SOUTHERN GOLD LIMITED

Type: Company
Name: SOUTHERN GOLD LIMITED
First reported Sep 01 2014 - Updated 17 hours ago - 5 reports

Southern Gold to continue development of Cannon Gold with Metals X

Sep 1, 2014 - 22:41 GMTSouthern Goldwww.southerngold.com.au/Southern Gold (ASX:SAU) is focussed on gold, nickel and base metal exploration in Australia and Cambodia.Southern Gold to continue development of Cannon Gold with Metals XTuesday, September 02, ... [Published Gold Industry Today - 17 hours ago]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Southern Gold and Silver Lake Resources agree to extend Pre-Emptive right period to 29 August 2014

Release date- 22082014 - Southern Gold Ltd (ASX: SAU) announced on the 4 August 2014 , that it has secured a near-term development pathway for its Cannon Gold Project , located 30km from Kalgoorlie in WA, after signing a non-binding term sheet with Metals ... [Published 4 Traders - Aug 26 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

‘Those Guys’ team up for events on Southern Gold Coast

With health and fitness playing a big part in the way of life, Southern Gold Coast’s latest business feature is on Chris Van Hoot and Matt Judd from ‘Those Guys Events’.Their passion for sport and adventure is bringing new events to the Southern Gold ... [Published Get Living - Aug 25 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Southern Gold extends pre-emptive right decision for Cannon Gold project

Southern Gold www.southerngold.com.au/Southern Gold (ASX:SAU) is focussed on gold, nickel and base metal exploration in Australia and Cambodia. Tweet Email Email to a friend: Send Friday, August 22, 2014 by Proactive Investors Southern Gold waits on Silver ... [Published Proactive Investors Australia - Aug 22 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Premium Rainbow Bay Location with Ocean &...

Begin living the Rainbow Bay lifestyle this Summer in your very own three bedroom unit at the top of Point Danger.Lovingly cared for, the second floor unit has had just one owner and occupies one of the most envious positions on the Southern Gold Coa ... [Published Daily News - Aug 20 2014]
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

Chaos on Gold Coast roads as heavy rain hits

RAIN EVENT: Napper Road, Arundel Parkway (Saturday) IMAGE: Tania CoulterTHE Gold Coast is being drenched by the heaviest rain seen in months, with widespread falls of up to 50mm expected to fall across the coast this weekend.As forecast, the rain started ... [Published MyGC.com.au - Aug 16 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Metals X : to Mine the Cannon Resource with Southern Gold

PRESS RELEASE4 AUGUST 2014METALS X TO MINE THE CANNON RESOURCE WITH SOUTHERN GOLDThe Board of Metals X is pleased to advise that it has reached agreement with Southern Gold on the terms of a mining and profit share agreement to enable Southern's Cannon ... [Published 4 Traders - Aug 15 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 1 reports

More No. 1’s on southern Gold Coast

:21Another Southern Gold Coast business has been named number one by leading review site, TripAdvisor – this time, for the number one burger in Australia.Burger Me Fresh, located at Airport Central on the Gold Coast Highway at Bilinga, has taken out ... [Published Get Living - Aug 12 2014]
First reported Aug 06 2014 - Updated Aug 06 2014 - 1 reports

Southern Gold Sets Development Pathway for Cannon Gold Project through agreed Term Sheet with Metals X

Release date- 05082014 - Southern Gold Ltd (ASX: SAU) is pleased to advise that it has secured a near-term development pathway for its Cannon Gold Project , located 30km from Kalgoorlie in WA, after signing an non-binding term sheet with Metals X (ASX: ... [Published 4 Traders - Aug 06 2014]
First reported Aug 04 2014 - Updated Aug 05 2014 - 4 reports

SAU Cannon Gold Project - Finance and Development Term Sheet

Southern Gold Sets Development Pathway for CannonGold Project through agreed Term Sheet with Metals XTeams up with experienced mining company to develop Kalgoorlie depositASX Code: SAU Issued Shares: 386M ABN: 30 107 424 519 Greg Boulton AM Nanette Anderson ... [Published Noodls - Aug 05 2014]
First reported Aug 04 2014 - Updated Aug 04 2014 - 1 reports

Future brightens for Cannon gold...

