CALGARY, ALBERTA – TheNewswire - October 23, 2025 – Stuve Gold Corp. (“Stuve Gold” or the “Company”) (TSXV:STUV) announces that further to its news release dated October 21, 2025 with respect to a proposed consolidation (the "Consolidation") of the common shares of the Company (the "Common Shares") on the basis of one (1) post-consolidation Common Share (each a "Post-Consolidation Share") for every three (3) pre-consolidation Common Shares, the TSX Venture Exchange ("TSXV") has approved the Consolidation and issued a bulletin confirming that effective at the opening on Friday, October 24, 2025, the Post-Consolidation Shares will commence trading on the TSXV. For further details with respect to the Consolidation, please see the Company's news release dated October 21, 2025.

About Stuve Gold

Stuve Gold is engaged in advancing mineral properties in Chile that exhibit promising potential for gold, copper, silver and cobalt as a result of historical mining activities on, or associated with, those properties.  

Stuve Gold's Common Shares are listed on the TSX-V under the symbol "STUV". More information on Stuve Gold may be viewed on www.sedarplus.ca or the Corporation's website www.stuvegoldcorp.ca.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, the commencement of trading of the Post-Consolidation Shares. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; the price of metals including gold, silver copper and cobalt; and the results of exploration programs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Stuve Gold disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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 further information, please contact:

Al Kroontje   
President and CEO
Phone: (403) 607-4009
Email: al@slgold.ca

Terence Walker
VP. Exploration
Phone: +56981292207
Email: twalker@goldenrock.cl