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SXGC.TO ·

Southern Cross GOLD Commences Trading ON TSX Main Board

Listings & Exchange

Mariana Bermudez – Corporate Secretary

+1 604 685 9316 [email protected]

1305 – 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada

Nicholas Mead – Corporate Development

+61 415 153 122 [email protected]

Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia

NEWS RELEASE

TSX: SXGC | ASX: SX2

SOUTHERN CROSS GOLD CONSOLIDATED LTD

TSX: SXGC | ASX: SX2

www.southerncrossgold.com

www.mawsongold.com

July 2, 2025

SOUTHERN CROSS GOLD COMMENCES TRADING ON TSX MAIN BOARD

Vancouver, Canada and Melbourne, Australia - Southern Cross Gold Consolidated Ltd (“SXGC”,

“SX2” or the “Company”) (TSX:SXGC) (ASX:SX2) (OTCPK:MWSNF) (Frankfurt:MV3.F) is pleased to

announce that it has received final approval from Toronto Stock Exchange (the "TSX") to list its common

shares (the "SXGC Shares") and will commence trading on TSX at market open on Wednesday, July 2,

2025, under the trading symbol “SXGC” . On commencement of trading on TSX, the SXGC Shares will be

delisted from TSX Venture Exchange. The Company will continue to trade on the Australian Securities

Exchange (“ASX”) under the trading symbol “SX2”.

Shareholders are not required to exchange their share certificates or direct registration system advices, or

take any other action in connection with the listing on the TSX. The Company's CUSIP 842685109 and ISIN

CA8426851090 remain unchanged.

Mr. Michael Hudson, President & CEO, commented: "Our graduation from the TSX Venture Exchange to

the main TSX board represents a significant milestone that provides Southern Cross Gold with access to

deeper capital markets, improved liquidity, and a broader institutional investor base. TSX -listed companies

are viewed as more established investment opportunities, and this graduation opens the door to enhanced

institutional investment and potential index inclusion opportunities.

“Institutional investors are increasingly focused on Tier 1 Western-domiciled antimony and gold assets, and

combined with our continued ASX listing, we now offer investors enhanced trading flexibility across dual

major exchanges."

About Southern Cross Gold Consolidated Ltd. (TSX:SXGC) (ASX:SX2)

Southern Cross Gold Consolidated Ltd. (TSX:SXGC, ASX:SX2) controls the Sunday Creek Gold-Antimony

Project located 60 km 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 g/t AuEq x m from just 84 km of drilling. The mineralization follows a "Golden

Ladder" structure over 12 km of strike length, with confirmed continuity from surface to 1,100 m depth.

Sunday Creek’s strategic value is enhanced by its dual -metal profile, with antimony contributing

approximately 20% 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’ inclusion in the US Defense Industrial Base Cons ortium (DIBC) and Australia's AUKUS -related

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 93% to 98% through

gravity and flotation.

With a treasury of A$170m and the commencement of a drill program surpassing 200 km, we are positioned

for accelerated expansion and derisking of Sunday Creek, a globally significant gold- antimony discovery in

a tier-one jurisdiction.

2

NEWS RELEASE

- Ends -

This announcement has been approved for release by the Board of Southern Cross Gold Consolidated Ltd.

For further information, please contact:

Mariana Bermudez – Corporate Secretary - Canada

[email protected] or +1 604 685 9316

Executive Office: 1305 – 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada

Nicholas Mead – Corporate Development

[email protected] or +61 415 153 122

Justin Mouchacca, Company Secretary - Australia

[email protected] or +61 3 8630 3321

Subsidiary Office: Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia

Forward-Looking Statement

This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks,

uncertainties and assumptions and accordingly, actual results and future events could differ materially from those

expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward -looking

statements. All statements other than statements of present or historical fact are forward-looking statements. Forward-

looking statements include words or expressions suc h as “proposed”, “will”, “subject to”, “near future”, “in the event”,

“would”, “expect”, “prepared to” and other similar words or expressions. Factors that could cause future results or events

to differ materially from current expectations expressed or implied by the forward- looking statements include: general

business, economic, competitive, political, social uncertainties; the state of capital markets, unforeseen events,

developments, or factors causing any of the expectations, assumptions, and other fact ors ultimately being inaccurate

or irrelevant; and other risks described in the Company’s documents filed with Canadian or Australian securities

regulatory authorities (under code SX2). You can find further information with respect to these and other risks in filings

made by the Company with the securities regulatory authorities in Canada or Australia (under code SX2), as applicable,

and available for the Company in Canada at www.sedarplus.ca or in Australia at www.asx.com.au (under code SX2).

Documents are also available at www.southerncrossgold.com . The Company disclaims any obligation to update or

revise these forward-looking statements, except as required by applicable law.