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Mawson Receives Support for All Resolutions at the Annual General and Special Meeting and Reminds Investors the Pro-Rata Financing for Finland is Now Open
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About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Receives Support for All Resolutions at the Annual General and Special Meeting and Reminds Investors the Pro-Rata Financing for Finland is Now OpenNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.VANCOUVER, BC / ACCESSWIRE / December 7, 2023 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTCPINK:MWSNF) announces voting results at the Annual General and Special Meeting of Shareholders including shareholder approval of sale of Mawson Oy (Rajapalot). Mawson shareholders (the \"Shareholders\") voted in favor of all resolutions.Additionally, the Company reminds all Mawson shareholders that the Springtide private placement financing of approximately C$15 million (the \"Springtide Financing\"), is now open on a pro-rata basis to Mawson shareholders.Highlights:Shareholders voted in favour of all resolutions at the Annual General and Special Meeting of Shareholders held on Thursday, December 7, 2023, in Vancouver, British Columbia (the \"Meeting\"),This includes voting in favour of a special resolution to approve the proposed sale (the \"Springtide Transaction\") of all of the issued shares and inter-company debt of its wholly-owned Finnish subsidiary, Mawson Oy, which holds the Rajapalot gold-cobalt resource base in Finland, for total consideration of C$6,500,000, to Springtide Capital Acquisitions 7 Inc. (\"Springtide\")Additionally, the Company reminds all accredited Mawson shareholders that the Springtide Financing of approximately C$15 million is open. Shareholders are invited to participate on a pro-rata basis of 1 Springtide Share at C$1.00/share for every 20 common shares of Mawson.Shareholders who wish to participate in the Springtide Financing are encouraged to contact Mr. Neil MacRae at 1.778.999.4653 or [email protected] with evidence of their shareholdings in Mawson as soon as possible.Mawson's Executive Chairman Mr. Michael Hudson, Ms. Noora Ahola, CEO, and Mr. Neil MacRae, Director of Mawson, presented the overall strategy and rationale behind the Springtide Transaction in the video here.Michael Hudson, Mawson Executive Chairman, states: \"We thank shareholders for supporting the Rajapalot transaction at our annual general and special meeting of...