Southern Cross Gold Announces AGM Results

Rhea-AI Summary

Southern Cross Gold (OTCQX: SXGCF) held its Annual General Meeting on November 17, 2025 in Melbourne, Australia. All matters put to a vote were approved by the requisite majority of votes cast.

A total of 95,812,993 common shares were represented at the meeting, equal to approximately 37.06% of the issued and outstanding common shares as of the record date. Detailed voting results, including proxies and the election tallies for each director, are provided in Appendix 1. A final Report of Voting Results will be filed on SEDAR+ at www.sedarplus.ca.

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

FAQ

When did Southern Cross Gold (SXGCF) hold its 2025 Annual General Meeting?

The meeting was held on November 17, 2025 at 11:00 AM Melbourne time.

How many shares were represented at the Southern Cross Gold (SXGCF) AGM on November 17, 2025?

95,812,993 common shares were represented, about 37.06% of issued shares.

Were shareholder resolutions at Southern Cross Gold (SXGCF) approved at the November 17, 2025 AGM?

Yes; all matters submitted to shareholders were approved by the requisite majority of votes cast.

Where can I find the detailed voting results for Southern Cross Gold (SXGCF) AGM resolutions?

Detailed results and proxies are in Appendix 1, with a Report of Voting Results to be filed on SEDAR+ at www.sedarplus.ca.

Did Southern Cross Gold (SXGCF) provide director election vote counts at the AGM?

Yes; the voting results include detailed tallies for the election of each director nominated in the Circular.

Which exchanges list Southern Cross Gold and what ticker was used in the AGM announcement?

The company is referenced on multiple exchanges; the OTCQX ticker used in this announcement is SXGCF.