Mr. Al Kroontje reports

STUVE GOLD CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT OF COMMON SHARES

Further to Stuve Gold Corp.'s news release dated June 4, 2026, the company has completed the previously announced private placement and has issued 6.45 million common shares in the capital of the corporation at a price of 31 cents per common share, for aggregate gross proceeds of $1,999,500.

The corporation intends to use the proceeds from the private placement to finance continuing general and administrative expenses, the advancement of exploration activities on certain of the corporation's properties, and potential additional property acquisitions.

No cash commission or finder's fee were paid in connection with the private placement. The common shares issued pursuant to the private placement are subject to a four-month-and-one-day hold period. completion of the private placement remains subject to the final acceptance of the TSX Venture Exchange.

Early warning disclosure

Deutsche Rohstoff AG will file an early warning report under National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with its participation in the private placement.

Immediately prior to the closing of the private placement, Deutsche Rohstoff held no common shares. Immediately after the closing of the private placement, Deutsche Rohstoff held 6.45 million common shares representing 15.44 per cent of the issued and outstanding common shares.

Deutsche Rohstoff acquired these securities for investment purposes and may, from time to time, acquire additional securities of the corporation or dispose of such securities as it may deem appropriate, subject to applicable securities laws. For the purposes of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues early warning reporting, the address of Deutsche Rohstoff is Q7, 24, Mannheim, Germany, 68161.

A report respecting this acquisition will be filed with the applicable securities commissions using the Canadian System for Electronic Document Analysis and Retrieval (SEDAR+) and will be available for viewing on the corporation's profile.

About Stuve Gold Corp.

Stuve Gold is engaged in advancing mineral properties in Chile that exhibit promising potential for gold, copper, silver and cobalt as a result of historical mining activities on, or associated with, those properties.

We seek Safe Harbor.