Southern Cross Gold Consolidated (SX2) H1 2026 earnings summary

Executive summary

• Completed major corporate restructuring, acquiring full ownership of SXG AUS and spinning out uranium assets to SUA Holdings Limited.

• Changed name, consolidated shares, and listed on ASX and TSX, ceasing TSXV trading.

• Focus remains on exploration and evaluation of mineral interests, with no production revenue or proven reserves.

Financial highlights

• Net loss for six months ended November 30, 2025 was $1,612,228, a significant improvement from $3,100,562 loss in the prior year period.

• Cash and cash equivalents at period end were $130,384,269, down from $151,212,676 at May 31, 2025.

• Total assets increased to $250,480,048 from $245,163,954 at May 31, 2025.

• Shareholders' equity rose to $246,410,506 from $241,140,117 at May 31, 2025.

• Basic and diluted loss per share was $0.01, compared to $0.03 in the prior year period.

Outlook and guidance

• Management considers working capital of $128,118,940 sufficient to fund core operations and planned exploration for the next twelve months.

• Ongoing focus on exploration and evaluation of Australian mineral interests, particularly Sunday Creek and Redcastle projects.