“Aftermath Silver”) (TSX-V: AAG) (OTCQB: FLMZF) announces that further to the Company’s

FOR IMMEDIATE RELEASE November 15, 2019

(AAG2019 – NR #12)

Undertaking from 217643 Ontario Ltd.

Vancouver, British Columbia, November 15, 2019 – Aftermath Silver Ltd. (the “Company” or

“Aftermath Silver”) (TSX-V: AAG) (OTCQB: FLMZF) announces that further to the Company’s

news release dated November 14, 2019, 2176423 Ontario Ltd. has provided its written undertaking

to the Company to not exercise any share purchase warrants issued under the Private Placemen t to

the extent that such exercise would result in 2176423 Ontario Ltd. owning, on exercise, more than

20% of the then-issued shares of the Company. As a result, the reference in the news release to the

percentage of shares held on a “partly diluted basis” is indicative only. In reliance on the undertaking

given by 2176423 Ontario Ltd, the Company does not intend to seek disinterested shareholder

approval for the Unit subscription since a new control person will not be created.

ON BEHALF OF THE BOARD OF DIRECTORS

“Ralph Rushton”

Ralph Rushton President / CEO604-484-7855

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

release.