Stuve Gold Corp. Announces Proposed Private Placement

(TheNewswire)

CALGARY, ALBERTA – TheNewswire - June 4, 2026 – Stuve Gold Corp. (“Stuve Gold” or the “Corporation”)(TSXV: STUV) announces that it intends to completea private placement of up to 6,450,000 common shares in the capital ofthe Corporation (“CommonShares”) at a price of $0.31 per Common Sharefor gross proceeds of up to $2,000,000 (the “Offering”). 

Proceeds from the Offering, assuming the maximumOffering, will be used to advance exploration activities on theCorporation’s existing property portfolio, potential additionalproperty acquisitions and for general working capital purposes.

The Corporation expects that the entire Offering willbe subscribed for by one strategic  investor that is not currentlyand insider, officer or director of the Corporation.

The Corporation does not expect that commissions norbroker warrants will be issued in respect of the Offering.

The Common Shares issued pursuant to the Offering willbe subject to a four month and one day hold period. Completion of theOffering remains subject to the approval of the TSX VentureExchange.

About Stuve Gold

Stuve Gold is advancing mineral properties in Chilethat hold promising potential for gold, copper, silver and cobaltaccumulations exhibited by historical mining activities on, orassociated with, those properties.  

Stuve Gold's Common Shares are listed on the TSX-Vunder the symbol "STUV".  More information on Stuve Goldmay be viewed on www.sedarplus.ca or the Corporation's website www.stuvegoldcorp.ca.

Cautionary Note RegardingForward-Looking Statements

This news release includes certain"forward-looking statements" under applicable Canadiansecurities legislation. Forward-looking statements include, but arenot limited to, the Corporation's ability to obtain necessaryapprovals from the TSX Venture Exchange with respect to the Offering,the successful closing of the Offering and the use of proceeds of theOffering. Forward-looking statements are necessarily based upon anumber of estimates and assumptions that, while considered reasonable,are subject to known and unknown risks, uncertainties and otherfactors which may cause the actual results and future events to differmaterially from those expressed or implied by such forward-lookingstatements. Such factors include, but are not limited to: generalbusiness, economic, competitive, political and social uncertainties;delay or failure to receive board, shareholder or regulatoryapprovals; the price of metals including gold, silver copper andcobalt; and the results of exploration programs. There can be noassurance that such statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not placeundue reliance on forward-looking statements. Stuve Gold disclaims anyintention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise, except as required by law.

Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

For further information, pleasecontact:

Al Kroontje

Phone: +1 403 607 4009

Email: al@slgold.ca

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