Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - May 28, 2025) - Southern Cross Gold Consolidated Ltd (TSXV: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) ("SXGC", "SX2" or the "Company") announces results from eight diamond drill holes from the Rising Sun and Golden Dyke and Christina prospects, at the 100%-owned Sunday Creek gold-antimony project in Victoria (Figure 7).Five Key PointsSDDSC161, drilled to infill mineralization with a 27 m up-dip extension at Rising Sun, hosts the se ...

Core Insights - Fortuna Mining Corp. has reported strong exploration results from the Diamba Sud Gold Project in Senegal, particularly from the Southern Arc prospect, indicating significant potential for near-term resource growth [2][4][12]. Exploration Highlights - Recent drilling at the Southern Arc prospect yielded notable intercepts, including 8.6 g/t gold over an estimated true width of 13.6 meters in hole DSR906 and 9.3 g/t gold over 11.8 meters in hole DSDD404 [2][3]. - Infill drilling at Areas A, D, and Karakara returned highly encouraging results, with a standout intercept of 113.7 g/t gold over 6.4 meters in hole DSDD385 at Area D [2][9]. - The exploration program at Southern Arc included 38 reverse circulation and diamond core drill holes totaling 4,210 meters, successfully intersecting multiple zones of mineralization [3][4]. Geological Context - Mineralization at Southern Arc is hosted within hematite-altered tectonic breccia, occurring as stockworks or discrete veins, consistent with other prospects across the Diamba Sud Project [4][19]. - The geological complexity of the area is characterized by intercalated tectonic breccias, carbonate metasediments, and granitic and dioritic intrusive units, with mineralization associated with various vein arrays [17][19]. Resource Update Potential - The results from the recent drilling campaigns will be incorporated into the forthcoming resource update for the Diamba Sud Project, highlighting the potential for future resource expansion, particularly in Area A [12][13]. - Several drill holes intersected mineralization adjacent to the currently proposed open pit boundaries, indicating further resource growth potential [12][13]. Additional Prospects - Exploration drilling at the Moungoundi and Moungoundi North prospects was completed, with a total of 85 drill holes for 9,472 meters, significantly improving the understanding of this geologically complex area [15][17]. - The Western Splay deposit also underwent a drilling program with 24 drill holes totaling 2,531 meters, designed to test extensions and perform select infill [18][19].

Southern Company (SO) , a prominent entity in the U.S. utilities sector, plays a crucial role in the generation, transmission and distribution of electricity. Through its subsidiaries, the company provides electricity to millions of customers across Georgia, Alabama and Tennessee. Its diverse energy portfolio includes power generation from nuclear, coal, hydro, solar, wind and advanced battery storage.Focused on embracing the future of energy, Southern is investing heavily in natural gas, renewable resource ...

Financial Data and Key Metrics Changes - Southern Company reported strong financial results for FY 2024, with significant investments in infrastructure and a commitment to delivering clean, safe, reliable, and affordable energy [44][45] - The company approved an 8¢ per share increase in its annual common stock dividend, marking the 78th consecutive year of dividend payments equal to or greater than the previous year [53] Business Line Data and Key Metrics Changes - The regulated electric utilities invested nearly $4 billion in transmission and distribution infrastructure across Alabama, Georgia, and Mississippi [46] - Southern Power expanded its operational footprint to 15 states with the commercial operation of its 30th solar site [46] Market Data and Key Metrics Changes - The economic development pipeline from large electricity load customers represents over 50 gigawatts of potential incremental load by the mid-2030s, driven by robust economic development in the Southeastern service territory [47] - Average annual sales growth is projected at approximately 8% from 2025 through 2029, an increase of 2% from prior long-term sales growth expectations [48] Company Strategy and Development Direction - Southern Company is focused on sustainability and innovation, exploring solutions such as carbon capture, advanced nuclear technologies, renewable natural gas, and energy storage [49] - The company aims to enhance its grid resilience and efficiency through investments in advanced technologies and distributed energy resources [75][76] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to meet future energy demands while maintaining affordability for customers [49][81] - The company is prepared for challenges posed by climate-related events and is committed to improving customer experience through energy efficiency programs [70][72] Other Important Information - Southern Company faced significant challenges during FY 2024, including responding to Hurricane Helene, which required rebuilding sections of the power grid [51] - The company emphasized its commitment to transparency and sound governance in response to shareholder proposals regarding fossil fuel investments and civil liberties [22][34] Q&A Session Summary Question: How are members of the board of directors selected for nomination? - Stockholders may nominate a person for election as a director if they own at least 3% of outstanding shares for three years [56] Question: Why do we give shares to executives and directors? - The compensation structure aligns executive interests with stockholders, and equity compensation has a minimal dilutive effect [58][59] Question: Will Southern Company include scope three emissions in its decarbonization goals? - Southern Company does not have direct control over scope three emissions but is working on reducing them through various initiatives [60][62] Question: How is Southern Company addressing data center demand for additional power generation? - The company projects 8% annual load growth and has commitments for over 10 gigawatts from data centers and industrial projects [64][66] Question: What is the company's approach to energy efficiency for older houses? - Southern Company emphasizes energy efficiency programs to help customers reduce their energy bills and improve system efficiency [70][72] Question: What is the outlook for distributed energy resources and grid enhancements? - The company is investing in advanced grid technologies and has a robust portfolio of customer programs to improve system efficiency [75][76] Question: What potential impacts might be from tariffs? - Southern Company does not expect a material impact from tariffs due to its strong vendor relationships and existing project contingencies [78]

