Silver Storm Enters into US$7.0M Offtake Financing with Samsung C&T for restart of La Parrilla Silver Mine Complex
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Enters into US$7.0M Offtake Financing with Samsung C&T for restart of La Parrilla Silver Mine Complex

Toronto, Ontario, October 10, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTC: SVRSF | FSE: SVR), is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Samsung C&T Hongkong Ltd and QSSC S.A.DE C.V., both subsidiaries of Samsung C&T (“Samsung”) on an offtake prepayment financing for the restart of operations at the past producing La Parrilla Silver Mine Complex (“La Parrilla”), in Durango, Mexico.

 

Key Highlights:

·        Facility: US$7.0 million (the “Amount”) secured Prepaid Financing Facility for 18 months

 

·        Interest Rate: 1-Month SOFR1 + 4.75%

 

·        Repayment Terms: Six months interest and capital repayment grace period from initial availability, with repayments made in equal monthly installments over a 12-month period. Repayments may be made as deductions from concentrate sales.

 

·        Security: Corporate guarantee and share pledge, and first ranking security in the assets of La Parrilla.

 

·        Offtake: Offtake for 100% of the lead-silver and zinc concentrate produced at La Parrilla over a two-year period.

Note 1. Secured Overnight Financing Rate

The proceeds of the Facility will be used to fund the restart of La Parrilla operations, including mill rehabilitation and upgrading, underground development and working capital for La Parrilla.

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Silver Storm Announces Initial Fall Conference Schedule and Engagement of Renmark Financial Communications
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Initial Fall Conference Schedule and Engagement of Renmark Financial Communications

Toronto, Ontario, September 26, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) announces that, pursuant to its 2020 Amended and Restated Incentive Stock Option Plan (the “Plan”), it has granted stock options of the Company (“Options”) to certain directors, officers, employees and consultants of the Company, to purchase an aggregate of 37,000,000 common shares of the Company at the price of $0.25 per share for a period of five years from date of grant. The Options all vest immediately. The Options granted are under and subject to the terms and conditions of the Plan and subject to the rules and policies of the Exchange. This stock option grant is subject to acceptance by the TSX Venture Exchange.

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Silver Storm Announces Grant of Incentive Stock Options
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Grant of Incentive Stock Options

Toronto, Ontario, September 26, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) announces that, pursuant to its 2020 Amended and Restated Incentive Stock Option Plan (the “Plan”), it has granted stock options of the Company (“Options”) to certain directors, officers, employees and consultants of the Company, to purchase an aggregate of 37,000,000 common shares of the Company at the price of $0.25 per share for a period of five years from date of grant. The Options all vest immediately. The Options granted are under and subject to the terms and conditions of the Plan and subject to the rules and policies of the Exchange. This stock option grant is subject to acceptance by the TSX Venture Exchange.

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Silver Storm Closes C$13.8 Million Bought Deal LIFE Private Placement
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Closes C$13.8 Million Bought Deal LIFE Private Placement

Toronto, Ontario, September 22, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the “Company”) (TSX.V:SVRS | FSE:SVR) is pleased to announce the closing of its previously announced “bought deal” private placement (the “Offering”) for gross proceeds of C$13,766,250, which includes the proceeds from the partial exercise of the Underwriter’s over-allotment option. Pursuant to the Offering, the Company sold 55,065,000 units of the Company (the “Units”) at a price of C$0.25 per Unit (the “Offering Price”). Red Cloud Securities Inc. (the “Underwriter”) acted as sole underwriter and bookrunner in connection with the Offering. 

Each Unit consists of one common share of the Company (each, a “Unit Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant entitles the holder to purchase one common share of the Company (each, a “Warrant Share”) at a price of C$0.35 at any time on or before September 22, 2028. 

The Company now has sufficient liquidity and intends to use the net proceeds from the Offering to advance the restart of the La Parrilla Silver Mine Complex in Durango, Mexico as well as for general corporate purposes and working capital, as is more fully described in the Offering Document (as defined herein).

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Silver Storm Announces Bought Deal LIFE Private Placement For Gross Proceeds of C$13.0 Million
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Bought Deal LIFE Private Placement For Gross Proceeds of C$13.0 Million

Toronto, Ontario, June 27, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that as a result of strong investor demand, Company has decided to increase the size of the previously announced non-brokered private placement (the “Offering”) from gross proceeds of up to C$2,600,000 to gross proceeds of up to C$4,004,000. The upsized Offering is comprised of the sale of up to 30,800,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). The Offering was originally announced on June 23, 2025.

