Mr. Terence Walker reports

STUVE GOLD CORP. PROVIDES UPDATE ON PROPOSED PRIVATE PLACEMENT

Further to Stuve Gold Corp.'s news release dated Feb. 11, 2026, with respect to its proposed private placement of up to 12.5 million units for gross proceeds of up to $3-million, the corporation has determined, pursuant to the TSX Venture Exchange's part and parcel pricing rules, that the share purchase warrants comprising part of the units will entitle the holder to purchase additional common shares for a period of one year from the date of closing of the offering at a price of 38 cents per share. For further information with respect to the terms of the offering, please see the corporation's news release dated Feb. 11, 2026.

Proceeds from the offering, assuming the maximum offering, will be used to conduct exploration activities on the Las Animas property ($1-million), Stuve Gold's existing properties ($1.5-million), as well as for expenses related to the offering, for the possible acquisition of other properties, for repayment of debt obligations and for general working capital purposes (up to $500,000). If less than the maximum offering is raised, proceeds from the offering will be used first to conduct exploration activities on the Las Animas property, then on the existing properties, and then for expenses of the offering, possible acquisitions, repayment of debt obligations and general working capital purposes.

The offering is being offered to all of the existing shareholders of Stuve Gold who are permitted to subscribe pursuant to the existing shareholder exemption. This offer is open until March 27, 2026, or such other date or dates as the corporation determines and one or more closings are expected to occur, with the first closing anticipated for on or about Feb. 24, 2026.

Any existing shareholders interested in participating in the offering should contact the corporation pursuant to the contact information set forth below.

The corporation has set Feb. 12, 2026, as the record date for determining existing shareholders entitled to subscribe for units pursuant to the existing shareholder exemption. Subscribers purchasing units under the existing shareholder exemption will need to represent in writing that they meet certain requirements of the existing shareholder exemption, including that they were, on or before the record date, a shareholder of the corporation and still are a shareholder as at the closing date. The aggregate acquisition cost to a subscriber under the existing shareholder exemption cannot exceed $15,000 unless that subscriber has obtained advice from a registered investment dealer regarding the suitability of the investment.

As the corporation is also relying on the exemption for sales to purchasers advised by investment dealers, it confirms that there is no material fact or material change related to the corporation which has not been generally disclosed. In addition to offering the units pursuant to the existing shareholder exemption and the exemption for sales to purchasers advised by investment dealers, the units are also being offered pursuant to other available prospectus exemptions, including sales to accredited investors. Unless the corporation determines to increase the gross proceeds of the offering, if subscriptions received for the offering based on all available exemptions exceed the maximum offering amount of $3-million, units will be allocated pro rata among all subscribers qualifying under all available exemptions.

The common shares, warrants and broker warrants issued pursuant to the offering will be subject to a four-month-and-one-day hold period. completion of the offering remains subject to the approval of the TSX Venture Exchange.

About Stuve Gold Corp.

Stuve Gold is advancing mineral properties in Chile that hold promising potential for gold, copper, silver, cobalt and uranium accumulations exhibited by historical mining activities on, or associated with, those properties.

Stuve Gold's common shares are listed on the TSX-V under the symbol STUV.

We seek Safe Harbor.