Southern Cross Gold Consolidated Issues 13,394 CDIs Following RSU Conversion

Shwetambri Chauhan

11 November 2026 05:29 PM AEDT

Southern Cross Gold Consolidated Issues 13,394 CDIs Following RSU Conversion

Image Source: Krish Capital Pty Ltd

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Southern Cross Gold Consolidated Ltd (ASX:SX2) has issued 13,394 new CHESS Depository Interests (CDIs), each representing a beneficial interest in one share of the company, following the conversion of Restricted Stock Units (RSUs), according to a filing dated November 11, 2026.

Key Points

Southern Cross Gold Consolidated issued 13,394 new CDIs representing a beneficial interest in 13,394 shares of the company.
The CDIs were issued for the conversion of Restricted Stock Units (RSUs).
The shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001.
The notice was given under section 708A(5)(e) of the Corporations Act 2001, as modified by ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180.

Section 708A Notice Details

The filing constitutes a notice given by Southern Cross Gold Consolidated Ltd (ARBN 681 229 854) under section 708A(5)(e) of the Corporations Act 2001, as modified by ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180. The company stated that the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act. The company also confirmed that, as at the date of the notice, there is no information that is "excluded information" within the meanings of sections 708A(7) and 708A(8) of the Corporations Act.

Regulatory Compliance Statements

As at the date of the notice, the company disclosed that it has complied with section 601CK of the Corporations Act as it applies to the company, and with sections 674 and 674A of the Corporations Act. The company is listed on the Toronto Stock Exchange under the ticker SXGC, on the ASX under SX2, and on the OTCQX marketplace under SXGCF. The filing states that the announcement was approved for release by the Board of Southern Cross Gold Consolidated Ltd.

CDI Issuance from RSU Conversion

The 13,394 CDIs issued by Southern Cross Gold Consolidated represent a beneficial interest in 13,394 shares of the company and were issued specifically in connection with the conversion of Restricted Stock Units. CHESS Depository Interests are the instrument through which the company's shares are traded on the ASX. The company is incorporated with Australian Registered Body Number 681 229 854 and maintains executive offices in Vancouver, Canada, and a subsidiary office in Melbourne, Australia. The filing was dated November 11, 2026.

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