Vancouver, Canada and Melbourne, Australia--(Newsfile Corp. - November 17, 2025) - Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3.F) ("SXGC", "SX2" or the "Company") announces the results of voting at its Annual General Meeting (the "Meeting") held on Monday, November 17, 2025, at 11 AM Melbourne time in Melbourne, Australia.
All matters submitted to shareholders for approval as set out in the Company's Notice of Annual General Meeting and Information Circular (the "Circular") dated October 10, 2025, were approved by the requisite majority of votes cast at the meeting.
A total of 95,812,993 common shares were represented at the Meeting, consisting of approximately 37.06% of the total issued and outstanding common shares of the Company as of the record date of the Meeting.
As required under ASX Listing Rule 3.13.2, we advise details of resolutions passed and the proxies as set out at Appendix 1, which includes detailed voting results for the election of each director nominated in the Circular.
A report with the final results on all matters voted on at the Meeting will also be provided in a Report of Voting Results to be filed under the Company's profile on SEDAR+ at www.sedarplus.ca.
About Southern Cross Gold Consolidated Ltd. (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF)
Southern Cross Gold Consolidated Ltd. (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF), 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. The mineralization follows a "Golden Ladder" structure over 1.2 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, meaning Importantly, Sunday Creek can be developed primarily based on gold economics, which reduces antimony-related risks while maintaining strategic supply potential. 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 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 93-98% through gravity and flotation.
With a strong cash position, over 1,000 Ha of strategic freehold land ownership, and a large 200 km drill program planned through Q1 2027, SXGC is well-positioned to advance this globally significant gold-antimony discovery in a tier-one jurisdiction.
This news release has been approved for release by the Board of Southern Cross Gold Consolidated Ltd.
For further information, please contact:
Mariana Bermudez - Corporate Secretary - Canada
mbermudez@chasemgt.com or +1 604 685 9316
Executive Office: 1305 - 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada
Nicholas Mead - Corporate Development
info@southerncrossgold.com or +61 415 153 122
Justin Mouchacca, Company Secretary - Australia
jm@southerncrossgold.com.au or +61 3 8630 3321
Subsidiary Office: Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia
APPENDIX 1
SOUTHERN CROSS GOLD CONSOLIDATED LTD.
ANNUAL GENERAL MEETING OF SHAREHOLDERS
NOVEMBER 17, 2025, MELBOURNE, AUSTRALIA
| Resolution | Vote type | Voted | Voted (%) | O/S (%) |
| Number of Directors | For | 86,157,146 | 89.92 | 33.32 |
| Against | 9,655,847 | 10.08 | 3.74 | |
| Non Votes | 0.00 | 0.00 | ||
| Invalid | 0.00 | 0.00 | ||
| Ernest Thomas Eadie | For | 94,587,315 | 98.73 | 36.59 |
| Withheld | 1,215,374 | 1.27 | 0.47 | |
| Non Votes | 10,304 | 0.00 | ||
| Invalid | 0.00 | 0.00 | ||
| Michael Hudson | For | 95,088,516 | 99.49 | 36.78 |
| Withheld | 483,957 | 0.51 | 0.19 | |
| Non Votes | 240,520 | 0.09 | ||
| Invalid | 0.00 | 0.00 | ||
| David Henstridge | For | 88,217,457 | 92.30 | 34.12 |
| Withheld | 7,355,016 | 7.70 | 2.85 | |
| Non Votes | 240,520 | 0.09 | ||
| Invalid | 0.00 | 0.00 | ||
| Georgina Carnegie | For | 95,582,671 | 99.77 | 36.97 |
| Withheld | 220,018 | 0.23 | 0.09 | |
| Non Votes | 10,304 | 0.00 | ||
| Invalid | 0.00 | 0.00 | ||
| Appointment of Auditors | For | 95,050,513 | 99.20 | 36.77 |
| Withheld | 762,328 | 0.80 | 0.29 | |
| Non Votes | 152 | 0.00 | ||
| Invalid | 0.00 | 0.00 | ||
| Omnibus Incentive Plan | For | 86,747,190 | 90.54 | 33.55 |
| Against | 9,065,803 | 9.46 | 3.51 | |
| Non Votes | 0.00 | 0.00 | ||
| Invalid | 0.00 | 0.00 | ||
| Amendment to Articles | For | 95,687,778 | 99.88 | 37.02 |
| Against | 114,911 | 0.12 | 0.04 | |
| Non Votes | 10,304 | 0.00 | ||
| Invalid | 0.00 | 0.00 | ||
| Placement Securities | For | 93,476,096 | 99.28 | 36.16 |
| Against | 679,593 | 0.72 | 0.26 | |
| Non Votes | 1,657,304 | 0.64 | ||
| Invalid | 0.00 | 0.00 |
The table above shows the number of proxy votes received prior to the Meeting. The Company notes that no additional votes were cast directly in the Meeting. Accordingly, the table above reflects the final voting on the resolutions.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274736
SOURCE: Southern Cross Gold Consolidated Ltd.