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the date of issuance.

The Company intends to use the net proceeds from the Offering for: (i) the procurement of mine processing flotation cells; (ii) to commence rehabilitation work of the La Parrilla processing facility including equipment purchase and refurbishment, labour and supplies; (iii) to order long lead items including deposits on mining equipment and ventilation fans; (iv) to fund ongoing operations for the next twelve months; and (v) for general corporate and working capital purposes.

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Silver Storm Mining and Till Capital Corporation Announce Completion of Plan of Arrangement
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Mining and Till Capital Corporation Announce Completion of Plan of Arrangement

Toronto, Ontario, May 6, 2025: Silver Storm Mining Ltd. (“Silver Storm”) (TSX.V: SVRS | OTC: SVRSF | FSE: SVR) is pleased to announce the Company has entered into a definitive arrangement agreement dated May 5, 2025 (the “Agreement”) whereby Silver Storm will acquire 100% of the issued and outstanding shares of Till Capital Corp. (“Till”) (TSX.V:TILL)  pursuant to a Plan of Arrangement (the “Transaction”).

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Silver Storm Announces Till Capital Shareholder Approval Of Arrangement
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Till Capital Shareholder Approval Of Arrangement

Toronto, Ontario, May 6, 2025: Silver Storm Mining Ltd. (“Silver Storm”) (TSX.V: SVRS | OTC: SVRSF | FSE: SVR) is pleased to announce the Company has entered into a definitive arrangement agreement dated May 5, 2025 (the “Agreement”) whereby Silver Storm will acquire 100% of the issued and outstanding shares of Till Capital Corp. (“Till”) (TSX.V:TILL)  pursuant to a Plan of Arrangement (the “Transaction”).

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Silver Storm Closes Final Tranche of $4.0 Million Non-Brokered LIFE Financing
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Closes Final Tranche of $4.0 Million Non-Brokered LIFE Financing

Toronto, Ontario, June 27, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that as a result of strong investor demand, Company has decided to increase the size of the previously announced non-brokered private placement (the “Offering”) from gross proceeds of up to C$2,600,000 to gross proceeds of up to C$4,004,000. The upsized Offering is comprised of the sale of up to 30,800,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). The Offering was originally announced on June 23, 2025.

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the date of issuance.

The Company intends to use the net proceeds from the Offering for: (i) the procurement of mine processing flotation cells; (ii) to commence rehabilitation work of the La Parrilla processing facility including equipment purchase and refurbishment, labour and supplies; (iii) to order long lead items including deposits on mining equipment and ventilation fans; (iv) to fund ongoing operations for the next twelve months; and (v) for general corporate and working capital purposes.

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Silver Storm Closes The First Tranche of its Non-Brokered LIFE Financing for gross proceeds of $3.87 Million
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Closes The First Tranche of its Non-Brokered LIFE Financing for gross proceeds of $3.87 Million

Toronto, Ontario, June 27, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that as a result of strong investor demand, Company has decided to increase the size of the previously announced non-brokered private placement (the “Offering”) from gross proceeds of up to C$2,600,000 to gross proceeds of up to C$4,004,000. The upsized Offering is comprised of the sale of up to 30,800,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). The Offering was originally announced on June 23, 2025.

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the date of issuance.

The Company intends to use the net proceeds from the Offering for: (i) the procurement of mine processing flotation cells; (ii) to commence rehabilitation work of the La Parrilla processing facility including equipment purchase and refurbishment, labour and supplies; (iii) to order long lead items including deposits on mining equipment and ventilation fans; (iv) to fund ongoing operations for the next twelve months; and (v) for general corporate and working capital purposes.

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Silver Storm Upsizes Non-Brokered LIFE Financing for Gross Proceeds of up to C$4.0 Million
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Upsizes Non-Brokered LIFE Financing for Gross Proceeds of up to C$4.0 Million

Toronto, Ontario, June 27, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that as a result of strong investor demand, Company has decided to increase the size of the previously announced non-brokered private placement (the “Offering”) from gross proceeds of up to C$2,600,000 to gross proceeds of up to C$4,004,000. The upsized Offering is comprised of the sale of up to 30,800,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). The Offering was originally announced on June 23, 2025.

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the date of issuance.

The Company intends to use the net proceeds from the Offering for: (i) the procurement of mine processing flotation cells; (ii) to commence rehabilitation work of the La Parrilla processing facility including equipment purchase and refurbishment, labour and supplies; (iii) to order long lead items including deposits on mining equipment and ventilation fans; (iv) to fund ongoing operations for the next twelve months; and (v) for general corporate and working capital purposes.

