Stakeholder Announces Consolidation

FOR IMMEDIATE RELEASE TSX Venture Exchange

August 31, 2020 Symbol: SRC

Shares Outstanding: 52,415,662

Stakeholder Announces Consolidation

Stakeholder Gold Corporation (“ Stakeholder” or the “ Company”) (TSX-V: SRC) announces a share

consolidation which is anticipated to take place on or after September 4, 2020. The Company proposes

to consolidate common shares on the basis of one (1) new post -consolidation common share for every

eight (8) pre-consolidation common shares (the “Consolidation”). Effective at the start of trading on or

after the date of September 4, 2020 , common shares of the Company will begin to trade on the

Exchange on a consolidated basis. The number of common shares of the Company outstanding, post-

consolidation, will be approximately 6,551,957.

As a result of the Consolidation, the Company's currently outstanding 52,415,662 common shares will

be reduced to approximately 6,551,957 common shares. No fractional shares of the Corporation will be

issued, and any fractional shares resulting from the Consolidation will be deemed to have been tendered

for cancellation by the registered owner. The Company's name and trading symbol will remain

unchanged. T he Company will not be changing its name or completing any other restructuring in

connection with the Consolidation. The Consolidation was approved by the shareholders of the

Company on November 29, 2019 and is subject to final approval by the TSX Venture Exchange.

The Company's new CUSIP number is 85255R301 and the new ISIN number is CA CA85255R3018.

Registered shareholders will be required to exchange their share certificates representing pre -

consolidation common shares for new share certificates representing post-consolidation common shares.

Registered shareholders will be sent a transmittal letter after the effective date of the Consolidation. The

transmittal letter will contain instructions on how certif icate(s) representing pre -consolidation shares

may be surrendered to the Company's transfer agent, Computershare Investor Services Inc. The transfer

agent will forward to each registered shareholder who has provided the required documents, a new share

certificate representing the number of post -consolidation common shares to which the shareholder is

entitled. Until surrendered, each share certificate representing pre -consolidation common shares of the

Company will be deemed for all purposes to represent the number of whole post-consolidation common

shares to which the holder is entitled as a result of the Consolidation.

For further information please contact:

Stakeholder Gold Corporation

Telephone: (416) 548 - 9749

Forward Looking Information

This news release contains forward -looking information. All information, other than information of historical fact, constitute

“forward-looking statements” and includes any information that addresses activities, events or developments that the

Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or

future financial or operating performance.

When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may”

and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward -

looking information. The forward-looking information is based on current expectations and applies only as of the date on which

they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking

information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required

underthe Agreement. Other factors such as uncertainties regarding government regulations could also affect the results.

Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such information. Accordingly, investors should not

place undue reliance on forward -looking information. Except as required by law, the Corporation does not assume any

obligation to release publicly any revisions to forward -looking information contained in this press release to reflect events or

circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.