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SNOWLINE COMPLETES C$172.6 MILLION BOUGHT DEAL PUBLIC OFFERING OF COMMON SHARES INCLUDING FULL EXERCISE OF OVER-ALLOTMENT OPTION

Newswire.ca - Wed Aug 12, 7:53AM CDT

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VANCOUVER, BC, Aug. 12, 2026 /CNW/ -- SNOWLINE GOLD CORP. (TSX: SGD) (OTCQB: SNWGF) (the "Company" or "Snowline") is pleased to announce that it has completed its previously announced "bought deal" public offering of 11,902,500 common shares of the Company (the "Common Shares") at a price of C$14.50 per Common Share for aggregate gross proceeds of C$172,586,250, including the exercise in full by the underwriters of their over-allotment option (the "Offering"). Existing shareholder B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) participated in the Offering to maintain its 9.9% interest in the Company.

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