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Silver Storm Announces Non-Brokered Private Placement LIFE Offering For Gross proceeds of up to C$2.6 Million
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Non-Brokered Private Placement LIFE Offering For Gross proceeds of up to C$2.6 Million

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/

Toronto, Ontario, May 21, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “Agent”), to act as lead agent and bookrunner, in connection with a best-efforts private placement (the “Marketed Offering”) for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the Closing Date (as hereinafter defined).

 

The Company has granted to the Agent an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 15,400,000 Units at the Offering Price to raise up to an additional C$2,002,000 in gross proceeds (the “Agent’s Option”, and together with the Marketed Offering, the “Offering”).

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Silver Storm Commences Trading on the OTCQB Venture Market
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Commences Trading on the OTCQB Venture Market

Toronto, Ontario, May 6, 2025: Silver Storm Mining Ltd. (“Silver Storm”) (TSX.V: SVRS | OTC: SVRSF | FSE: SVR) is pleased to announce the Company has entered into a definitive arrangement agreement dated May 5, 2025 (the “Agreement”) whereby Silver Storm will acquire 100% of the issued and outstanding shares of Till Capital Corp. (“Till”) (TSX.V:TILL)  pursuant to a Plan of Arrangement (the “Transaction”).

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Silver Storm Closes Final Tranche of $12,012,000 Brokered LIFE Financing
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Closes Final Tranche of $12,012,000 Brokered LIFE Financing

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/

Toronto, Ontario, May 21, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “Agent”), to act as lead agent and bookrunner, in connection with a best-efforts private placement (the “Marketed Offering”) for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the Closing Date (as hereinafter defined).

 

The Company has granted to the Agent an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 15,400,000 Units at the Offering Price to raise up to an additional C$2,002,000 in gross proceeds (the “Agent’s Option”, and together with the Marketed Offering, the “Offering”).

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Silver Storm Closes First Tranche of Brokered LIFE Financing for Gross Proceeds of $10,541,050, Including Investment by Eric Sprott
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Closes First Tranche of Brokered LIFE Financing for Gross Proceeds of $10,541,050, Including Investment by Eric Sprott

Toronto, Ontario, June 5, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced best efforts brokered private placement for total gross proceeds of $10,541,050 (the “Offering”), which includes the partial exercise of the agents’ option. Under the Offering, the Company sold 81,085,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). Red Cloud Securities Inc. is acting as lead agent and bookrunner for the Offering and Ventum Financial Corp. is acting as co-agent (collectively, the “Agents”). The Offering was originally announced on May 20, 2025, and subsequently updated on May 29, 2025, and May 30, 2025.

 

The First Tranche included a $1,001,000 investment from current significant shareholder by Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him.

 

Each Unit consists of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant entitles the holder to purchase one common share (each, a “Warrant Share”) at a price of $0.20 at any time on or before that date which is thirty-six (36) months from the date of issuance.

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Silver Storm Announces A Further Upsize of Its Brokered Private Placement For Gross Proceeds of up to C$10.0 Million with Participation from Eric Sprott
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces A Further Upsize of Its Brokered Private Placement For Gross Proceeds of up to C$10.0 Million with Participation from Eric Sprott

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/

Toronto, Ontario, May 21, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “Agent”), to act as lead agent and bookrunner, in connection with a best-efforts private placement (the “Marketed Offering”) for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the Closing Date (as hereinafter defined).

 

The Company has granted to the Agent an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 15,400,000 Units at the Offering Price to raise up to an additional C$2,002,000 in gross proceeds (the “Agent’s Option”, and together with the Marketed Offering, the “Offering”).

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Silver Storm Announces Upsize of Brokered Private Placement for Gross Proceeds of up to C$8.0 Million
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Upsize of Brokered Private Placement for Gross Proceeds of up to C$8.0 Million

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/

Toronto, Ontario, May 21, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “Agent”), to act as lead agent and bookrunner, in connection with a best-efforts private placement (the “Marketed Offering”) for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the Closing Date (as hereinafter defined).

 

The Company has granted to the Agent an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 15,400,000 Units at the Offering Price to raise up to an additional C$2,002,000 in gross proceeds (the “Agent’s Option”, and together with the Marketed Offering, the “Offering”).

