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Ulaanbaatar, Mongolia (Newsfile Corp. - January 22, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") is pleased to announce that it has entered into a binding term sheet (the "Term Sheet") pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares (the "BG Common Shares") of Boroo Gold LLC ("Boroo Gold") in an all-share transaction (the "Proposed Transaction").Transaction .

Tres crucesBataa tumur ochirUudam khundiiEnkhtuvshin khishigsurenAltan tsagaan ovooMongolia newsfile corpSteppe gold ltdFasken martineau dumoulinBg common shares of boroo goldNational instrumentBoroo goldToronto stock exchangeBoroo pte ltdAnacortes mining corpSteppe goldMine phase