13,100,000 Options of Southern Cross Gold Ltd are subject to a Lock-Up Agreement Ending on 16-MAY-2024. These Options will be under lockup for 735 days starting from 12-MAY-2022 to 16-MAY-2024.

Details:
An aggregate of 93,985,000 fully paid ordinary shares will be held in escrow until May 16, 2024, being 24 months from the date of quotation.

An aggregate of 6,500,000 options exercisable at AUD 0.30 on or before May 16, 2025, 2,200,000 options exercisable at AUD 0.30 on or before May 5, 2025, 2,200,000 options exercisable at AUD 0.30 on or before May 5, 2026, and 2,200,000 options exercisable at AUD 0.30 on or before May 5, 2027, will be held in escrow until May 16, 2024, being 24 months from the date of quotation.S