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BAG.V ·

Blende Silver Corp. – $2,000,000 Private Placement Announcement

Financings

Blende Silver Corp.

804 –750 WEST PENDER STREET

VANCOUVER, B.C. CANADA V6C 2T7

TELEPHONE: 604-682-2928

FAX: 604-685-6905

Blende Silver Corp. – $2,000,000 Private Placement Announcement

May 25, 2021

Vancouver, Canada – Blende Silver Corp. (the “Company”) (TSX.V: BAG) announce s a non-brokered

private placement of up to 20,000,000 units, at a price of $0. 10 per unit, for gross proceeds of up to

$2,000,000. Each unit will consist of one common share and one full share purchase warrant with each

whole warrant exercisable at $0.20 per share for a period of 3 years from the closing.

The proceeds from the private placement will be used to advance the Blende property and for general

working capital. The private placement is subject to TSX Venture Exchange approval and all securities

are subject to a four month hold period. Finder’s fees may be payable in connection with the private

placement, all in accordance with the policies of the TSX Venture Exchange.

About Blende Silver Corp.

Blende Silver Corp. is a Vancouver -based junior resource company focused on silver -zinc-lead

exploration and development at the company’s flagship Blende Deposit in north -central Yukon. The

100% owned property is the largest carbonate-hosted Ag-Zn-Pb deposit in Yukon and one of the largest

undeveloped Ag-Zn-Pb deposits in Western Canada. It is winter-road accessible, 5,345 ha and situated

63 km northeast of Keno Hill, Yukon. The property has had more than $9.2M in past exploration ($5.2M

by Blende Silver); including 25,195 meters of drilling in 132 drillholes.

For further information please contact:

Blende Silver Corp.

“Andrew H. Rees”

Andrew H. Rees, Director

Tel: 604-505-3739

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the

policies of the TSX V enture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

This news release contains certain forward-looking statements which involve known and unknown risks,

delays, and uncertainties not under the control of Blende Silver Cor p. which may cause actual results,

performance or achievements of Blende Silver Corp. to be materially different from the results,

performance or expectation implied by these forward -looking statements. By their nature, forward

looking statements involve risk and uncertainties because they relate to events and depend on factors

that will or may occur in the future. Actual results may vary depending upon exploration activities,

industry production, commodity demand and pricing, currency exchange rates, and , but not limited to,

general economic factors.