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Stone Gold Inc. Announces Grant of Stock Options

Share Capital & Compensation

Stone Gold Inc. Announces Grant of Stock Options

TORONTO, Feb. 14, 2022 -- Stone Gold Inc. (TSX-V: STG) ("Stone Gold" or the "Company") announces that it has granted a

total of 1,550,000 incentive stock options of the Company to officers, directors and consultants. The options were granted

under the Company's Stock Option Plan and each stock option entitles the holder to acquire one Stone Gold common share

at an exercise price of $0.15 until February 10, 2027.

For further information, please contact:

Mr. John Timmons

President & CEO

Stone Gold Inc.

Cellular (416) 931 2243

Email: [email protected]

Web: www.stonegold.ca

Stone Gold Inc. is engaged in the acquisition, exploration and evaluation of properties for the mining of precious and base

metals in Batchewana Bay north of Sault St. Marie, Ontario, Canada

Caution Regarding Forward-Looking Information

This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties,

most of which are beyond the control of Stone Gold. Forward-looking statements include estimates and statements that

describe Stone Gold's future plans, objectives or goals, including words to the effect that Stone Gold or its management

expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes",

"anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on

assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Although these statements are based on information currently available to Stone Gold, Stone Gold provides no assurance that

actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking

information could cause actual events, results, performance, prospects and opportunities to differ materially from those

expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not

limited to, Stone Gold's objectives, goals or future plans, statements, details of the exploration results, potential

mineralization, Stone Gold's portfolio, treasury, management team and enhanced capital markets profile, the timing of the

Offering, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of

operations and estimates of market conditions. 

Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to,

failure or inability to complete the Offering, regulatory approval processes, failure to identify mineral resources, delays in

obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks,

inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability

and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in

commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and

the other risks involved in the mineral exploration and development industry, and those risks set out in Stone Gold's public

documents filed on SEDAR. Although Stone Gold believes that the assumptions and factors used in preparing the forward-

looking information in this news release are reasonable, undue reliance should not be placed on such information, which only

applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time

frames or at all. Stone Gold disclaims any intention or obligation to update or revise any forward-looking information, whether

as a result of new information, future events or otherwise, other than as required by law.  

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts

responsibility for the adequacy or accuracy of this news release.