Snowline Gold Corp. filed a short form prospectus dated August 28, 2025, to qualify a public offering of 8,888,900 common shares at $9.00 each, for gross proceeds of $80,000,100. The offering was made under an agreement dated August 20, 2025, with a syndicate led by Canaccord Genuity Corp. and BMO Nesbitt Burns Inc., joined by Cormark Securities Inc., First Nations Financial Markets LP, National Bank Financial Inc., CIBC World Markets Inc., and Scotia Capital Inc.

On September 4, 2025, the company closed the offering, including full exercise of the 1,333,300-share over-allotment option, raising total gross proceeds of $91,999,800. A concurrent non-brokered private placement to B2Gold Corp. raised an additional $10,108,746 through the sale of 1,123,194 shares, enabling B2Gold to maintain its 9.9% stake.

Combined gross proceeds from the offering and private placement total $102,108,546. Net proceeds will be used to advance exploration and development of the Valley deposit and broader Rogue Project in the Yukon, as well as for working capital. The offering was completed by prospectus in British Columbia, Alberta, Ontario, and New Brunswick, and via private placement in the United States. Legal counsel on the transaction is Cassels Brock & Blackwell LLP for Snowline and Blake, Cassels & Graydon LLP for the underwriters. Completion of the offering remained subject to customary conditions and approvals.