Stakeholder Gold Corp. announced closing of a non-brokered private placement of up to 90,000 flow through units at a price of CAD 0.50 per flow through units and up to 110,000 hard dollar investment at a price of CAD 0.5 hard dollar investment for aggregate proceeds of up to CAD 100,000 on February 10, 2023. Each unit will consist of one common share and one half of one common share purchase warrant.

Each unit will entitle the holder to purchase one non flow through common share at a price of CAD 0.80 during the period of 24 months from the closing date of the transaction. The transaction included participation from one insider investor for 40,000 units for CAD 20,000. The transaction is subject to the approvals required by the parties, including that of TSX venture Exchange.