Ms. Mariana Bermudez reports

SOUTHERN CROSS GOLD DIRECTORS MATERIALLY INCREASE SHAREHOLDINGS FOLLOWING EXERCISE OF STOCK OPTIONS

Certain directors of Southern Cross Gold Consolidated Ltd. have exercised stock options to acquire an aggregate of 7.75 million shares of the company, generating total proceeds to the company of $5.52-million (Australian) and materially increasing each director's direct beneficial shareholding in Southern Cross.

As a result of the option exercise, the directors have significantly increased their long-term investment in and commitment to the company. Following the option exercise, the directors collectively hold beneficial ownership of an aggregate of 12,602,438 shares, representing 4.70 per cent of the company's issued shares on a non-diluted basis. The directors intend to maintain their holdings for long-term investment purposes. Any future acquisitions or dispositions will be reported in Canada in accordance with National Instrument 55-104 and in Australia through the required filings on the Australian Securities Exchange.

Separately, Springtide Capital Ltd., a company associated with Darren Morcombe, a significant shareholder of the company, has exercised 1.5 million stock options at $1.20 (Australian) per share. In addition, Mr. Morcombe has acquired a further 950,618 shares through on-market purchases. In aggregate, Mr. Morcombe has increased his beneficial shareholding by 2,450,618 shares, bringing his total beneficial shareholding to 31,441,730 shares, representing approximately 11.70 per cent of the company's issued shares on a non-diluted basis. These transactions further consolidate the company's strong insider and major shareholder alignment, with directors (12.6 million shares) and major shareholders Mr. Morcombe (31.4 million shares), Pierre Lassonde (16.0 million shares) and Kiril Sokoloff (10.9 million shares) collectively holding approximately 26.4 per cent of issued shares, a powerful demonstration of long-term conviction in Southern Cross's growth trajectory. These shareholdings are held independently, reflecting individual investment decisions made separately by each holder.

To finance the exercise price and resulting tax obligations, a small number of shares (1.14 million, representing 14.7 per cent of the total shares acquired) were sold by the directors through the facilities of the TSX to meet these funding and tax obligations. This is a technical funding mechanism only, with the directors retaining 85.3 per cent of all shares acquired through the option exercise.

About Southern Cross Gold Consolidated Ltd.

Southern Cross Gold Consolidated is defining a leading gold-antimony project at the Sunday Creek gold-antimony project, located 60 kilomeres north of Melbourne. Sunday Creek is a significant gold and antimony drill discovery in a Tier 1 location, with high-grade drill results including 81 composite intersections exceeding 100 grams per tonne Au from 114.8 kilometres of drilling. The mineralization follows a Golden Ladder structure over 12 kilometres of strike length, with structures tested from surface to 1,100 m depth.

Sunday Creek's strategic value is enhanced by its dual-metal profile. The company has a critical mineral the Western world needs. This has gained increased significance following China's export restrictions on antimony, a critical metal for defence and semiconductor applications. Southern Cross's inclusion in the U.S. Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related legislative changes position it as a potential key Western antimony supplier.

Technical fundamentals further strengthen the investment case, with preliminary metallurgical work showing non-refractory mineralization suitable for conventional processing and gold recoveries of 93 per cent to 98 per cent through gravity and flotation.

With a strong cash position, 1,392 hectares of strategic freehold land ownership, and a large 200 km drill program planned through Q1 2027, Southern Cross is well positioned to advance this globally significant gold-antimony discovery in a Tier 1 jurisdiction, delivering milestone by milestone.

We seek Safe Harbor.