Southern Cross Gold Consolidated (SX2) Q3 2026 TU earnings summary

Executive summary

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

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

• Focused on exploration and evaluation of mineral interests, primarily in Australia.

Financial highlights

• Net loss for nine months ended February 28, 2026 was $2.2 million, a significant improvement from $5.5 million loss in the prior year.

• Cash and cash equivalents at period end were $123.2 million, down from $151.2 million at May 31, 2025.

• Total assets increased to $262.4 million from $245.2 million at May 31, 2025.

• Operating cash outflow was $2.3 million; investing outflow was $33.6 million, mainly for exploration and land purchases.

• No equity financings during the period; prior year included $143.1 million private placement.

Outlook and guidance

• Management believes working capital of $121.0 million is sufficient to fund planned exploration and obligations for the next twelve months.

• Ongoing assessment of new property acquisitions and continued focus on Australian gold projects.