Date Closed

February 6, 2024

Lead Office

Toronto

On February 6, 2024, Moneta Gold Inc. (“Moneta”) completed an arrangement with Nighthawk Gold Corp. (“Nighthawk”) pursuant to which Moneta acquired all of the issued and outstanding common shares of Nighthawk by way of a plan of arrangement (the “Arrangement”). In connection with the Arrangement, Moneta also changed its name to “STLLR Gold Inc.” and consolidated its common shares on the basis of one post-consolidation common share for each two pre-consolidation common shares. Pursuant to the closing of the Arrangement, the escrow release conditions in respect of an aggregate of 38,235,294 subscription receipts (the “Subscription Receipts”) of Nighthawk issued on December 19, 2023 at a price of C$0.34 per Subscription Receipt (the “Subscription Receipt Financing”), were satisfied, and the gross proceeds were released to Nighthawk. The net proceeds are expected to be used to partially fund the environmental baseline work at both the Tower Gold and Colomac Gold Projects, and for general working capital and administration purposes.

McCarthy Tétrault advised Moneta with a team led by Eva Bellissimo that included Claire Lehan, Nancy Choi, Samantha Pettinato, Rebecca Summers, France Courtemanche, Khristoff Browning (Business) and Raj Juneja (Tax).