Annual Report to Shareholders
Perth, Sep 29, 2014 AEST (ABN Newswire) - The past twelve months have seen comprehensive renewal, restructuring and rebuilding for Southern Cross Goldfields (
ASX:SXG).
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 to enter the ranks of precious metals producers by December 2014 with operating cashflow to support ambitious growth plans.
The recent acquisition of the Manuka Silver Project (NSW), formerly known as Wonawinta, and introduction of the TrailStone Group as a cornerstone investor and financier, represents a step change in SXG's strategic development and gives the Company a real platform for growth.
To view the annual report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SXG-692817.pdf
Contact
Southern Cross Goldfields Limited
David Kinsman, Director
T: +61-8-9215-7600
F: +61-8-9215-7600
E: admin@scross.com.au
WWW: www.scross.com.au
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