Southern Gold completes Cambodian divestment

February 8, 2016

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ASX-listed Southern Gold has completed the divestment of its Cambodian subsidiary Southern Gold Asia, allowing the company to focus its efforts on its Cannon gold mine, in Western Australia.

In June of last year, Southern Gold entered into a restructuring agreement with its unlisted joint venture (JV) partner Mekong Minerals, allowing for the transfer of Southern Gold Asia in exchange for a free carried interest and royalty.

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