Mr. Scott Berdahl reports
SNOWLINE GOLD ANNOUNCES RESULTS OF 2025 AGM
Snowline Gold Corp. has released the results of voting at its annual general meeting of shareholders held Aug. 12, 2025.
A total of 89,992,054 common shares were voted, representing 51.6 per cent of total shares issued and outstanding as at the record date of the meeting. Shareholders voted in favour of all items put forward by the company. As a result:
- The number of directors was set at six with the following nominees re-elected as directors: Craig Hart, Scott Berdahl, Calum Morrison, Sarah Weber and Gilbert Lawson; and Rob Doyle was elected as director.
- Crowe MacKay LLP was reappointed as auditor of the company for the ensuing year.
- The company's omnibus incentive plan was reapproved.
- The company adopted new articles.
Grant of deferred share units (DSUs)
Snowline also announces that it has granted a total of 15,000 DSUs to a director pursuant to its omnibus incentive plan. The DSUs vest immediately upon grant and are payable upon the holder ceasing to be a director of the company.
About Snowline Gold Corp.
Snowline Gold is a Yukon-focused gold exploration and development company with an eight-project portfolio covering roughly 360,000 hectares (3,600 square kilometres). The company is advancing its Valley deposit -- a large, low-strip, near surface, greater-than-one-gram-per-tonne-gold bulk-tonnage gold system located in 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 of 7.94 million ounces gold at 1.21 grams per tonne gold measured and indicated (in 204.0 million tonnes) and an additional 890,000 ounces gold inferred at 0.62 gram per tonne gold (in 44.5 million tonnes), with a cut-off grade of 0.3 gram per tonne gold. Results of a 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, entitled "Independent Preliminary Economic Assessment for the Rogue Project, Yukon, Canada," dated July 30, 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 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.
Qualified person
Information in this release has been prepared under supervision of and approved by Sergio Gamonal, MSc, PGeo, chief geologist for Snowline Gold, as qualified person for the purposes of NI 43-101.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.