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BRC.V ·

Blackrock Silver Announces Grant of Long- Term Incentive Awards

Corporate Updates

Blackrock Silver Announces Grant of Long-

Term Incentive Awards

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) -

Blackrock Silver Corp. (TSXV:

BRC) (OTCQX: BKRRF) (FSE: AHZ0)

(the "

Company

" or "

Blackrock

") announces that it has

granted an aggregate total of 824,380 stock options ("

Stock Options

"), 344,766 performance share

units ("

PSUs

") and 86,538 deferred share units ("

DSUs

") to certain directors, management and

consultants of the Company and its Nevada subsidiary pursuant to the Company's Omnibus Equity

Incentive Compensation Plan (the "

Plan

").

Each Stock Option entitles the recipient to purchase one common share of the Company (each, a

"

Common Share

") at an exercise price per Common Share of $1.57 and will vest as to one-third on

each of the first, second and third anniversaries of the date of grant and will expire on January 19, 2031.

Each PSU entitles the recipient to receive one Common Share, or a cash payment equal to the Fair

Market Value (as defined in the Plan) of the Common Shares on the vesting date, or a combination of

Common Shares and cash, as determined in the sole discretion of the Compensation Committee of the

Board of Directors of the Company. The PSUs awarded will vest as to one-third on each of the first,

second and third anniversaries of the date of grant, subject to the achievement of certain corporate and

individual performance criteria.

Each DSU entitles the recipient to receive one Common Share upon settlement of the DSU. The DSUs

awarded will fully vest on the first anniversary of the date of grant date, being January 19, 2027, and will

settle on the DSU holder's termination of service with the Company.

For further information regarding the Plan, readers are encouraged to review the management

information circular (the "

Circular

") prepared for the Company's annual general meeting of shareholders

held on November 21, 2025, which includes a summary of the material terms of the Plan. The Circular is

available under the Company's profile on SEDAR+ (

www.sedarplus.ca

) and by visiting the Company's

website (

www.blackrocksilver.com

).

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration

and development company driven to add shareholder value. Anchored by a seasoned Board of

Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of

low-sulphidation, epithermal gold and silver mineralization located along the established Northern

Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

Additional information on Blackrock Silver Corp. can be found on its website at

www.blackrocksilver.com

and by reviewing its profile on SEDAR at

www.sedarplus.ca

.

For further information, please contact:

Andrew Pollard, President & Chief Executive Officer

Blackrock Silver Corp.

Phone: 604 817-6044

Email:

[email protected]

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

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

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/280911