Stakeholder Gold Closes Two Tranches of Flow-Through Financing
Executive Summary
The financing positions Stakeholder to execute its 2026 exploration program at the Ballarat Gold-Copper Project, strategically located in the heart of Yukon's White Gold District. CEO Christopher Berlet indicated the company is now fully funded to drill high-priority targets including the Skye and East gold zones and the Loki copper zone following spring snow melt. The exploration targets are separated by approximately 8 kilometers and lie on either side of the proposed Northern Gateway Road route.
The Ballarat project encompasses 930 contiguous mineral claims covering 18,520 hectares and spanning 20 kilometers of the proposed Northern Gateway Road route through the geographical center of the White Gold District. Additionally, Stakeholder maintains 10 claims within the adjacent Coffee Mine Project being developed by Fuerte Metals Corp. This substantial land position provides significant exploration upside in one of Canada's most prospective gold districts.
The flow-through structure of the financing provides tax advantages to investors while ensuring proceeds are dedicated to eligible Canadian exploration expenditures, including critical mineral exploration expenses. The company plans to incur qualifying expenditures and renounce them to subscribers effective December 31, 2026, subject to final TSX Venture Exchange approval.
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