STLLR Gold Announces Upsize of Bought Deal Private Placement

Core Viewpoint - STLLR Gold Inc. has successfully amended its agreement with Paradigm Capital Inc. and SCP Resource Finance LP to increase the size of its private placement offering to raise gross proceeds of C$15,760,110.40 due to strong investor demand [1] Group 1: Offering Details - The upsized offering includes the sale of 2,790,200 Premium FT Shares at C$1.792 each for gross proceeds of C$5,000,038.40, 3,246,800 FT Shares at C$1.54 each for gross proceeds of C$5,000,072, and 4,500,000 Hard Dollar Shares at C$1.28 each for gross proceeds of C$5,760,000, totaling C$15,760,110.40 [8] - The offering will be subject to a restricted hold period of four months and one day following the closing [3] - The underwriters will receive a cash commission of 6% of the gross proceeds upon closing [3] Group 2: Use of Proceeds - The gross proceeds from the issuance of the Bought Shares will be used to incur "Canadian exploration expenses" that qualify as "flow-through mining expenditures" under the Income Tax Act (Canada) [5] - The net proceeds from the sale of Hard Dollar Shares will be allocated for non flow-through eligible operating expenses and general corporate purposes [6] Group 3: Closing and Regulatory Approvals - The upsized offering is expected to close on or about October 15, 2025, subject to necessary corporate and regulatory approvals, including those from the Toronto Stock Exchange [7] - The company anticipates that insiders may participate in the offering, which would constitute a "related party transaction" under Multilateral Instrument 61-101 [9]