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Aftermath Silver Appoints Jeff Sundar as Investor Relations Consultant, Grants Stock Options

Share Capital & Compensation Marketing Announcement

FOR IMMEDIATE RELEASE March 20, 2023

(AAG2023 – NR #04)

Aftermath Silver Appoints Jeff Sundar as Investor Relations Consultant,

Grants Stock Options

Vancouver, BC, March 20, 2023 – Aftermath Silver Ltd. (the “Company” or “Aftermath Silver”) (TSX-V: AAG)

(OTCQB: AAGFF) is pleased to announce that Jeff Sundar has been appointed as an Investor Relations

Consultant of the Company, effective immediately.

Mr. Sundar has over twenty years of experience in the capital markets and mineral exploration sector and

is knowledgeable in corporate development, marketing, and financing.

Mr. Sundar was a Director of Northern Empire Resources, which was acquired by Coeur Mining for $117M,

for the Sterling Gold project in October 2018. He was also a Director and VP of Underworld Resources

which discovered the 1.6 million oz White Gold deposit and was subsequently acquired by Kinross Gold

for $138M in June 2010.

Compensation and Issuance of Incentive Options

The Company also announces that it has granted 750,000 incentive stock options to Mr. Sundar at a price

of $0.30 cents for a period of 5 years. The stock options are subject to regulatory approval , will vest over

a period of twelve months and are granted under the Company's stock option plan. He will receive

compensation of $122,000 for the 12 month term of this contract.

In addition to the option grant (above) Mr Sundar currently owns 750,000 Aftermath Silver shares and

375,000 warrants.

About Aftermath Silver Ltd.

Aftermath Silver Ltd. is a leading Canadian junior exploration company focused on silver, and aims t o

deliver shareholder value through the discovery, acquisition and development of quality silver projects in

stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The

Company's projects have been selected based on growth and development potential.

• Berenguela Silver-Copper project. The Company has an option to acquire a 100% interest through

a binding agreement with SSR Mining. The project is located in the Department of Puno, in southern

central Peru. A NI 43-101 Technical Report on the property was filed in February 2021 (available on

SEDAR and the Company’s web page). The Company is currently drilling at Berenguela and planning

to advance the project through a pre-feasibility study.

• Challacollo Silver-Gold project. The Company recently completed the acquisition of a 100% interest

in the Challacollo silver -gold project from Mandalay Resources; see Company news release dated

August 11, 2022. A NI 43 -101 mineral resource was released on December 15, 2020 (avail able on

SEDAR and the Company’s web page). The Company is currently permitting road access in

anticipation of an upcoming drill program.

• Cachinal Silver-Gold project. The Company owns a 100% interest in the Cachinal Ag -Au project,

located 2.5 hours south of Antofagasta. On February 15, 2023, Aftermath announced it had signed

a Share Purchase Agreement an agreement to sell Cachinal to Honey Badger Silver Inc. On

September 16, 2020, the Company released a CIM compliant Mineral Resource and accompanying

NI 43-101 Technical Report (available on SEDAR and on the Company's web page).

ON BEHALF OF THE BOARD OF DIRECTORS

“Ralph Rushton”

Ralph Rushton

CEO and Director

604-484-7855

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

Certain of the statements and information in this news release constitute “forward -looking information”

within the meaning of applicable Canadian provincial securities laws. Any statements or information that

express or involve discussions with respect to interpretation of exploration programs and drill results,

predictions, expectations, belief s, plans, projections, objectives, assumptions or future events or

performance (often, but not always, using words or phrases such as “expects”, “is expected”, “anticipates”,

“believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”,

“forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or stating that certain

actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the

negative of any o f these terms and similar expressions) are not statements of historical fact and may be

forward-looking statements or information.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual

results or events to differ materially from those anticipated in such forward‐looking statements. Although

the Company believes the expectations expressed in such forward‐looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance and actual results or

developments may differ materially from those in the forward‐looking statements. Factors that could cause

actual results to differ materially from those in forward‐looking statements include, but are not limited to,

changes in commodities prices; changes in expected mineral production performance; unexpected

increases in capital costs; exploitation and exploration results; continued availability of capital and

financing; differing results and recommendations in the Feasibility Study; and general economic, market or

business conditions. In addition, forward‐looking statements are subject to various risks, including but not

limited to operational risk; political risk; currency risk; capital cost inflation risk; that data is incomplete or

inaccurate. The reader is referred to the Company’s filings with the Canadian securities regulators for

disclosure regarding these and other risk factors, accessible through Aftermath Silver’s profile at

www.sedar.com.

There is no certainty that any forward‐looking statement will come to pass and investors should not place

undue reliance upon forward‐looking statements. The Company does not undertake to provide updates to

any of the forward‐looking statements in this release, except as required by law.

Cautionary Note to US Investors - Mineral Resources

This News Release has been prepared in accordance with the requirements of Canadian National

Instrument 43-101 - Standards of Disclosure for Mineral Projects (''NI 43-101'') and the Canadian Institute

of Mining, Metallurgy and Petroleum Definition Standards, which differ from the requirements of U.S.

securities laws. NI 43 -101 is a rule developed by the Canadian Securities Administrators that establishes

standards for all public disclosure an issuer makes of scientific and technical information concerning

mineral projects. Canadian public disclosure standards, including NI 43 -101, differ significantly from the

requirements of the United States Securities and Exchange Commission (the "SEC"), and information

concerning mineralization, deposits, mineral reserve and resource information contained or referred to

herein may not be comparable to similar information disclosed by U.S. companies.