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Snowline Gold Closes Fully Subscribed C$20 Million Financing Of Flow-Through Shares

1. Snowline Gold Corp. completed a C$20 million flow-through share placement. 2. Funds from the offering may stimulate market interest in junior gold stocks.

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FAQ

Why Neutral?

The capital raised by Snowline could indirectly affect BTG, but depends on broader market reactions. Historical trends show junior miners can influence sentiment but aren't directly correlated.

How important is it?

While the funding is significant for Snowline, its indirect impact on BTG's movement is uncertain and moderate. The flow-through aspect might attract investors temporarily but lacks direct influence on BTG’s fundamentals.

Why Short Term?

Immediate market actions are likely, but any effects on BTG will be transient. Previous similar announcements have shown only temporary fluctuations in related stocks.

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BTGSGDGOLD
Not for distribution to the United States newswire services or for dissemination in the United States VANCOUVER, BC / ACCESS Newswire / April 3, 2025 / Snowline Gold Corp. (TSX-V:SGD)(OTC:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has completed its previously announced "bought deal" private placement of 1,875,000 charity flow-through common shares of the Company (the "FT Shares") at a price of C$10.68 per FT Share (the "Offering Price") for aggregate gross proceeds of C$20,025,000 (the "Offering"). Each FT Share will qualify as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act")).

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