STLLR Gold Announces Closing of C$36.6 Million Private Placement Financing

Core Viewpoint - STLLR Gold Inc. has successfully closed a private placement financing for total gross proceeds of C$36,613,902, aimed at advancing its Tower Gold and Hollinger Tailings projects in the Timmins Mining Camp [1][8] Financing Details - The financing consists of multiple components, including: - 2,790,200 Premium FT Shares sold at C$1.792 for gross proceeds of C$5,000,038.40 - 3,246,800 FT Shares sold at C$1.54 for gross proceeds of C$5,000,072 - 5,166,026 Hard Dollar Shares sold at C$1.28 for gross proceeds of C$6,612,513.28 - 11,719,000 Best Efforts Shares sold at C$1.28 for gross proceeds of C$15,000,320 - 3,907,000 Concurrent Shares sold at C$1.28 for gross proceeds of C$5,000,960 [2][5] Insider Participation - Certain insiders participated in the offering, which is classified as a "related party transaction" under Multilateral Instrument 61-101 - Eric Sprott increased his ownership to approximately 15% and Agnico Eagle increased its stake to approximately 11% through their participation [2][3] Use of Proceeds - Gross proceeds from the Premium FT Shares and FT Shares will be allocated to Canadian exploration expenses qualifying as flow-through mining expenditures, to be incurred by December 31, 2026 [4] - Net proceeds from Hard Dollar Shares, Best Efforts Shares, and Concurrent Shares will be used for operating expenses and general corporate purposes [5] Company Overview - STLLR Gold Inc. is a Canadian gold development company focused on advancing high-potential gold projects, including the Tower Gold Project and the Hollinger Tailings Project in Ontario, and the Colomac Gold Project in Northwest Territories [8]