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Snowline Gold, in Partnership with Ross River Dena Council and Yukon First Nation Education Directorate, to Provide Stop-Gap Funding to Ross River School Meals Program

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Snowline Gold (OTCQB:SNWGF) announced on October 23, 2025 a partnership with Ross River Dena Council and Yukon First Nation Education Directorate to provide temporary stop-gap funding for the Ross River Rural Nutrition school meals program.

The company committed $90,000 in total: an initial emergency $10,000 plus in-kind non-perishable food, followed by an additional $80,000 to fund a part-time cook and provide two warm school meals per day, snacks and school-break hampers for at least six months. YFNED and RRDC are appealing the federal Jordan's Principle decision and hope territorial/federal funding arrives before the six-month period ends.

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On the day this news was published, SNWGF declined 1.89%, reflecting a mild negative market reaction.

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VANCOUVER, BC / ACCESS Newswire / October 23, 2025 / SNOWLINE GOLD CORP. (TSXV:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce an agreement in partnership with Ross River Dena Council ("RRDC") and Yukon First Nation Education Directorate ("YFNED") to provide temporary, stop-gap funding to maintain the school-food aspect of Ross River's Rural Nutrition program, which provides Ross River School students with two, school-based, warm meals per day along with snacks and school-break hampers.

Snowline will provide temporary funding that will sustain this vital school food programming in Ross River. The Company has made an overall contribution commitment of $90,000. This will pay for a part-time cook and healthy school-based meals for kids at Ross River School.

In early September, when the Nutrition Program was first cancelled, the Company offered an emergency influx of $10,000 and an in-kind contribution of non-perishable foods from their seasonal camps. That led to further relationship-building and discussions which culminated in an agreement for the contribution of $80,000 which will feed kids healthy food at school for at least six months. YFNED and RRDC are hopeful that federal and territorial governments will have responded with a solution before then.

One of YFNED's most impactful programs, for the last five years, Rural Nutrition provided two healthy school-based warm meals and snacks, and school-break hampers to 13 of Yukon's communities, where food insecurity is a harsh reality, and kids regularly go hungry.

When the Rural Nutrition Program was denied its funding request by Jordan's Principle - Indigenous Services Canada, only a few weeks into the beginning of the school year, rural, Indigenous Yukon communities had to abruptly terminate their school-food program. YFNED has since been working to secure temporary, alternative funding sources and have submitted an official appeal to Jordan's Principle's decision.

QUOTES

"When the Government of Canada denied this crucial funding, our most vulnerable children suddenly had to go without reliable nutritious meals on a daily basis. Food insecurity, poverty, and hunger are very real issues in Ross River and nutrition is the basic building block for health, wellness and learning. That's why we are so relieved to have found a temporary, emergency funding source with Snowline Gold Corp."

  • Melanie Bennett, Executive Director, YFNED

"We are thankful for the contribution from Snowline Gold to get us through the school year while we wait for federal funds to be appealed. As guests on Tu Lidlini - Kaska Territory, we gratefully accept their support and acknowledge that they are meeting their obligations to our families and children. This is an example of people coming together in a good way for our children."

  • Chief Dylan Loblaw, Ross River Dene First Nation, Chair of Chiefs Committee on Education

"We are grateful for the opportunity to support the children and families of Ross River by helping maintain their school meals program. As a Yukon-grown company with primary projects in and around Kaska Dene Territory, this is a meaningful way we can honour and respect where we are and give back to the Kaska people. It's also one example of how a responsible resource industry can support stronger, healthier communities."

  • Scott Berdahl, CEO & Director, Snowline Gold Corp.

ABOUT YUKON FIRST NATION EDUCATION DIRECTORATE

Steered by a committee of Chiefs of Yukon First Nations, the Yukon First Nation Education Directorate was launched in the summer of 2020 in response to the long-overdue need for unified control over First Nations education in the territory.

YFNED is dedicated to capacity-building, systems and resources development, second-level educational programs and services enhancement, and learner supports. YFNED advances First Nation decision-making and aspirations for control over education, providing technical support, research and advice for Framework Agreement processes, and advocates for First Nation student success across the system.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory-focused gold exploration and development company with a 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.

ON BEHALF OF SNOWLINE'S BOARD

Scott Berdahl
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

Katharine Sandiford
Communications Director
Yukon First Nation Education Directorate
katharine.sandiford@yfned.ca
+1 867 333 4011

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 continued exploration of regional exploration on the Rogue Project and the Selwyn Basin. 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 amount did Snowline Gold (SNWGF) commit to the Ross River school meals program on October 23, 2025?

Snowline Gold committed $90,000 in total funding, including an initial $10,000 and a further $80,000 contribution.

How long will the $80,000 contribution from Snowline Gold (SNWGF) fund Ross River school meals?

The $80,000 contribution is expected to feed students and support the program for at least six months.

What will Snowline Gold (SNWGF) funding pay for at Ross River School?

The funding will pay for a part-time cook, two warm school-based meals per day, snacks and school-break hampers for students.

Why was Snowline Gold (SNWGF) providing emergency funding to Ross River's Rural Nutrition program in 2025?

The funding was provided after Jordan's Principle - Indigenous Services Canada denied the program's funding request, causing an abrupt program termination early in the school year.

Did Snowline Gold (SNWGF) provide any in-kind support to Ross River before the $80,000 contribution?

Yes; in early September the company provided an emergency $10,000 and an in-kind contribution of non-perishable foods from seasonal camps.

Are Ross River Dena Council and YFNED seeking other funding after Snowline Gold's contribution?

Yes; YFNED and RRDC have submitted an official appeal to Jordan's Principle and hope federal or territorial funding will be secured before the six-month period ends.
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