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Southern Gold declares 3 Australian-cent maiden dividend

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Southern Gold declares 3 Australian-cent maiden dividend

Southern Gold Ltd. said June 6 that it declared a maiden dividend of 3 Australian cents per share, for a total of A$1.4 million.

The company said the unfranked special dividend, to be distributed in cash, shares or a combination of both, represent proceeds from the Cannon gold mine in Kalgoorlie, Western Australia.

The record date for the dividend is July 4.