Stuve Gold Corp. Provides Update on Proposed Private Placement

(TheNewswire)

CALGARY, ALBERTA – February 13,2026 – TheNewswire -Stuve Gold Corp. (“Stuve Gold” or the“Corporation”) (TSXV:STUV) announces that, further to its newsrelease dated February 11, 2026, with respect to its proposedprivate placement of up to 12,500,000 units(“Units”) for gross proceeds of up to $3,000,000 (the“Offering”), the Corporation has determined, pursuant tothe TSX Venture Exchange's "part andparcel" pricing rules, that the share purchase warrantscomprising part of the Units will entitle the holder to purchaseadditional Common Shares for a period of one (1) year from the date ofclosing of the Offering at a price of $0.38 per share.  For furtherinformation with respect to the terms of the Offering, please see theCorporation's news release dated February 11, 2026.

Proceeds from the Offering, assuming the maximumOffering, will be used to conduct exploration activities on the LasAnimas property ($1,000,000), Stuve Gold’s existing properties($1,500,000), as well as for expenses related to the Offering, for thepossible acquisition of other properties, for repayment of debtobligations, and for general working capital purposes (up to$500,000). If less than the maximum Offering is raised, proceeds fromthe Offering will be used first to conduct exploration activities onthe Las Animas property, then on the existing properties, and then forexpenses of the Offering, possible acquisitions, repayment of debtobligations and general working capital purposes.  

The Offering is being offered to all of the existingshareholders of Stuve Gold who are permitted to subscribe pursuant tothe Existing Shareholder Exemption. This offer is open until March 27,2026, or such other date or dates as the Corporation determines and one or more closings are expectedto occur, with the first closing anticipated for on or about February24, 2026.

Any existing shareholders interested in participatingin the Offering should contact the Corporation pursuant to the contactinformation set forth below.

The Corporation has set February 12, 2026, as therecord date for determining existing shareholders entitled tosubscribe for Units pursuant to the Existing Shareholder Exemption.Subscribers purchasing Units under the Existing Shareholder Exemptionwill need to represent in writing that they meet certain requirementsof the Existing Shareholder Exemption, including that they were, on orbefore the record date, a shareholder of the Corporation and still area shareholder as at theclosing date. The aggregate acquisition cost to a subscriber under theExisting Shareholder Exemption cannot exceed $15,000 unless thatsubscriber has obtained advice from a registered investment dealerregarding the suitability of the investment.

As the Corporation is also relying on the Exemption forSales to Purchasers Advised by Investment Dealers, it confirms thatthere is no material fact or material change related to theCorporation which has not been generally disclosed. In addition tooffering the Units pursuant to the Existing Shareholder Exemption andthe Exemption for Sales to Purchasers Advised by Investment Dealers,the Units are also being offered pursuant to other availableprospectus exemptions, including sales to accredited investors. Unlessthe Corporation determines to increase the gross proceeds of theOffering, if subscriptions received for the Offering based onall available exemptions exceed the maximumOffering amount of $3,000,000, Units will be allocated pro rata among allsubscribers qualifying under all available exemptions.

The Common Shares, Warrants and Broker Warrants issuedpursuant to the Offering will be subject to a four month and one dayhold period. Completion of the Offering remains subject to theapproval of the TSX Venture Exchange.

About Stuve Gold

Stuve Gold is advancing mineral properties in Chilethat hold promising potential for gold, copper, silver, cobalt anduranium accumulations 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 Gold maybe viewed on www.sedarplus.ca or theCorporation'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 completion of the Offering and the use of proceeds ofthe Offering.   Forward-looking statements are necessarily based upona number of estimates and assumptions that, while consideredreasonable, are subject to known and unknown risks, uncertainties andother factors which may cause the actual results and future events todiffer materially from those expressed or implied by suchforward-looking statements. Such factors include, but are not limitedto: general business, economic, competitive, political and socialuncertainties; delay or failure to receive board, shareholder orregulatory approvals; the price of metals including gold, silvercopper, cobalt and uranium; and the results of exploration programs.There can be no assurance that such statements will prove to beaccurate, as actual results and future events could differ materiallyfrom those anticipated in such statements. Accordingly, readers shouldnot place undue reliance on forward-looking statements. Stuve Golddisclaims any intention or obligation to update or revise anyforward-looking statements, whether as a result of new information,future events or otherwise, 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:

Terence Walker

Phone: +56 9 5179 5902

Email: [email protected]

Or:

Al Kroontje

Phone: +1 403 607 4009

Email: [email protected]

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