Mawson's Australian Spinco 'Southern Cross Gold' Closes A$2.725M Private Placement

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Feb 03, 2022

VANCOUVER, BC / ACCESSWIRE / February 3, 2022 / Mawson Gold Limited ("Mawson") or (the "Company") (TSX:MAW, Financial)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce that further to its news release of November 23, 2021, its Australian spinout, Southern Cross Gold Pty Ltd ("Southern Cross"), has raised total gross proceeds of A$2.725 million through the issuance of 17,031,250 ordinary shares (the "Shares") at an issue price of A$0.16 (the "Issue Price") per Share (the "Private Placement").