Sthn Cross Call, Issue
Southern Cross Minerals, Ltd, will make a 50c call on its shares and a three for two cash issue. The directors told the Stock Exchange yesterday that they had received a favourable geologists’ report, and that the call of 50c, making the shares fully paid, would be payable on March 20. A cash issue at par of three 100 c ordinary shares for every two held by shareholders registered at 5 p.m. on March 21 would be payable at 20c on application and the balance at the discretion of the directors. Applications will close on April 30 and the shares will be ex rights on March 22.
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Bibliographic details
Press, Volume CX, Issue 32214, 5 February 1970, Page 15
Word Count
111Sthn Cross Call, Issue Press, Volume CX, Issue 32214, 5 February 1970, Page 15
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