Dixie Gold Inc. Discontinues Financing

Vancouver, British Columbia--(Newsfile Corp. - May 11, 2026) - Dixie Gold Inc. (TSXV: DG) ("Dixie Gold" or the "Corporation" or the "Issuer") reports that it has discontinued the non-brokered common share unit financing (the "Financing") that it previously announced on May 7, 2026. Subsequent to its original announcement, the market price for the Issuer's listed security has market-traded to a level which is materially lower, including on a percentage basis, than the terms of the then-proposed Financing.