Leading Strategic Junior Mining Investor Michael Gentile Increases Stake in Solstice Gold to 16.76%, Becomes Largest Shareholder
Leading Strategic Junior Mining Investor Michael Gentile Increases Stake in Solstice Gold to 16.76%, Becomes
Largest Shareholder
VANCOUVER, Brit ish Columbia, January 20, 2025 - Solstice Gold Corp. (TSXV: SGC) (“ Solstice”, “we”, “our” or the
“Company”) is pleased to announce that Michael Gentile has increased his ownership stake in the Company to 16.76% via
an open market share purchase to become the Company’s largest shareholder . Company ownership by the Board of
Directors now sits at 38.80%.
Mr. Gentile is considered one of the leading strategic investors in the junior mining sector, owning significant top five
ownership stakes in over 20 small-cap mining and mining exploration companies.
In addition to being a director of Solstice, he is currently a director of Northern Superior Resources (TSX-V: SUP), OnGold
(TSX-V: ONAU), Radisson Mining Resources (TSX-V: RDS), Roscan Gold (TSX-V: ROS), Group Eleven Resources (TSX-V: ZNG),
and a Strategic Advisor to Northisle Copper and Gold (TSX-V: NCX).
Pablo McDonald, Solstice CEO stated, "On behalf of the Company and its minority shareholders, we are very pleased to
see such a strong show of support from Michael to increase his stake in Solstice to become our largest shareholder.
Michael is an accomplished leader in the junior mining sector whose exceptional track record in invest ing in and
developing junior miners speaks for itself. His recent acquisitions to increase his position to 16.76% ownership shows that
he recognizes of the value and upside that Solstice holds."
Mr. Gentile stated, “I decided to increase my holdings in Solstice in part because the recently acquired Strathy Gold Project
is an especially exciting land package in the Abitibi Subprovince, where recent IP results show that anomalies have large
scale potential in undrilled areas that are structurally linked to significant gold intercepts. This is a rarity in the Abitibi and
presents the opportunity for significant discovery.
Beyond the Strathy Gold Project Solstice Gold holds an attractive portfolio of district-scale grassroots projects such as their
Qaiqtuq Gold Project in Nunavut which spans 662 sq km and is located only 7km from the Meliadine Gold Mine owned by
Agnico Eagle Mines and the Company’s extensive and strategically located land holdings in Ontario. At the currently
depressed market cap of only 3 million dollars, these projects have the potential to lead to exceptional value creation for
shareholders."
About Solstice Gold Corp.
Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. Our
41 km2 Strathy Gold Project hosts high grade gold mineralization over a wide area straddling two NE -SW-trending
structures. It is located in the Abitibi Subprovince of the Superior Craton and has never been systematically explored in its
history. A recent 17.5 line km Alpha IP survey defines 50 new targets on SGC claims . Large, continuous IP anomalies are
structurally linked to areas of significant gold intercepts and are largely untested, presenting the opportunity for significant
discovery.
Our Qaiqtuq Gold Project which covers 662 km2, hosts a 10 km2 high grade gold boulder field, is fully permitted and hosts
multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the
Meliadine Gold Mine owned by Agnico Eagle Mines Limited.
Our district-scale Atikokan Gold Project is approximately 2 6 km from the Hammond Reef Gold Project owned by Agnico
Eagle Mines Limited. Our 194 km 2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern
extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by
Evolution Mining.
An extensive gold and battery metal royalty and property portfolio of over 80 assets was purchased in October 2021. Well
over $2.5 million in value and three new royalties have been generated since the acquisition.
Solstice is committed to responsible exploration and development in the communities in which we work. For more details
on Solstice Gold, our exploration projects and details on our recently acquired portfolio of projects please see our
Corporate Presentation available at www.solsticegold.com.
Solstice’s Chairman, David Adamson, was a co-award winner for the discovery of Battle North Gold Corporation's Bateman
Gold deposit and was instrumental in the acquisition of many of the district properties in the Battle North portfolio during
his successful 16 years of exploration in the Red Lake.
Sandy Barham, M.Sc., P.Geo., Senior Geologist, is the Qualified Person as defined by NI 43-101 standards responsible for
reviewing and approving the technical disclosures of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On Behalf of Solstice Gold Corp.
Pablo McDonald, Chief Executive Officer
For further information on Solstice Gold Corp., please visit our website at www.solsticegold.com or contact:
Phone: (604) 283-7234
Forward-Looking Statements and Additional Cautionary Language
This news release contains certain forward-looking statements (“FLS”) including, but not limited to that the geological and
structural setting at the Strathy Gold Project is highly prospective for gold mineralization, that further evaluation the of
the Project will lead to increased valuation, and prospectivity at the Qaiqtuq Project is in anyway similar to the Meliadine
Mine. FLS can often be identified by forward -looking words such as “approximate or (~)”, “emerging”, “goal”, “plan”,
“intent”, “estimate”, “expects”, “potential”, “scheduled”, “may” and “will” or similar words suggesting future outcomes
or other expectations, be liefs, plans, objectives, assumptions, intentions or statements about future events or
performance. In respect of the FLS, the Company has made certain assumptions that management believes are reasonable
at this time. The assumptions include that the Company will have sufficient financial resources for sampling and
prospecting this year, that gold discoveries will be to the level anticipated however, there can be no assurance that such
assumptions and statements will prove to be accurate and actual results could differ materially from those anticipated in
such statements. Factors that could cause actual results to differ materially from any FLS include, but are not limited to,
limited capital or access to additional capital for prospecting, delays in obtaining or failures to obtain required TSXV,
governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity
prices, delays in the development of projects, regulatory approvals and other factors. FLS are subject to risks, uncertainties
and other factors that could cause actual results to differ materially from expected results.
Potential shareholders and prospective investors should be aware that these statements are subject to known and
unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested
by the FLS. Shareholder s are cautioned not to place undue reliance on FLS. By their nature FLS involve numerous
assumptions, inherent risks and uncertainties, both general and specific that contribute to the possibility that the
predictions, forecasts, projections and various fu ture events will not occur. Solstice undertakes no obligation to update
publicly or otherwise revise any FLS whether as a result of new information, future events or other such factors which
affect this information, except as required by law.