Southern Cross Gold begins trading on OTCQX

Mr. Michael Hudson reports SOUTHERN CROSS GOLD ANNOUNCES TRADING ON OTCQX BEST MARKET Southern Cross Gold Consolidated Ltd.'s common shares have been approved to trade on the OTCQX Best Market. The company's shares will commence trading at the open of the market on Aug. 19, 2025, under its existing ticker symbol, SXGCF. Shareholders will not need to take any action. The OTCQX is the highest level of OTC Markets, which operates markets on which more than 12,000 U.S. and international securities trade. Trading on OTCQX enhances visibility and accessibility to U.S. investors. The company's common shares continue to trade on the Toronto Stock Exchange under the symbol SXGC and on the Australian Securities Exchange under the symbol SX2. Michael Hudson, president and chief executive officer, states: "Trading on the OTCQX Best Market marks a pivotal moment for Southern Cross Gold. Moving from the Pink Market, where we've seen 10 per cent of our global trading volume, to OTCQX opens the door to significantly greater U.S. investor participation. "With SXG now trading on the ASX, TSX and OTCQX, we've achieved true round-the-clock trading across the world's major mining investment markets. This global platform connects Australian investors who understand our local advantages, Canadian investors with deep mining expertise, and now enhanced access for U.S. investors seeking exposure to critical minerals and exceptional gold grades. "Sunday Creek has delivered exceptional results -- 66 intersections exceeding 100 [grams per tonne gold equivalent] times metre from just 88 kilometres of drilling -- establishing it as one of the Western world's most significant gold-antimony discoveries. Our inclusion in the U.S. Defense Industrial Base Consortium underscores the strategic importance of this dual-metal asset, particularly given antimony's critical role in defence and semiconductor applications. "The OTCQX quotation removes barriers that previously limited U.S. investor access, providing better liquidity and broader broker coverage. With our strong cash position and aggressive 200-kilometre drill program under way, we're excited to engage with an expanded U.S. investor base as we advance this world-class discovery just 60 kilometres from Melbourne." The OTCQX is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance and demonstrate compliance with applicable securities laws. Graduation to the OTCQX marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. About Southern Cross Gold Consolidated Ltd. Southern Cross Gold controls the Sunday Creek gold-antimony project, located 60 kilometres north of Melbourne, Australia. Sunday Creek has emerged as one of the Western world's most significant gold and antimony discoveries, with exceptional drilling results including 66 intersections exceeding 100 grams per tonne gold equivalent (AuEq) times metre from just 88 kilometres of drilling. The mineralization follows a golden ladder structure over 12 kilometres of strike length, with confirmed continuity from surface to a depth of 1,100 metres. Sunday Creek's strategic value is enhanced by its dual-metal profile, with antimony contributing approximately 20 per cent of the in situ value alongside gold. This has gained increased significance following China's export restrictions on antimony, a critical metal for defense and semiconductor applications. Southern Cross's inclusion in the U.S. Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related (Australia, the United Kingdom and the United States) legislative changes position it as a potential key Western antimony supplier. Importantly, Sunday Creek can be developed primarily based on gold economics, which reduces antimony-related risks while maintaining strategic supply potential. Technical fundamentals further strengthen the investment case, with preliminary metallurgical work showing non-refractory mineralization suitable for conventional processing and gold recoveries of 92 to 96 per cent through gravity and flotation. With a strong cash position, over 1,000 hectares of strategic freehold land ownership and a large 60-kilometre drill program planned through Q3 (third quarter) 2025, Southern Cross Gold is well positioned to advance this globally significant gold-antimony discovery in a Tier 1 jurisdiction. National Instrument 43-101 technical background and qualified person Mr. Hudson, who is a fellow of the Australasian Institute of Mining and Metallurgy, and Kenneth Bush, exploration manager of Southern Cross Gold and an RPGeo (10315) of the Australian Institute of Geoscientists, are the qualified persons as defined by the NI 43-101. They have prepared, reviewed, verified and approved the technical contents of this news release. We seek Safe Harbor.