Stakeholder Gold Corp. Closes Flow-Through Private Placement

December 31, 2014 10:45 AM EST | Source: Stakeholder Gold Corp.

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

Christopher J. Berlet, CFA Michael Ballanger
President & CEO Advisory Committee
416 525-6869 416-786-5055
cberlet@stakeholdergold.com mballlanger@stakeholdergold.com
   
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