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Press Release for Early Warning Report Regarding Snowline Gold Corp.

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Snowline Gold Corp. (SNWGF) announced that Ms. Ana Maria Cox de Gubbins' ownership stake has decreased below 10% following the company's recent financings. The change occurred after Snowline completed a public offering of 10,222,200 common shares and a concurrent non-brokered private placement of 1,123,194 shares.

Prior to the financings, Ms. Cox controlled 16,120,000 shares, representing approximately 10.6% of outstanding shares. Following the transactions, while maintaining the same number of shares, her ownership has diluted to 9.4%. As a result, she will no longer be required to file early warning reports unless she requalifies as a 10% shareholder.

Snowline Gold Corp. (SNWGF) ha comunicato che la partecipazione di Ms. Ana Maria Cox de Gubbins è scesa al di sotto del 10% in seguito ai recenti finanziamenti della società. La variazione è avvenuta dopo che Snowline ha completato una offerta pubblica di 10.222.200 azioni ordinarie e una collocazione privata non intermedia di 1.123.194 azioni.

Prima dei finanziamenti, Ms. Cox deteneva 16.120.000 azioni, pari a circa il 10,6% del capitale in circolazione. Dopo le operazioni, mantenendo lo stesso numero di azioni, la sua quota si è diluita al 9,4%. Di conseguenza, non sarà più tenuta a presentare comunicazioni di early warning, salvo il caso in cui torni a qualificarsi come azionista al 10%.

Snowline Gold Corp. (SNWGF) anunció que la participación de Ms. Ana Maria Cox de Gubbins ha caído por debajo del 10% tras los recientes financiamientos de la compañía. El cambio se produjo después de que Snowline completara una oferta pública de 10.222.200 acciones ordinarias y una colocación privada no intermediada de 1.123.194 acciones.

Antes de los financiamientos, la Sra. Cox controlaba 16.120.000 acciones, aproximadamente el 10,6% del total en circulación. Tras las transacciones, conservando el mismo número de acciones, su participación se ha diluido hasta el 9,4%. En consecuencia, ya no estará obligada a presentar reportes de early warning, a menos que vuelva a superar el umbral del 10%.

Snowline Gold Corp. (SNWGF)ëŠ� 최근 회사ì� ìžê¸ˆì¡°ë‹¬ë¡� ì¸í•´ Ana Maria Cox de Gubbins ì”¨ì˜ ì§€ë¶„ìœ¨ì� 10% 미만으로 ê°ì†Œí–ˆë‹¤ê³� 발표했습니다. ì� 변화는 Snowlineì� 10,222,200 보통ì£� 공개 발행ê³� ë™ì‹œì—� 브로ì»� ì—†ì´ ì§„í–‰ë� 1,123,194ì£� 사모배정ì� 완료í•� í›� ë°œìƒí–ˆìŠµë‹ˆë‹¤.

ìžê¸ˆì¡°ë‹¬ ì´ì „ì—� Cox 씨는 16,120,000ì£�ë¥� 보유í•� 발행주ì‹ì� ì•� 10.6%ë¥� 차지했습니다. 거래 ì´í›„ 보유 ì£¼ì‹ ìˆ˜ëŠ” 변하지 않았지ë§� ì§€ë¶„ì€ 9.4%ë¡� í¬ì„ë˜ì—ˆìŠµë‹ˆë‹�. ë”°ë¼ì„� 그녀ëŠ� 10% 주주로서 재분류ë˜ì§€ 않는 í•� ë� ì´ìƒ 조기경보(early warning) ë³´ê³  ì˜ë¬´ê°€ 없습니다.

Snowline Gold Corp. (SNWGF) a annoncé que la participation de Mme Ana Maria Cox de Gubbins est passée en dessous de 10 % suite aux récents financements de la société. Ce changement est intervenu après que Snowline a réalisé une offre publique de 10�222�200 actions ordinaires et un placement privé non intermédié de 1�123�194 actions.

