Snowline Gold Announces Filing of Short Form Prospectus

Rhea-AI Summary

Snowline Gold (OTCQB:SNWGF) has filed a final short form prospectus in Alberta, British Columbia, Ontario, and New Brunswick provinces. The prospectus relates to the company's previously announced "bought deal" public offering of common shares from August 14, 2025.

Additionally, the company is filing an amended technical report for the Preliminary Economic Assessment of its 100%-owned Valley gold deposit at the Rogue Project in Yukon Territory. While the economic analysis remains preliminary and unchanged, Snowline is progressing toward a Pre-Feasibility Study to determine the project's technical and economic viability, including mineral reserve estimates.

Positive

• None.

Negative

• Preliminary Economic Assessment cannot yet demonstrate economic viability
• Share offering may lead to dilution of existing shareholders

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

VANCOUVER, BC / ACCESS Newswire / August 29, 2025 / SNOWLINE GOLD CORP. (TSXV:SGD)(US OTCQB:SNWGF) (the "Company") is pleased to report that it has filed and been receipted for a (final) short form prospectus (the "Prospectus") in the provinces of Alberta, British Columbia, Ontario and New Brunswick. The Prospectus was filed in connection with the Company's previously announced "bought deal" public offering of common shares as described in the Company's news release dated August 14, 2025 (the "Offering").

Delivery of the Prospectus and any amendment thereto will be satisfied in accordance with the "access equals delivery" provisions of applicable securities legislation. The Prospectus is accessible under the Company's issuer profile on SEDAR+ (www.sedarplus.ca).

An electronic or paper copy of the Prospectus and any amendment may be obtained, without charge, from Canaccord Genuity Corp. ("Canaccord") by email at ecm@cgf.com by providing Canaccord with an email address or address, as applicable.

In conjunction with the filing of the Prospectus, the Company is filing an amended technical report supporting the Preliminary Economic Assessment for its Valley gold deposit ("Valley") on its 100%-owned Rogue Project in Canada's Yukon Territory (the "Technical Report"). The Company notes that the economic analysis within the Technical Report is preliminary in nature and cannot demonstrate economic viability, and the related disclosure has been updated in certain sections of the Technical Report. No changes have been made to the assumptions or economic outputs in the Technical Report. The Company is currently advancing towards a Pre-Feasibility Study ("PFS"), which will outline the technical and economic viability of the Rogue Project, including an estimate of mineral reserves.

ABOUT SNOWLINE GOLD CORP.

Snowline 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.

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.

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 with respect to the Company advancing towards a PFS which will outline the technical and economic viability of the Rogue Project, including an estimate of mineral reserves, and the creation of a new mineral 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 is the purpose of Snowline Gold's (SNWGF) short form prospectus filing in August 2025?

The prospectus was filed to support the company's previously announced 'bought deal' public offering of common shares in Alberta, British Columbia, Ontario, and New Brunswick provinces.

Where is Snowline Gold's (SNWGF) Valley gold deposit located?

The Valley gold deposit is part of the company's 100%-owned Rogue Project located in Canada's Yukon Territory.

What is the current status of Snowline Gold's (SNWGF) Valley deposit economic assessment?

The company has an amended technical report with a Preliminary Economic Assessment, which is preliminary in nature. They are progressing toward a Pre-Feasibility Study to determine technical and economic viability.

How can investors access Snowline Gold's (SNWGF) prospectus?

The prospectus is accessible through the company's profile on SEDAR+ (www.sedarplus.ca) or can be obtained from Canaccord Genuity Corp. by email at ecm@cgf.com.

What changes were made to Snowline Gold's (SNWGF) technical report in August 2025?

While certain sections of the technical report's disclosure were updated, no changes were made to the assumptions or economic outputs in the Technical Report.