The Shelf Prospectus Supplement , the Corresponding Base Shelf Prospectus and Any Amendment to the Documents is Accessible Through SEDAR+ or Will Be Accessible Through
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
THE SHELF PROSPECTUS SUPPLEMENT , THE CORRESPONDING BASE SHELF PROSPECTUS AND ANY
AMENDMENT TO THE DOCUMENTS IS ACCESSIBLE THROUGH SEDAR+ OR WILL BE ACCESSIBLE THROUGH
SEDAR+ WITHIN 2 BUSINESS DAYS, AS APPLICABLE.
ABRASILVER ANNOUNCES C$45 MILLION “BOUGHT DEAL” PUBLIC OFFERING OF
COMMON SHARES
Toronto, ON – July 22, 2026 – AbraSilver Resource Corp. (TSX: ABRA) (“AbraSilver” or the “Company”)
is pleased to announce that it has entered into an agreement with National Bank Financial Inc., Beacon
Securities Limited and Raymond James Ltd. acting as co-bookrunners, on behalf of a syndicate of
underwriters (collectively, the “ Underwriters”), pursuant to which the Underwriters have agreed to
purchase, on a “bought deal” basis, 3,062,000 common shares of the Company (the “ Common Shares”)
at a price of C$14.70 per Common Share (the “ Issue Price ”), for aggregate gross proceeds of
C$45,011,400 (the “ Offering”). The Underwriters will have an option to purchase up to an additional
339,000 Common Shares at the Issue Price, exercisable in whole or in part, at any time until 30 days after
the closing of the Offering for additional gross proceeds of $4,983,300 to cover over-allotments, if any,
and for market stabilization purposes.
The net proceeds of the Offering will be used to fund the advancement of the 100%-owned Diablillos
silver-gold project in the Salta province of Argentina, including early works and long lead time equipment
procurement, and for general corporate purposes, as to be further described in the Prospectus
Supplement (as defined herein).
The closing date of the Offering is expected to occur on or about July 29, 2026, and is subject to certain
conditions including, but not limited to, the receipt of all necessary approvals, including the conditional
approval from the Toronto Stock Exchange.
The Common Shares will be offered: (i) publicly in all provinces and territories of Canada, except Quebec,
by way of a prospectus supplement (the “ Prospectus Supplement”) to the Company’s short form base
shelf prospectus dated December 16, 2025 (the “ Base Shelf Prospectus ”); (ii) on a private placement
basis in the United States to “qualified institutional buyers” using Rule 144A or such other exemption as
not to require registration; and (iii) in accordance with applicable securities laws, any other jurisdictions
that would not require the filing of a prospectus, registration statement, offering memorandum or similar
document and would not result in the Company having any reporting or other obligation in such
jurisdiction.
Access to the Prospectus Supplement, the Base Shelf Prospectus and any amendment to such documents
is provided in accordance with securities legislation relating to the procedures for providing access to a
shelf prospectus supplement, a base shelf prospectus and any amendment. The Base Shelf Prospectus is,
and the Prospectus Supplement will be (within two business days from the date hereof), accessible on
SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the Prospectus Supplement, Base Shelf
Prospectus, and any amendment to such documents may be obtained, without charge, from National
Bank Financial Inc., by phone at (416) 869-8414 or by e-mail at [email protected] by providing the
contact with an email address or address, as applicable.
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
220 Bay Street, Suite 550, Toronto, ON M5J 2W4
www.abrasilver.com
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 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
Tel: +1 416-306-8334
Cautionary Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities
legislation, including but not limited to certain statements relating to the terms of the Offering and the
use of proceeds of the Offering. 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.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news
release.