Mr. Ryan Kalt reports

DIXIE GOLD INC. PROVIDES CORPORATE UPDATE

Dixie Gold Inc. has provided a corporate update to certain activity by the issuer related to claim staking. Issuer activity underlying the disclosable event was in response to announcements by Toronto Stock Exchange/Australian Securities Exchange-listed Firefly Metals Ltd. and ASX-listed Bellavista Resources Ltd. (see Firefly Metals Ltd. news release, "Firefly to unlock value from Pickle Crow Gold Project by sale for up to A$86.1M," dated Feb. 1, 2026). In conjunction with the disclosable event, a total of 43 mining claims were applied for by Dixie Gold, with submission for the licences having been done directly through the Crown on a royalty-free basis (save those of the Crown).

The licences are publicly viewable within the government of Ontario's on-line public registry (the Mining Lands Administration System) under Dixie Gold's name, and the issuer provides this market update to ensure fair disclosure. The licences, if granted in their ordinary course by the Crown, may remain subject to certain surface notice requirements and consultative requirements.

The issuer believes matters reported on herein provide it with exposure and optionality to developments in the region and highlight efforts by the issuer's management to keep Dixie Gold rapidly attentive to opportunities of interest.

About Dixie Gold Inc.

Dixie Gold is a junior exploration company holding a portfolio of mining-related interests in Canada.

We seek Safe Harbor.