Southern Cross Exploration N L was incorporated in 1970 and listed on the Sydney Stock Exchange in
that year. It is a public company quoted on the Australian Securities Exchange (until recently the
Australian Stock Exchange).
The company has about 1,100 shareholders and it is about 95% Australian-owned. Exploration for oil
and gas, gold and other minerals and metals has been its principal activity over many years. Southern Cross also had a long term investment in a Uranium/Vanadium project in the Northern Territory. The company some years ago, invested in property, loans, shares and other securities. Presently, the company has again
concentrated on resource projects with a potential for early development.