Vancouver, British Columbia – TheNewswire - May 27, 2026 – Syracuse Capital Pty Ltd. (the “Acquiror”) announces that it has acquired ownership and control over additional common shares (“Common Shares”) of Dixie Gold Inc. (the “Issuer”), a reporting issuer whose Common Shares trade on the TSX Venture Exchange (the “TSXV”) under the symbol “DG”.
On May 25, 2026, the Acquiror purchased 1,250,000 Common Shares through the facilities of the TSXV at a price of $0.030 per Common Share for aggregate consideration of $37,500. On May 26, 2026, the Acquiror purchased an additional 1,750,000 Common Shares through the facilities of the TSXV at a price of $0.030 per Common Share for aggregate consideration of $52,500 (collectively, the “Triggering Transactions”). The Triggering Transactions were completed on the open market through Euroz Hartleys as broker, for total aggregate consideration of $90,000.
Immediately before the Triggering Transactions, the Acquiror had ownership of, and exercised control and direction over, 3,039,000 Common Shares, representing approximately 9.58% of the 31,737,188 Common Shares issued and outstanding. Immediately after the Triggering Transactions, the Acquiror has ownership of, and exercises control and direction over, 6,039,000 Common Shares, representing approximately 19.03% of the issued and outstanding Common Shares of the Issuer.
The Common Shares were acquired by the Acquiror for investment purposes. The Acquiror may, depending on market conditions, general economic and industry conditions, the Issuer’s business, financial condition and prospects, and other factors that the Acquiror considers relevant from time to time, increase or decrease its beneficial ownership of, or control or direction over, securities of the Issuer through market transactions, private agreements, treasury issuances, exercises of convertible securities, or otherwise.
This news release is being issued pursuant to the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed under the Acquiror’s profile on SEDAR+ (www.sedarplus.ca) containing additional information with respect to the foregoing matters. A copy of the early warning report to which this news release relates will be available on the Issuer’s SEDAR+ profile at www.sedarplus.ca.
The head office of the Issuer is located at 1890 – 1075 West Georgia Street, Vancouver, BC V6E 3C9. The address of the Acquiror is PO Box 8153, Subiaco East, WA 6008.
For further information, or to obtain a copy of the early warning report, please contact:
Syracuse Capital Pty Ltd.
Rocco Tassone, Director
Phone: +61 8 9388 0051
Email: enquiry@gttventures.com.au
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