Toronto, Ontario--(Newsfile Corp. - December 31, 2014) - Stakeholder
Gold Corp. (TSXV: SRC) ("Stakeholder" or the "Company"), having just
recently closed a non-brokered private placement, is pleased to announce the
closing of another non-brokered private placement totaling $173,646. This
private placement consists of $60,000 of flow-through financing (issuance of
240,000 units priced at $0.25 with a two year half warrant priced at $0.35) and
$113,646 of hard dollar financing (issuance of 568,228 units priced at $0.20
with a two year half warrant priced at $0.30), for total gross proceeds of
$173,646 dollars.
Stakeholder will also be issuing up to 5 million stock options
with a strike price of $0.25 (25 cents). The option strike price is the same as
the financing on flow-through units. The issuance of options is subject to board
and, where required, TSX-V approvals.
Diamond drilling is in progress on the Bass River project in
Nova Scotia.
The private placement is subject to TSX-V and Regulatory
approvals.
About Stakeholder Gold Corporation
Stakeholder Gold Corp. is a Canadian mineral exploration
company headquartered in Toronto, Ontario, Canada with the flagship property in
Nova Scotia, Canada. The primary focus of Stakeholder is developing the Bass
River Iron Oxide Copper Gold (IOCG) project which the company has optioned,
located on the Cobequid-Chedabucto Fault Zone (CCFZ) in central Nova Scotia,
Canada. The property is host to >100 mineral occurrences and small deposits
of Iron-Oxide, Copper, Cobalt, Gold, Nickel and Barite, the CCFZ has only
recently been recognized as a potential host for these deposit types.
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 more information, please contact
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