Solstice Gold enters deals to expand land by Strathy

Executive Summary

• Solstice Gold Corp. has entered into agreements to acquire two patented claims and one unpatented claim (totaling 47.2 hectares) adjacent to the Red Cedar discovery at its Strathy gold project in Ontario, expanding its core land position to approximately 46 square kilometres.
• The acquisition is part of a strategy to secure ground for an imminent, fully funded 2,750-metre drill program scheduled for Q1 2026, which will test the Red Cedar discovery and newly identified IP targets.
• The transaction involves cash and equity consideration for the patented claims, and equity plus a Net Smelter Return (NSR) royalty for the unpatented claim, subject to TSX Venture Exchange approval.

Key Details

• Acquisition Details:
  • Patented Claims: Acquisition of two patented claims for $40,000 CAD and 307,692 common shares.
  • Unpatented Claim: Acquisition of one unpatented claim for 65,000 common shares and a 1.5% Net Smelter Return (NSR) royalty.
  • Royalty Repurchase Option: The vendor retains the right to repurchase 0.75% of the royalty at any time for $100,000.
  • Total Area: 47.2 hectares (0.47 square kilometres).
  • Conditions: Subject to due diligence and approval of the TSX Venture Exchange. No finder’s fees are payable.
• Strategic Context & Geophysics:
  • The new claims are located immediately east of the Red Cedar discovery, extending the known chargeability anomaly.
  • Solstice’s December 2025 IP program expanded the Red Cedar chargeability anomaly to at least 1,000 m by 600 m, remaining open to the north and east on the newly acquired land.
  • The Red Cedar discovery previously returned 8.5 g/t Au over 3.5 m (including 28.7 g/t over 1.0 m).
  • The newly acquired claims have no public record of modern exploration, offering undrilled upside adjacent to a high-grade discovery.
• Future Exploration Plans:
  • The company is in the final stages of defining drill targets for a fully funded ~2,750-metre drill program planned for Q1 2026.
  • The program aims to test the Red Cedar discovery and new IP targets over an approximate one km strike length.
  • Drill permits and extended IP applications for the new claims are being expedited.
• Stock Option Grants:
  • Issued 3.9 million stock options to directors, officers, and employees.
  • Exercise Price: $0.14 per share.
  • Term: Five years.
  • Vesting Schedule: One-third immediately, one-third after one year, and one-third after two years.
  • Outstanding Total: Post-grant, there are 9.1 million options outstanding, representing 5.3% of issued and outstanding common shares.

Notable Quotes

• Pablo McDonald, CEO: "These acquisitions will substantially strengthen our land position immediately adjacent to the Red Cedar discovery... Importantly, the IP data indicate that the Red Cedar chargeability anomaly extends directly onto these newly acquired claims. With this expanded footprint, we can now pursue the exploration for additional gold mineralization without constraint. We are in the final stages of defining high-priority drill targets at Red Cedar, with drilling scheduled to commence in the next few weeks."