Stuve Gold Corp announced a non-brokered private placement of up to 6,000,000 units at a price of CAD 0.20 per unit for aggregate gross proceeds of up to CAD 1,200,000 on April 22, 2021. Each unit will be comprised of one common share of the corporation together with one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share for a period of two years at a price of CAD 0.35 per common share. Existing insiders of the company intend to participate in the transaction. The company may pay a cash commission or finder's fee of up to 7% of the gross proceeds from the sale of common shares. The transaction is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange. The common shares, warrants and broker warrants issued will be subject to a four month hold period from the date of the closing of the transaction.