Southern Gold Limited's (ASX:SAU) (FRA:UH4) Simon Mitchell speaks to Proactive following the news they've reached an agreement with Bluebird Merchant Ventures Ltd (LON:BMV) to sell its Gubong and Kochang joint venture projects in the Republic of Korea. Southern Gold’s wholly-owned Singaporean subsidiary, International Gold Private Ltd (IGPL), will receive up to 200 million shares in BMV, and BMV will secure full ownership of the projects.
Southern Gold welcomes sale agreement for Gubong and Kochang
