Stuve Gold Completes Private Placement to Fund Chilean Exploration and Growth

Calgary, Alberta — June 26, 2026 — Stuve Gold Corp. (TSXV: STUV) has announced the completion of its private placement, raising almost $2 million to support exploration and acquisition activities. The Calgary-based mineral exploration company issued 6,450,000 common shares at $0.31 each, generating gross proceeds of $1,999,500, subject to final approval from the TSX Venture Exchange.

The private placement involved no cash commissions or finder's fees, and the shares issued are subject to a four-month and one-day hold period. The company noted that the private placement remains contingent upon exchange approval. The funds will be used to fund general administrative expenses, advance exploration on certain properties, and potentially acquire additional mineral assets.

An early warning report was filed by Deutsche Rohstoff AG, which acquired 6,450,000 common shares in the transaction, representing 15.44% of the company's issued and outstanding shares. Prior to the private placement, Deutsche Rohstoff held no shares in Stuve Gold. The German company acquired the securities for investment purposes and may buy or sell additional shares as deemed appropriate, in accordance with securities laws.

Stuve Gold's exploration activities focus on mineral properties in Chile, where promising deposits of gold, copper, silver, and cobalt have been identified through historical mining. The company is traded on the TSX Venture Exchange under the symbol 'STUV'. Further information about the company is available on its website and SEDAR profile.

This release contains forward-looking statements regarding the final approval of the private placement and the use of proceeds. These statements are based on estimates and assumptions that involve risks and uncertainties, including market conditions, regulatory approvals, and exploration results. Actual outcomes may differ materially from expectations, and the company disclaims any obligation to update forward-looking statements except as required by law.

For more information, contact the company's interim CEO, Al Kroontje, at (403) 607-4009 or via email at al@slgold.ca.

Source: Stuve Gold