Solstice Provides Updated Information on Private Placement

Executive Summary

• Solstice Gold Corp. completed a private placement raising $1.12 M in gross proceeds.
• Issued three types of securities: 1,170,296 Ontario flow‑through shares at $0.085 each, 4,839,119 National flow‑through shares at $0.068 each, and 11,448,998 units (each unit = one common share + ½ warrant) at $0.06 per unit.
• Proceeds are intended for exploration activities, including Canadian Exploration Expenses and flow‑through mining expenditures on the Strathy Gold Project and other properties.

Key Details

• Total gross proceeds: $1,120,000.
• Securities issued:
• Ontario FT Shares – 1,170,296 shares @ $0.085 per share.
• National FT Shares – 4,839,119 shares @ $0.068 per share.
• Units – 11,448,998 units @ $0.06 per unit (each unit = 1 common share + ½ warrant; full warrant exercisable at $0.10 for 12 months).
• Use of proceeds: Anticipated to fund exploration programs, qualify as Canadian Exploration Expenses (CEE) and flow‑through mining expenditures, and support further drilling on the Strathy Gold Project.
• Project highlight: Recent discovery at Strathy – intercept of 8.52 g/t Au over 3.5 m in the Red Cedar hole; historic high‑grade intercepts include 5.00 g/t Au over 7.28 m and 7.66 g/t Au over 7.25 m, plus surface samples up to 62.7 g/t Au.
• Qualified Person: Sandy Barham, M.Sc., P.Geo., responsible for technical disclosures per NI 43‑101.

Notable Quotes

• “The successful completion of this financing provides us with the capital needed to advance our high‑potential exploration targets at Strathy and other projects,” – Pablo McDonald, Chief Executive Officer.