Core Viewpoint - Southern Cross Gold Consolidated Ltd has successfully closed the third and final tranche of its C$143M/A$162M private placement, raising significant funds for the development of its Sunday Creek Gold-Antimony Project in Australia [1][3]. Group 1: Financial Details - The third tranche involved the issuance of 5,431,638 common shares, with 5,005,000 converted to Chess Depositary Interests (CDIs) at a price of C$4.50 (A$5.10), generating gross proceeds of C$24,442,371 [2][5]. - The total gross proceeds from the entire placement amount to A$25,525,500 from the issuance of CDIs and C$1,919,871 from the issuance of common shares [5]. Group 2: Project Development - The net proceeds from the placement are earmarked for key milestones in the Sunday Creek Gold-Antimony Project, including C$53M for drilling to establish an Inferred Resource by Q1 2027, C$27M for decline development, C$4M for a Preliminary Economic Assessment, and C$59M for exploration and working capital [9][10]. - The Sunday Creek project is recognized as one of the significant gold and antimony discoveries in the Western world, with a mineralization structure extending over 12 km and confirmed continuity from surface to 1,100 m depth [8][10]. Group 3: Strategic Importance - The dual-metal profile of the Sunday Creek project, with antimony contributing 20% of the in-situ value, is strategically important, especially in light of China's export restrictions on antimony, which is critical for defense and semiconductor applications [9][10]. - Southern Cross Gold's inclusion in the US Defense Industrial Base Consortium (DIBC) and legislative changes related to AUKUS enhance its position as a potential key supplier of antimony in the Western market [9][10].

Core Viewpoint - Southern Company has announced the pricing of $1.45 billion in Convertible Senior Notes, reflecting an increase of $200 million from the previously announced offering size, with an expected closing date of May 23, 2025 [1][4]. Group 1: Offering Details - The Convertible Notes have a 3.25% interest rate, payable semiannually, and will mature on June 15, 2028 [2][3]. - The initial conversion rate is set at 8.8077 shares per $1,000 principal amount, equating to a conversion price of approximately $113.54 per share, representing a 25% premium over the last reported sale price [2][3]. - An option for initial purchasers to buy an additional $200 million in Convertible Notes is available within 13 days of issuance [1]. Group 2: Use of Proceeds - Southern Company estimates net proceeds of approximately $1.44 billion, or $1.63 billion if the additional option is fully exercised, which will primarily be used to repurchase existing Convertible Notes and for general corporate purposes [4]. - Approximately $1.25 billion of the net proceeds will be allocated to repurchase about $781.6 million of Series 2023A Convertible Notes and $328.1 million of Series 2024A Convertible Notes [4]. Group 3: Repurchase Transactions - The company has entered into privately negotiated transactions to repurchase portions of the Existing Convertible Notes, with terms dependent on various market factors [5]. - There is an expectation that holders of the Existing Convertible Notes may engage in derivative transactions or stock trades to hedge their exposure related to these repurchase transactions [6][7].

The Southern Company (SO) , via one of its affiliates, Georgia Power Company, recently announced a proposed settlement with the Georgia Public Service Commission (PSC) Public Interest Advocacy Staff. The agreement recommends extending the current alternate rate plan through Dec. 31, 2028, maintaining rate stability for Georgia Power customers for three additional years.This settlement is still pending approval from the Georgia PSC, with a final decision expected by July 1, 2025. If rejected, Georgia Power m ...

ATLANTA, May 20, 2025 /PRNewswire/ -- Southern Company (NYSE: SO) today announced an offering of $1.25 billion in aggregate principal amount of its convertible senior notes due June 15, 2028 (the "Convertible Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, Southern Company expects to grant the initial purchasers of the Convertible Notes an option to purchase, for settlement within a perio ...

ATLANTA, May 16, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Jason Zampi will participate in a fireside chat at the Wolfe Research 18th Annual Global Transportation & Industrials Conference. Details on how to listen to the discussion follow below. What: Wolfe Research 18th Annual Global Transportation & Industrials ConferenceWhen: Tuesday, May 20, 2025 at 11 a.m. ETWhere: Via WebcastThe presentation will be posted at norfolksouthern.com ...

Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - May 14, 2025) - Southern Cross Gold Consolidated Ltd (TSXV: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) ("SXGC", "SX2" or the "Company") is pleased to announce that it has closed the second tranche (the "Second Tranche") of its previously announced C$143M/A$162M private placement (the "Placement").Pursuant to the closing of the Second Tranche, the Company issued 6,636,918 common shares (the "Shares" and each common share in the autho ...