Avant ces financements, Mme Cox détenait 16�120�000 actions, soit environ 10,6�% du capital en circulation. Après les opérations, tout en conservant le même nombre d'actions, sa participation s'est diluée à 9,4�%. Par conséquent, elle ne sera plus tenue de déposer des rapports d'early warning, sauf si elle redevient actionnaire à 10 % ou plus.

Snowline Gold Corp. (SNWGF) gab bekannt, dass der Anteil von Frau Ana Maria Cox de Gubbins nach den jüngsten Finanzierungsmaßnahmen des Unternehmens unter 10 % gefallen ist. Die Änderung erfolgte, nachdem Snowline eine öffentliche Platzierung von 10.222.200 Stammaktien sowie eine gleichzeitig durchgeführte nicht vermittelte Privatplatzierung von 1.123.194 Aktien abgeschlossen hatte.

Vor den Finanzierungen hielt Frau Cox 16.120.000 Aktien, was rund 10,6% der ausstehenden Aktien entsprach. Nach den Transaktionen � bei unveränderter Aktienzahl � ist ihr Anteil auf 9,4% verwässert. Folglich ist sie nicht mehr verpflichtet, Early-Warning-Meldungen abzugeben, sofern sie nicht wieder als 10%-Aktionärin eingestuft wird.

Positive
  • Company successfully completed public offering of 10,222,200 shares
  • Additional capital raised through private placement of 1,123,194 shares
Negative
  • Dilution of existing shareholders' ownership percentages due to new share issuance

VANCOUVER, BC / / September 4, 2025 / Ms. Ana Maria Cox de Gubbins ("Ms. Cox") announces that her percentage of the number of issued and outstanding common shares of Snowline Gold Corp. (the "Company") has fallen below 10% as a result of the Company's recently completed public offering of 10,222,200 common shares (the "Shares") and concurrent non-brokered private placement of 1,123,194 Shares (together, the "Financings").

Prior to the Financings, Ms. Cox owned, directly or indirectly, or exercised control or direction over 16,120,000 Shares (fully diluted), representing approximately 10.6% of the issued and outstanding Shares. Following the Financings, Ms. Cox has beneficial ownership and control of the same number of Shares which now represent 9.4% of the issued and outstanding Shares. As a result, Ms. Cox is no longer a 10% shareholder of the Company and will not be required to complete any further early warning filings unless she otherwise requalifies for such filings.

In accordance with applicable securities laws, Ms. Cox may, from time to time and at any time, acquire additional securities of the Company in the open market or otherwise, and reserves the right to dispose of any or all of her securities in the open market or otherwise at any time and from time to time, the whole depending on market conditions, the business and prospects of the Company and other relevant factors.

This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions in which the Company is a reporting issuer containing information with respect to the foregoing matters (the "Early Warning Report"). A copy of the Early Warning Report will appear on the Company's profile on SEDAR+ at or may be obtained by contacting the Company at Suite 300 - 900 West Hastings Street, Vancouver, British Columbia. V6E 1E5, [email protected], (778) 650-5485.

SOURCE: Snowline Gold Corp.



View the original on ACCESS Newswire

FAQ

What caused Ms. Cox's ownership stake in Snowline Gold (SNWGF) to fall below 10%?

Her ownership percentage decreased due to dilution from Snowline's public offering of 10,222,200 shares and private placement of 1,123,194 shares, reducing her stake from 10.6% to 9.4%.

How many shares does Ms. Cox own in Snowline Gold (SNWGF)?

Ms. Cox owns 16,120,000 shares of Snowline Gold Corp., which now represents 9.4% of the company's outstanding shares.

What was the size of Snowline Gold's (SNWGF) recent share offerings?

Snowline Gold completed a public offering of 10,222,200 shares and a concurrent non-brokered private placement of 1,123,194 shares.

Will Ms. Cox need to continue filing early warning reports for Snowline Gold (SNWGF)?

No, Ms. Cox will no longer be required to file early warning reports unless she requalifies as a 10% shareholder of Snowline Gold.

Can Ms. Cox acquire or dispose of more Snowline Gold (SNWGF) shares in the future?

Yes, Ms. Cox reserves the right to acquire additional securities or dispose of her holdings in the open market or otherwise, depending on market conditions and company prospects.
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