Southern Cross Gold (ASX:SX2) has been approved to trade on the Toronto Stock Exchange (TSX) as of market open Wednesday 2 July, immediately delisting from its previous platform, Toronto Stock Exchange Venture (TSX-V).
This shift represents the platform’s recognition of the company as it moves away from junior issuing to be listed on the primary market with senior issuers.
CEO Michael Hudson says the Southern Cross’ graduation to the main TSX board will allow it access to “deeper capital markets, improved liquidity, and a broader institutional investor base,” signifying a milestone for the company.
“TSX-listed companies are viewed as more established investment opportunities, and this graduation opens the door to enhanced institutional investment and potential index inclusion opportunities,” Hudson says.
“Institutional investors are increasingly focused on Tier…