SHARES in Southern Gold were up 11% today with the signing of a mine finance and profit term sheet with Metals X for Southern’s Cannon gold project in Western Australia. ... [Published MiningNewsPremium.net - Aug 04 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Airport expansion on the radar

Gold Coast Airport could be redeveloped into a thriving transport hub. Source: News LimitedTHE southern Gold Coast is set to become the city’s economic gateway under a plan to turn the airport into a major business centre.The Gold Coast City Council ... [Published Gold Coast-Australia - Jul 28 2014]

Quotes

"Importantly, Metals X has agreed to provide us with pre-development funding, which in turn minimises dilution of existing shareholders in the current market environment."
The signing of the Mine Finance and Profit Share term sheet ( "Term Sheet') triggered the pre-emptive right held by Silver Lake Resources Limited (ASX: SLR - 'Silver Lake'), which is a right to match or better any third party offer to purchase, treat or sell ore or dore derived from the Cannon Gold deposit or the purchase of the resource mining lease."
"This is an innovative deal where Metals X will share the risk and reward from mining the resources. It gives Southern Gold an opportunity to become a producer without having to tap a very difficult equity and debt market for funding. Importantly, by structuring in a way whereby the mining, processing and management of the operations is at cost (with subsequent profit sharing from returns) it presents an opportunity for both parties to maximize the exploitation of the resource."
"This is a great outcome for Southern Gold , as it provides a pathway for us to make the transition from gold explorer to gold producer with much lower project risk in partnership with an experienced mining company" she said. 'Importantly, Metals X have agreed to provide us with pre-development funding, which in turn minimises dilution of our existing shareholders...

More Content

All (21) | News (21) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Southern Gold to continue development of Cannon... [Published Gold Industry Today - 17 hours ago]
Southern Gold to continue development of Cannon... [Published Proactive Investors Australia - Sep 01 2014]
Silver Lake waives right to Cannon paves way fo... [Published Canada Standard - Sep 01 2014]
SOUTHERN GOLD: CLEAR PATH TO CANNON GOLD PROJEC... [Published Mining Business Media - Sep 01 2014]
Silver Lake waives right to Cannon, paves way f... [Published Mining Weekly - Sep 01 2014]
Southern Gold and Silver Lake Resources agree t... [Published 4 Traders - Aug 26 2014]
‘Those Guys’ team up for events on Southern Gol... [Published Get Living - Aug 25 2014]
Southern Gold extends pre-emptive right decisio... [Published Proactive Investors Australia - Aug 22 2014]
Premium Rainbow Bay Location with Ocean &... [Published Daily News - Aug 20 2014]
Chaos on Gold Coast roads as heavy rain hits [Published MyGC.com.au - Aug 16 2014]
Metals X : to Mine the Cannon Resource with Sou... [Published 4 Traders - Aug 15 2014]
More No. 1’s on southern Gold Coast [Published Get Living - Aug 12 2014]
Southern Gold Sets Development Pathway for Cann... [Published 4 Traders - Aug 06 2014]
Market Wrap: ASX lower and rates on hold [Published Finance News Network - Aug 05 2014]
SAU Cannon Gold Project - Finance and Developme... [Published Noodls - Aug 05 2014]
METALS X: 50-50 DEAL TO ADVANCE SOUTHERN GOLD MINE [Published Mining Business Media - Aug 05 2014]
Metals X to mine with Southern Gold [Published Finance News Network - Aug 05 2014]
Future brightens for Cannon gold... [Published MiningNewsPremium.net - Aug 04 2014]
Metals X Limited (ASX:MLX) to Mine the Cannon R... [Published Individual.com - Aug 04 2014]
Airport expansion on the radar [Published Gold Coast-Australia - Jul 28 2014]
988m2 Boutique Coolangatta Residence with... [Published Daily News - Jul 24 2014]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.