Dixie Gold Inc. Announces Financing

Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - Dixie Gold Inc. (TSXV: DG) ("Dixie Gold" or the "Corporation" or the "Issuer") announces that it intends to conduct a non-brokered common share unit financing (the "Financing") consisting of up to 3,000,000 common share units (the "Units") to be issued at a price of $0.05 per Unit. Each Unit will consist of one common share of the Corporation (a "Unit Share") and one common share purchase warrant (a "Warrant") that entitles the holder of a Warrant, upon further payment to the Corporation, to acquire one additional common share of the Corporation (a "Warrant Share") at an exercise price of $0.06 per Warrant Share on any date prior to the date which is three (3) years following the closing date of the Financing or tranche thereunder.