Mr. Nicholas Mead reports

SOUTHERN CROSS GOLD ANNOUNCES DATE OF ANNUAL SHAREHOLDERS MEETING

Southern Cross Gold Consolidated Ltd. will hold its 2026 annual general meeting of the shareholders (the AGM) on Wednesday, Nov. 18, 2026, at 11 a.m. Melbourne time at The Auction Room, Level 4, InterContinental Melbourne (The Rialto), 495 Collins St., Melbourne, Victoria 3000, Australia.

The company also announces that David Henstridge, a non-executive director and founder of the company, has advised the company that he will not stand for re-election as a director at the AGM. The company thanks Mr. Henstridge for his years of dedicated service, valuable insights, and leadership on the board and its committees, and wishes him all the best in his future endeavours.

All other current members of the board intend to stand for re-election at the AGM. In addition, Paul Townsend will stand for election to the board for the first time at the AGM.

Mr. Townsend is a highly accomplished corporate finance executive with a proven record of optimizing capital structures, driving margin expansion and maximizing shareholder value across complex global markets. Mr. Townsend brings 10 years of Australian Securities Exchange-listed experience, having directed the financial strategies of prominent organizations including Nufarm, Asaleo Care, Pacific Hydro and Monash University. He specializes in institutionalizing rigorous fiscal discipline, navigating complex equity and debt capital markets, audit and risk management, and managing robust corporate governance structures. Mr. Townsend holds a bachelor of business (accounting), is a fellow of the Institute of Chartered Accountants in Australia and New Zealand, and is a graduate of the Australian Institute of Company Directors.

The company's 2026 management proxy materials containing information about all director nominees and other items of business to be considered at the AGM will be available under the company's profile at SEDAR+, the ASX and on the company's website.

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 kilometres north of Melbourne. Sunday Creek is a significant gold and antimony drill discovery in a Tier 1 location, with high-grade drill results including 98 composite intersections exceeding 100 grams per tonne Au from 142.5 kilometres of drilling (including historic drilling). The mineralization follows a Golden Ladder structure over 12 km of interpreted strike length, with structures drill tested from surface to 1,200 m depth.

Sunday Creek's strategic value is enhanced by its dual-metal profile. The company has a critical mineral that 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, 2,296 hectares of strategic freehold land ownership and a large 200-kilometre 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.