SNOWLINE GOLD CORP ANNOUNCES C$20.0 MILLION BOUGHT DEAL PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

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VANCOUVER, BC, March 17, 2025 /CNW/ - Snowline Gold Corp. (TSXV:SGD.VN) (OTC:SNWGF) ("Snowline" or the "Company") is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc., as lead underwriter, on behalf of a syndicate of underwriters (collectively, the "Underwriters"), has agreed to purchase, on a "bought deal" private placement basis, 1,875,000 "flow-through" shares of the Company (the "Charity FT Share") at a price of $10.68 per Charity FT Share ("Offering Price") for gross proceeds of $20,025,000 (the "Offering"). Each Charity FT Share will qualify as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).