Monday, September 14, 2026
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Monday, September 14, 2026 Admin

ABRA.TO ·

Abrasilver Announces Closing of Concurrent Private Placement

Financings

220 Bay Street, Suite 550, Toronto, ON M5J 2W4

www.abrasilver.com

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE

UNITED STATES

ABRASILVER ANNOUNCES CLOSING OF CONCURRENT PRIVATE PLACEMENT

Toronto, ON – July 31, 2026 – AbraSilver Resource Corp. (TSX: ABRA) (“ AbraSilver” or the

“Company”) is pleased to announce the successful closing of its previously announced private

placement (the “Offering”) of 139,241 common shares of the Company (the “Common Shares”) at a

price of $14.70 per Common Share for aggregate gross proceeds of approximately $2,046,843. This

marks the completion of a total of approximately $52 million in recent financings, including the

previously announced $50 million public offering of Common Shares.

In connection with the Offering, the Company issued 139,241 Common Shares to Kinross Gold

Corporation (“ Kinross”), upon the exercise of certain participation rights held by Kinross. The

Common Shares sold pursuant to the Offering are subject to a hold period of four months plus one

day from the closing date of the Offering.

The net proceeds from the Offering are expected to be used for general corporate purposes.

This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United

States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to

qualification or registration under the securities laws of such jurisdiction. The securities being offered

have not been, nor will they be, registered under the U.S. Securities Act, and such securities may not

be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent

registration or an applicable exemption from U.S. registration requirements and applicable U.S. state

securities laws.

About AbraSilver

AbraSilver is a leading silver-gold development company focused on advancing its 100%-owned

Diablillos Project in the mining-friendly provinces of Salta and Catamarca, Argentina. The recently

completed Definitive Feasibility Study highlights Diablillos as a robust, high-margin, long-life precious

metals project with significant production potential and substantial exploration upside. In addition, the

Company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita

project, located in the San Juan province of Argentina. AbraSilver is listed on the TSX under the symbol

“ABRA” and in the U.S. on the OTCQX under the symbol “ABBRF”.

For further information please visit the AbraSilver Resource website at www.abrasilver.com, our

LinkedIn page at AbraSilver Resource Corp., and follow us on X at www.x.com/abrasilver.

Alternatively please contact:

John Miniotis, President and CEO

[email protected]

Tel: +1 416-306-8334

220 Bay Street, Suite 550, Toronto, ON M5J 2W4

www.abrasilver.com

Cautionary Note Regarding Forward-Looking Information

This news release includes certain “forward-looking statements” under applicable Canadian securities

legislation, including in respect of the Offering and the use of net proceeds thereof. Forward-looking

statements are necessarily based upon a number of estimates and assumptions that, while considered

reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause

the actual results and future events to differ materially from those expressed or implied by such

forward-looking statements. All statements that address future plans, activities, events or

developments that the Company believes, expects or anticipates will or may occur are forward-looking

information. There can be no assurance that such statements will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such statements. Accordingly,

readers should not place undue reliance on forward-looking statements. When considering this

forward-looking information, readers should keep in mind the risk factors and other cautionary

statements in the Company’s disclosure documents filed with the applicable Canadian securities

regulatory authorities on SEDAR+ at www.sedarplus.ca. The risk factors and other factors noted in

the disclosure documents could cause actual events or results to differ materially from those described

in any forward-looking information. The Company disclaims any intention or obligation to update or

revise any forward-looking statements, whether as a result of new information, future events or

otherwise, except as required by law.