Snowline Announces Conditional Approval To Graduate To The Toronto Stock Exchange

Rhea-AI Summary

Snowline (US OTCQB: SNWGF) announced on November 3, 2025 that it has received conditional approval to graduate from the TSX Venture Exchange and list its common shares on the Toronto Stock Exchange (TSX).

Final listing requires Snowline to meet customary TSX conditions, including receipt of required documentation, and the company said it will issue a follow-up press release when the TSX confirms the expected trading commencement date. Once listed on the TSX, the common shares will be delisted from the TSXV; shareholders do not need to exchange certificates and the trading symbol and CUSIP will remain unchanged.

Positive

• Conditional TSX approval received on November 3, 2025
• Shareholders no action required; symbol and CUSIP unchanged
• Planned TSX listing will delist shares from TSXV upon commencement

Negative

• Final TSX listing remains conditional on meeting customary documentation requirements

VANCOUVER, BC / ACCESS Newswire / November 3, 2025 / SNOWLINE GOLD CORP. (TSX-V:SGD)(US OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") and graduate from the TSX Venture Exchange ("TSXV"). Final approval of the listing is subject to the Company meeting certain customary requirements of the TSX, including receipt of all required documentation.

The Company will issue a press release once the TSX confirms the date when trading of Snowline's common shares is expected to commence on the TSX.

Once listed on the TSX, the Company's common shares will be delisted from the TSXV. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares.

"This is a significant milestone for the Company, and we are thrilled to have received conditional approval to list on the TSX," said Scott Berdahl, CEO & Director of Snowline. "We expect this listing to enhance our visibility, broaden our investor base, increase liquidity, and provide eligibility for potential index inclusion. This move reflects our rapid progress to derisk our business as well as the high-quality nature of our flagship Valley gold deposit, which is emerging as a globally relevant project."

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration and development company with mineral claim portfolio covering roughly 360,000 ha (3,600 km²). The Company is advancing its Valley gold deposit-a large, low-strip, near surface, >1 g/t Au bulk tonnage gold system located in the eastern Yukon-while continuing regional exploration of surrounding targets on the Rogue Project and the broader district in the highly prospective yet underexplored Selwyn Basin.

Valley hosts an open mineral resource estimate ("MRE") of 7.94 million ounces gold at 1.21 g/t Au in the Measured and Indicated categories (3.15 million ounces gold at 1.41 g/t Au Measured mineral resources and 4.79 million ounces gold at 1.11 g/t Au Indicated mineral resources) and an additional 0.89 million ounces gold at 0.62 g/t Au in the Inferred category¹. Results of a preliminary economic assessment ("PEA") of Valley suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by the recent technical report for Rogue, prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") standards, entitled "Independent Preliminary Economic Assessment for the Rogue Project Yukon, Canada," dated August 27, 2025, with an effective date of March 1, 2025 and available on SEDAR+ and the Company's website.

Snowline's project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits across the central Yukon and Alaska. The Company's comprehensive first-mover position and extensive exploration database provide a distinct competitive advantage and a unique opportunity for investors to be part of multiple discoveries, the advancement of a significant gold deposit, and the creation of a new gold district.

¹Mineral resources are not mineral reserves and do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by metal prices, economic factors, environmental, permitting, legal, title, or other relevant issues.

QUALIFIED PERSON

Information in this news release has been prepared under supervision of and approved by Thomas Branson, M.Sc., P. Geo., Vice President Exploration for Snowline, as Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD

Scott Berdahl
CEO & Director

For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements regarding the expected listing of the Company's common shares on the TSX and expected delisting from the TSXV, the mineral resource estimates and the creation of a new gold district. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SOURCE: Snowline Gold Corp.

View the original press release on ACCESS Newswire

FAQ

What did Snowline (SNWGF) announce on November 3, 2025 about TSX listing?

Snowline announced it received conditional approval to list on the TSX and graduate from the TSXV.

Will Snowline shareholders (SNWGF) need to exchange share certificates for the TSX listing?

No. Shareholders are not required to exchange certificates or take action; symbol and CUSIP remain unchanged.

When will SNWGF start trading on the TSX?

The company will issue a press release once the TSX confirms the expected trading commencement date.

What conditions must Snowline meet before the TSX listing becomes final for SNWGF?

Final approval is subject to customary TSX requirements, including receipt of all required documentation.

What happens to Snowline shares on the TSXV after SNWGF lists on the TSX?

Once listed on the TSX, Snowline's common shares will be delisted from the TSXV.

How did Snowline's management describe the expected benefits of the TSX listing for SNWGF?

Management said the listing is expected to enhance visibility, broaden the investor base, increase liquidity, and enable potential index eligibility.