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BRIEF-Southern Gold announces cannon project's increased profit guidance

Published 06/09/2016, 01:20 pm
Updated 06/09/2016, 01:30 pm
© Reuters.  BRIEF-Southern Gold announces cannon project's increased profit guidance
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Sept 6 (Reuters) - Southern Gold Ltd SAU.AX :

* Cannon project increased profit guidance

* New review shows that at current gold price of a$1,750/oz net profit guidance increases from A$14.9M to A$17.2M

* Cash distribution, net of debt facility to metals x, becomes A$14.5M to Southern Gold between dec'16 and mar'1

* Source text for Eikon ID:nASX6D6SG5

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