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Silver Storm Announces Brokered Private Placement for Gross Proceeds of up to C$6.0 Million
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Brokered Private Placement for Gross Proceeds of up to C$6.0 Million

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/

Toronto, Ontario, May 21, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “Agent”), to act as lead agent and bookrunner, in connection with a best-efforts private placement (the “Marketed Offering”) for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).

 

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the Closing Date (as hereinafter defined).

 

The Company has granted to the Agent an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 15,400,000 Units at the Offering Price to raise up to an additional C$2,002,000 in gross proceeds (the “Agent’s Option”, and together with the Marketed Offering, the “Offering”).

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Silver Storm Advances Offtake Financing for Restart of La Parrilla Silver Mine Complex (Copy)
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Advances Offtake Financing for Restart of La Parrilla Silver Mine Complex (Copy)

Toronto, Ontario, May 8, 2025: Silver Storm Mining Ltd. (“Silver Storm”) (TSX.V: SVRS | OTC: SVRSF | FSE: SVR) is pleased to report the Company has made excellent progress towards securing debt and offtake-linked project financing proposals for the restart of operations at the past producing La Parrilla Silver Mine Complex (“La Parrilla”), in Durango, Mexico.

Silver Storm has received several non-binding proposals from leading trading houses for multi-year lead and zinc concentrate offtake agreements, as well as traditional debt providers. Each proposal includes an associated prepayment or structured finance facility to provide near-term funding for restart activities at La Parrilla.

The proposals received to-date include:

  • Financing facilities ranging from US$15 - US$17 million

  • Duration of 36 - 48 months

  • Annual interest rates based on SOFR 3-month rate (1) + acceptable customary premium

Note: (1) Secured Overnight Financing Rate

All proposals are subject to customary conditions precedent, including satisfactory due diligence, compliance and documentation, commercial offtake contracts for 100% of production during the facility tenor, acceptable pledge guarantees, and credit committee approval. There can be no assurance that definitive agreements for the financing facilities will be entered into and completed on terms which are acceptable or at all.

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Silver Storm Announces Acquisition of Till Capital
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Announces Acquisition of Till Capital

Toronto, Ontario, May 6, 2025: Silver Storm Mining Ltd. (“Silver Storm”) (TSX.V: SVRS | OTC: SVRSF | FSE: SVR) is pleased to announce the Company has entered into a definitive arrangement agreement dated May 5, 2025 (the “Agreement”) whereby Silver Storm will acquire 100% of the issued and outstanding shares of Till Capital Corp. (“Till”) (TSX.V:TILL)  pursuant to a Plan of Arrangement (the “Transaction”).

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Silver Storm Files NI 43-101 Technical Report for the La Parrilla Silver Mine Complex, Durango State, Mexico
Silver Storm Mining Inc. Silver Storm Mining Inc.

Silver Storm Files NI 43-101 Technical Report for the La Parrilla Silver Mine Complex, Durango State, Mexico

Toronto, Ontario, March 24, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTC: SVRSF | FSE: SVR), is pleased to announce that it has filed an independent National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) Technical Report titled “Independent Technical Report for the La Parrilla Silver Mine, Durango State, Mexico” with an effective date of December 31, 2024 (the “Technical Report”). The Technical Report updates the Mineral Resource estimate at the Company’s 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico.

The Technical Report was prepared by SRK Consulting (Canada) Inc. and can be found for review under the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's website (www.silverstorm.ca).

A summary of the Technical Report was detailed in a news release dated February 11, 2025 entitled "Silver Storm Announces 107% Increase in Indicated Mineral Resources at La Parrilla."

Highlights of the Updated Mineral Resource Estimate include:

  • 107% increase in Indicated Mineral Resources, from 5.2 Moz Ag.Eq in the 2023 Mineral Resource Statement to 10.8 Moz Ag.Eq1

  • 58% increase of Inferred Mineral Resources, from 10.3 Moz Ag.Eq in the 2023 Mineral Resource Statement to 16.3 Moz Ag.Eq

  • Approximately 90% of the Indicated and 85% of the Inferred Mineral Resource tonnage is sulphide mineralization; 10% of the Indicated and 15% of the Inferred Mineral Resource tonnage is oxide mineralization

  • Silver dominant: 66% of the Indicated and 69% of the Inferred Updated Mineral Resource gross metal value is derived from silver

  • 23 additional mineralized structures have been modelled, including several that were previously mined by the former operator, with significant upside potential

  • Total all-in exploration cost of US$0.22/oz Ag.Eq discovered

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