Solstice Gold Boosts Exploration with $1.12M Funding, Leveraging Tax Benefits

NEW YORK, NY – November 21, 2025

Tax-Efficient Funding Drives Ontario Gold Exploration

Solstice Gold Corp. has successfully closed a private placement, raising gross proceeds of $1.12 million (C$1.1 million) to advance exploration efforts at its flagship Strathy Gold Project in Ontario. The financing, which includes a significant portion of flow-through shares, underscores the growing trend of utilizing tax-advantaged investment structures to fund early-stage resource exploration.

The company intends to use the funds for a follow-up drill program at the Red Cedar Discovery within the Strathy Project, as well as for general corporate purposes. The decision to leverage flow-through shares is a strategic one, tapping into a unique Canadian investment mechanism that allows investors to deduct exploration expenses from their taxable income, effectively reducing the financial risk associated with junior mining ventures.

“The flow-through share structure is becoming increasingly vital for junior exploration companies,” explained one industry analyst. “It’s a way to access capital that wouldn’t otherwise be available, by offering investors a tangible tax benefit.” This approach has proven particularly effective in attracting investment in a challenging market, where securing funding for high-risk, high-reward projects can be difficult.

Untapped Potential: Advancing the Strathy Gold Project

The Strathy Gold Project, located in the Temagami Greenstone Belt, represents a potentially significant asset for Solstice Gold. Recent exploration results, including an intercept of 8.52 g/t Au over 3.5 meters at the Red Cedar Discovery, have demonstrated promising mineralization and highlighted the project's potential. The discovery, made in a previously untested area, has opened up new avenues for exploration and suggests that the project may hold a substantial, yet-to-be-defined gold deposit.

Beyond the Red Cedar Discovery, the Strathy Project boasts a history of high-grade gold mineralization, with historic intercepts of 5.00 g/t Au over 7.28 meters and 7.66 g/t Au over 7.25 meters. These results, combined with the ongoing exploration program, are building a compelling case for the project's long-term viability. The company has recently expanded its land holdings at Strathy by 50%, demonstrating its commitment to unlocking the project’s full potential.

“The geology at Strathy is highly prospective,” noted a geologist familiar with the project. “The combination of favorable rock formations, structural controls, and historical mineralization makes it a compelling exploration target.” The Temagami Greenstone Belt, part of the Abitibi Subprovince, is a renowned gold-producing region, further bolstering the project's appeal.

Navigating a Competitive Landscape and Regional Impacts

Solstice Gold operates within a competitive landscape in Ontario’s gold mining sector. Major players like Agnico Eagle Mines Limited and Kinross Gold are actively exploring and developing projects in the region, creating both opportunities and challenges for junior exploration companies. To succeed, Solstice Gold must demonstrate a clear exploration strategy, efficient capital allocation, and a commitment to responsible environmental practices.

“Ontario is a highly sought-after jurisdiction for gold exploration,” explained one mining executive. “The combination of geological potential, established infrastructure, and a supportive regulatory environment makes it an attractive destination for investment.”

The Strathy Gold Project is located in the Temagami region, where economic development is a priority. Successful exploration and potential mining operations could have a significant positive impact on the local economy, creating jobs, boosting local businesses, and generating tax revenues. The company is actively engaging with local stakeholders, including Indigenous communities, to ensure that its operations are conducted in a sustainable and responsible manner. The Temagami Region Economic Development Corporation is eager to support sustainable investment and the development of local skills, as well as ensure the protection of the environment and cultural heritage.

“The potential for economic development in the Temagami region is substantial,” noted a local economic development officer. “Responsible mining projects can create significant benefits for the community, provided they are conducted in a sustainable and equitable manner.”

Solstice Gold's recent funding and exploration efforts are a testament to the potential of Ontario’s gold sector, as well as the crucial role that innovative financing structures like flow-through shares play in enabling exploration and driving economic growth.