Southern Cross Gold Ltd

Southern Cross Goldfields Ltd (ASX:SXG) has successfully raised approximately $1.5 million from shareholders through the Company's share purchase plan style entitlement offer, which closed on 10 September.

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.

Southern Cross Goldfields Ltd (ASX:SXG) is to acquire the Wonawinta Silver Project in central NSW from the liquidators of Cobar Consolidated Resources Limited (CCR).

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.

Southern Cross Goldfields Limited (ASX:SXG) is launching a share purchase plan style offer to raise funds for project developments, repay debt and to provide existing shareholders with the opportunity to participate in the future growth of the Company.

Southern Cross Goldfields Limited (ASX:SXG) announced in July that the company has secured a A$60 million debt package and a new cornerstone investor to fully fund its existing project pipeline and underpin future growth.

The focus of activity for Southern Cross Goldfields Limited (ASX:SXG) during the June Quarter was the negotiation of a landmark A$60 million debt package and the introduction of a new cornerstone investor to fully fund the company's existing project pipeline.

Southern Cross Goldfields Limited (ASX:SXG) is pleased to release the attached presentation to investors titled "Debt and Equity package to leave SXG fully funded for development". New cornerstone investor, TrailStone Group, backing SXG management team; A$60M development funding package secured; A$6 million capital raise in progress. A$3 million already committed.

Australian mining company, Southern Cross Goldfields Limited (ASX:SXG) has secured a A$60 million debt package and a new cornerstone investor to fully fund its existing project pipeline, leaving it ideally positioned to seize further expansion opportunities.

Southern Cross Goldfields Limited (ASX:SXG) (SXG),is pleased to announce that it has entered into an agreement to sell certain Mt Holland tenements to Convergent Minerals Limited (ASX:CVG),for A$200K. SXG remains focused on dealing with non-core assets in a manner that preserves and enhances value, and continues to assess further opportunities within its portfolio.