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STUV.V ·

Stuve Gold Corp. Announces Commencement of Trading of Post-Consolidation Shares

Listings & Exchange Corporate Actions

7210877.1

Stuve Gold Corp. Announces Commencement of Trading of Post-Consolidation Shares

CALGARY, ALBERTA – October 23, 2025 – Stuve Gold Corp. (“Stuve Gold” or the “Company”) (TSXV:STUV)

announces that further to its news release dated October 21, 2025 with respect to a proposed

consolidation (the "Consolidation") of the common shares of the Company (the " Common Shares") on

the basis of one (1) post-consolidation Common Share (each a "Post-Consolidation Share") for every three

(3) pre -consolidation Common Shares , the TSX Venture Exchange (" TSXV") has approved the

Consolidation and issued a bulletin confirming that effective at the opening on Friday, October 24, 2025,

the Post-Consolidation Shares will commence trading on the TSXV. For further details with respect to the

Consolidation, please see the Company's news release dated October 21, 2025.

About Stuve Gold

Stuve Gold is engaged in advancing mineral properties in Chile that exhibit promising potential for gold,

copper, silver and cobalt as a result of historical mining activities on, or associated with, those properties.

Stuve Gold's Common Shares are listed on the TSX -V under the symbol " STUV". More information on

Stuve Gold may be viewed on www.sedarplus.ca or the Corporation's website www.stuvegoldcorp.ca.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward -looking statements" under applicable Canadian securities legislation.

Forward-looking statements include, but are not limited to, the commencement of trading of the Post-Consolidation

Shares. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while

considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause

the actual results and future events to differ materially fro m those expressed or implied by such forward -looking

statements. Such factors include, but are not limited to: general business, economic, competitive, political and social

uncertainties; delay or failure to receive board, shareholder or regulatory approva ls; the price of metals including

gold, silver copper and cobalt; and the results of exploration programs. There can be no assurance that such

statements will prove to be accurate, as actual results and future events could differ materially from those anticipated

in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Stuve Gold

disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new

information, future events or otherwise, except as required by law.

Neither the 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.

For further information, please contact:

Al Kroontje

President and CEO

Phone: (403) 607-4009

Email: [email protected]

Terence Walker

VP. Exploration

Phone: +56981292207

Email: [email protected]