STLLR Gold Announces Closing of C$36.6 Million Private Placement Financing

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Toronto, Ontario--(Newsfile Corp. - October 15, 2025) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") is pleased to announce it has closed its previously announced private placement financing for aggregate gross proceeds of C$36,613,902 comprised of the following components:

• a "bought deal" private placement led by Paradigm Capital Inc. ("Paradigm") and SCP Resource Finance LP ("SCP") comprised of:

• 2,790,200 common shares in the capital of the Company ("Common Shares") that qualify as flow-through shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) sold on a charitable flow-through basis (the "Premium FT Shares") at a price of C$1.792 per Premium FT Share for gross proceeds of C$5,000,038.40;
• 3,246,800 Common Shares that qualify as flow-through shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) sold on a flow-through basis (the "FT Shares") at a price of C$1.54 per FT Share for gross proceeds of C$5,000,072; and
• 5,166,026 Common Shares, which included a partial exercise of the underwriters' option (the "Hard Dollar Shares") (which for greater certainty do not qualify as "flow-through shares") at a price of C$1.28 per Hard Dollar Share for gross proceeds of C$6,612,513.28, and together with the gross proceeds from the Premium FT Shares and FT Shares, representing aggregate gross proceeds of C$16,612,623.68 (the "Bought Private Placement");

• a brokered private placement on a commercially reasonable "best efforts" agency basis led by Paradigm of 11,719,000 Common Shares (the "Best Efforts Shares") (which for greater certainty do not qualify as "flow-through shares") at a price of C$1.28 per Best Efforts Share for gross proceeds of C$15,000,320 (the "Best Efforts Private Placement"); and

• a non-brokered private placement to Agnico Eagle Mines Limited ("Agnico Eagle") of 3,907,000 Common Shares (the "Concurrent Shares") (which for greater certainty do not qualify as "flow-through shares") at a price of C$1.28 per Concurrent Share for gross proceeds of C$5,000,960 (the "Non-Brokered Private Placement", and together with the Bought Private Placement and the Best Efforts Private Placement, the "Offering").

As a result of the Offering: