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HAMR.CN ·

Close Private Placement

Financings

Silver Hammer Mining Corp.

Suite 300 – 1055 West Hastings,

Vancouver, BC

V6C 2E9

Page 1 of 2

SILVER HAMMER ANNOUNCES CLOSING OF NON-BROKERED

PRIVATE PLACEMENT OF UNITS

April 21, 2025 – Vancouver, BC – Silver Hammer Mining Corp. (CSE: HAMR ) (the

“Company” or “ Silver Hammer ”) announces that further to its news release of April 11,

2025, it has closed its non-brokered private placement issuing 572,727 units (the “Units”) at

CAN$0.055 per Unit for gross proceeds of CAN$31,500 raised (the “Offering”). Each Unit

consists of one common share in the capital of the Company (a “Share”) and one transferrable

common share purchase warrant (a “ Warrant”). Each Warrant entitle s the holder thereof to

purchase one additional Share at a price of CAN$ 0.07 for a period of three years from the

closing of the Offering.

No finder’s fees were paid in connection with the Offering. All securities issued in connection

with the Offering are subject to a statutory hold period of four months expiring on August 22,

2025, in accordance with applicable securities legislation. The Company intends to use the

proceeds raised from the Offering for general working capital.

About Silver Hammer Mining Corp.

Silver Hammer Mining Corp. is a junior resource company focused on advancing past-

producing high-grade silver projects in the United States. Silver Hammer controls 100% of the

Silver Strand Mine in the Coeur d’Alene Mining District in Idaho, USA, as well both the Eliza

Silver Project and the Silverton Silver Mine in Nevada and the Lacy Gold Project in British

Columbia, Canada. Silver Hammer’s primary focus is defining and developing silver deposits

near past-producing mines that have not been adequately tested. The Company’s portfolio also

provides exposure to copper and gold discoveries.

On Behalf of the Board of Silver Hammer Mining Corp.

Peter A. Ball

President & CEO, Director

E: [email protected]

For investor relations inquiries, contact:

Peter A. Ball

President & CEO

778.344.4653

E: [email protected]

Forward Looking Information

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This press release contains “forward -looking information” within the meaning of applicable Canadian securities

legislation. Forward-looking information in this press release include s, without limitation, statements relating to

the Offering and the use of proceeds therefrom and other statements which are subject to a number of conditions,

as described elsewhere in this news release. These statements are based upon assumptions that are subject to

significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market

conditions, general economic factors, management’s ability to manage and to operate the business, and explore

and develop the projects of the Company, and the equity markets generally. Because of these risks and uncertainties

and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company

may differ materially from those anticipated and indicated by these forward-looking statements. Any number of

factors could cause actual results to differ materially from these forward -looking statements as well as future

results. Although the Company believes that the expectations reflected in forward lo oking statements are

reasonable, they can give no assurances that the expectations of any forward -looking statements will prove to be

correct. Except as required by law, the Company disclaims any intention and assume no obligation to update or

revise any f orward-looking statements to reflect actual results, whether as a result of new information, future

events, changes in assumptions, changes in factors affecting such forward -looking statements or otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the

United States. The securities have not been and will not be registered under the U.S. Securities Act or any state

securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under

the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.