Solstice closes acquisition of two claims at Strathy

Executive Summary

• Solstice Gold Corp. has closed the acquisition of two patented claims (35.6 hectares) adjacent to its Red Cedar discovery at the Strathy gold project in Ontario.
• The company exercised 9,011,000 warrants at an exercise price of $0.05, generating $450,589 in cash proceeds, with significant participation from company insiders.
• The acquisition and capital raise strengthen the company's balance sheet and land position ahead of its 2026 drill program, which is already underway to test the Red Cedar discovery and the adjacent IP anomaly.

Key Details

• Land Acquisition:
  • Acquired two patented claims totaling 35.6 hectares.
  • Location: Immediately east of the Red Cedar discovery at the 100%-owned Strathy gold project, Ontario.
  • Strategic Value: Claims are directly contiguous to the core claim block and adjacent to the large IP anomaly where the Red Cedar discovery was made; the anomaly likely expands onto these new claims.
  • Consideration: $40,000 cash and 307,692 common shares issued to an arm's-length party.
  • Share Restrictions: The 307,692 shares are subject to a hold period of four months and one day from closing.
• Warrant Exercise:
  • Quantity: 9,011,000 warrants exercised.
  • Exercise Price: $0.05 per warrant.
  • Gross Proceeds: $450,589.
  • Expiry Date: March 31, 2026.
  • Insider Participation: A number of warrants were exercised by company insiders, signaling confidence in the Strathy project.
  • Use of Proceeds: Strengthens balance sheet to continue advancing exploration at Strathy.
• Red Cedar Discovery Details:
  • Intercept: 8.5 g/t Au over 3.5 meters (including 28.7 g/t Au over 1.0 meter, core length).
  • Source: News release dated August 13, 2025.
  • Status: Discovery hole located in the largest IP anomaly on the project, which is open to the north and east.
• Operational Update:
  • The 2026 drill program is currently underway.
  • Capital raised ensures the company is well-funded to systematically drill test and expand upon the Red Cedar discovery.
• Historical Context (Strathy Project):
  • Project Size: 46-square-kilometre land package in the Archean-age Temagami greenstone belt.
  • Historic High-Grade Intercepts: 5.00 g/t Au over 17.28 m and 7.66 g/t Au over 7.25 m (core lengths) at vertical depths of 50-100 meters.
  • Surface Samples: Up to 62.7 g/t Au.
  • Note: Historical data is considered relevant for planning but has not been independently verified by a Qualified Person under NI 43-101.

Notable Quotes

• Pablo McDonald, CEO: "The strong support we've received from Solstice's shareholders, including company insiders, speaks volumes about our exceptional potential here at Strathy. With our 2026 drill program now under way, this additional capital ensures we remain well funded to systematically drill test and expand upon the Red Cedar discovery. Combined with the acquisition of key patented ground adjacent to Red Cedar, we believe Solstice is exceptionally well positioned heading into what we expect to be a highly catalytic first half of 2026."