Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>For the month of July 2024, 11 new transactions (firm and non-binding) were discussed on Smartkarma with an overall announced deal size of ~US$10bn.</li>
<li>The average premium for the new transactions announced (or first discussed) in July was ~31%. The average premium YTD is ~44%.</li>
<li>This compares to the average premium for transactions in 2023 (117 transactions), 2022 (106), 2021 (165), 2020 (158), and 2019 (145 ) of 39%, 41%, 33%, 31%, and 31% respectively.</li>
</ul>


For the month of July 2024, 11 new transactions (firm and non-binding) were discussed on Smartkarma with an overall announced deal size of ~US$10bn.
The average premium for the new transactions announced (or first discussed) in July was ~31%. The average premium YTD is ~44%.
This compares to the average premium for transactions in 2023 (117 transactions), 2022 (106), 2021 (165), 2020 (158), and 2019 (145 ) of 39%, 41%, 33%, 31%, and 31% respectively.


(Mostly) Asia M&A, July 2024: Canvest, Furukawa, Arvida, Advanced Info, Sermsuk, Thaicom

<ul>
<li>On the 11th June, <strong><a href="https://www.smartkarma.com/entities/southern-cross-gold-limited" target="_blank" data-smartkarma-citation="entities:36552:1" rel="noopener">Southern Cross Gold (SXG AU)</a></strong> announced a proposed merger with <strong><a href="https://www.smartkarma.com/entities/mawson-gold-ltd" target="_blank" data-smartkarma-citation="entities:43369:1" rel="noopener">Mawson Gold (MAW CN)</a>.</strong> It's a novel approach to dual-list both companies in Australia and Canada.. </li>
<li>MAW intends to divest all its non-SXG assets, and reduce its shares out to mirror shares held in SXG. Then issue new shares to SXG shareholders on a one-for-one basis.</li>
<li>Terms are now firmed for what the media calls a "reverse spin-out", with a Scheme Meeting expected in October, and potential implementation late-October/early-November.</li>
</ul>


On the 11th June, Southern Cross Gold (SXG AU) announced a proposed merger with Mawson Gold (MAW CN). It's a novel approach to dual-list both companies in Australia and Canada.. 
MAW intends to divest all its non-SXG assets, and reduce its shares out to mirror shares held in SXG. Then issue new shares to SXG shareholders on a one-for-one basis.
Terms are now firmed for what the media calls a "reverse spin-out", with a Scheme Meeting expected in October, and potential implementation late-October/early-November.


Southern Cross Gold (SXG AU)/Mawson (MAW CN): Hybrid Dual-Listing

Director, RaaS Research Group, Research as a Service (RaaS)

RaaS Research Group (RaaS)

Director, RaaS Research Group

Insightful Financial Models and Research Analysis

Research as a Service (RaaS)

Connect to the right investors through smart and insightful financial models and research analysis.

Equity Bottom-Up

<ul><li>Southern Cross Gold Ltd (ASX:SXG) is an ASX-listed gold and critical metals company with three projects in the Victorian goldfields and one in Mt Isa, Queensland.</li><li>The company’s flagship project Sunday Creek is an epizonal gold-antimony deposit with antimony a critical metal used across the semi-conductor, defence and energy sector, in particular in lithium ion battery production.</li><li>SXG listed on the ASX in May 2022 after raising $9.093mn at $0.20/share in an initial public offering to give a market capitalisation at listing of $31.25mn. </li></ul>

Southern Cross Gold Ltd (ASX:SXG) is an ASX-listed gold and critical metals company with three projects in the Victorian goldfields and one in Mt Isa, Queensland.The company’s flagship project Sunday Creek is an epizonal gold-antimony deposit with antimony a critical metal used across the semi-conductor, defence and energy sector, in particular in lithium ion battery production.SXG listed on the ASX in May 2022 after raising $9.093mn at $0.20/share in an initial public offering to give a market capitalisation at listing of $31.25mn. 

Southern Cross Gold Ltd - Leading the Renaissance in the Victorian Goldfields

Australia

Southern Cross Gold Limited provides exploration and mining services. The Company explores and develops gold and base metal projects. Southern Cross Gold serves customers worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Southern Cross Gold (SXG AU)

(Mostly) Asia M&A, July 2024: Canvest, Furukawa, Arvida, Advanced Info, Sermsuk, Thaicom

The average premium for the new transactions announced (or first discussed) in July was ~31%. The average premium YTD is ~44%.

David Blennerhassett