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Stakeholder Gold Corp (3)
Symbol SRC
Shares Issued 24,903,912
Close 2026-06-10 C$ 1.65
Market Cap C$ 41,091,455
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Stakeholder Gold lands 50% interest in quartzite quarry

2026-06-10 17:58 ET - News Release

Mr. Marcus Chase reports

STAKEHOLDER COMMISSIONS NEW QUARRY IN BRAZIL

Stakeholder Gold Corp.'s wholly owned subsidiary, Mineracao VMC Ltda., has entered into an agreement to purchase a 50-per-cent interest and to operate a fully licensed quarry in Uruoca, Ceara, Brazil. The newly acquired quarry is producing a high-demand quartzite material known commercially as Taj Mahal.

Taj Mahal is a premium quartzite prized for its durability, aesthetic appeal and consistency and has become one of the most sought-after natural stone products globally. Producers are currently unable to meet market demand and Stakeholder is pleased to report that several key clients have already placed preorders reflecting strong and immediate buyer interest.

"Our new quarry represents an opportune expansion of the company's exotic stone business in Brazil. Demand for this material is very strong and early preorders indicate the commercial opportunity ahead. VMC is now positioned to become a key supplier of this material into a rapidly growing segment of the natural stone market. The new operation will be VMC's fourth operating quarry in Brazil. This acquisition is expected to significantly increase VMC's revenue in 2026 and beyond and to create a substantial multiplier effect on sales from the company's other operating quarries. We look forward to moving quickly and to delivering value for our shareholders," stated Marcus Chase, president of VMC.

Terms

Under the terms of the agreement, VMC will acquire 50-per-cent ownership interest in the fully licensed operating quarry producing Taj Mahal material. The purchase price for this 50-per-cent ownership interest is three million Brazilian reais ($763,500), of which 900,000 Brazilian reais ($229,050) will be satisfied by way of financing excavating equipment which will be utilized directly in quarry operations. A cash payment of 100,000 Brazilian reais ($25,450) was made at the time of signing and a further 600,000 Brazilian reais ($152,700) is payable within two years of signing the agreement. There is no interest applicable to this deferred payment.

The final balance of 1.4 Brazilian reais ($355,300) is payable by VMC over the life of the quarry and may be repaid at any time without interest. This provides VMC with enhanced financial flexibility during the development and scaling of operations. Site expansion is now expected to take between two and four months, after which the new quarry is anticipated to transition into full-scale commercial production at a rate of 200 cubic metres per month.

"Stakeholder is developing a profitable stone business in Brazil with a view to minimizing share issuance and shareholder dilution, while concurrently conducting exploration on the company's 100-per-cent-owned high-value exploration targets located on the Ballarat gold-copper project in the geographical centre of the White gold district of the Yukon Territory, Canada," stated Christopher Berlet, chief executive officer and director of Stakeholder Gold. "This strategy is designed to achieve the maximum possible share price rerating with successful discovery."

About Stakeholder Gold Corp.

Stakeholder holds 100% ownership of 1,140 contiguous mineral claims covering 22,700 hectares and spanning 20 km of the Coffee Mine Project's "Northern Access Route NAR" which is being developed through the geographical center of the White Gold District of the Yukon Territory, Canada. Stakeholder also maintains in good standing 10 claims located inside the adjacent Coffee Mine Project which is being developed by Fuerte Metals Corp. These combined claim holdings are referred to collectively as the Ballarat gold-copper project.

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