio for new
    Mawson Shares, so that current holders of SXG (other than Mawson) will own approximately 50.4% of issued
    combined company shares following completion of the Transaction.''





 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.