Solstice Gold Corp. announced a non-brokered private placement to issue units for the gross proceeds of CAD 420,000 on July 18, 2023. The Offering consists of units of the National Units at a price of CAD 0.04 per National Unit, each National Unit comprised of one common share of the and one half warrant where one full warrant is exercisable for one common share of the Company at CAD 0.06 for 12 months from the closing date of the Offering, Ontario units at a price of CAD 0.05 per Ontario Unit, each Ontario Unit comprised of one common share and one half Warrant; and units at a price of CAD 0.035 per Unit, each Unit comprised of one common share of the Company and one half Warrant.

The closing of the Offering is expected to occur on or about August 7, 2023 and is subject to receipt of all applicable regulatory approvals, including the approval of the TSX Venture Exchange (the ?TSXV?). All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the Closing Date and all securities with a price of less than CAD 0.05 will be subject to a TSXV hold period. The transaction was led by members of the management team and board of directors.

The company has issued a total of 12,500,000 units.