Snowline Gold Announces Strategic Private Placement with B2Gold

Snowline Gold Corp. has confirmed a non-brokered private placement in collaboration with B2Gold Corp., one of its key shareholders. B2Gold will sustain its 9.9% stake through the acquisition of up to 1,123,194 common shares at C$9.00 each, potentially raising C$10,108,746. The funds will advance Snowline's Yukon projects, contributing to working capital and corporate goals.

The placement is slated to conclude around September 4, 2025, pending regulatory approvals, including the TSX Venture Exchange's consent. This initiative showcases B2Gold's endorsement of Snowline's Valley gold deposit and broader Yukon's mineral portfolio. However, the transaction excludes U.S. jurisdiction, adhering to specific securities laws.