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KS.V ·

Klondike Provides Notice of Late Filing of Annual Financial Statements

Financials Regulatory & Compliance

804-750 WEST PENDER STREET

VANCOUVER, B.C. CANADA V6C 2T7

TELEPHONE: 604-682-2928

FAX: 604-685-6905

Our Vision: Silver/Zinc/Lead Production WWW.KLONDIKESILVER.COM

TSX-V: KS FRA: K1SN

Klondike Provides Notice of Late Filing of Annual Financial Statements

October 2 , 2024 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS)

announces its audited financial statements and MD&A for the fiscal year ended May 31, 2024 wi ll be

filed after the due date of September 30, 2024.

This will result in the Company being placed on the defaulting issuer list maintained by the Canadian

Securities Regulators.

In order to forestall the issuance of a Cease Trade Order, the Compan y applied for and received a

management cease trade order (“MCTO”) which will prevent management (including the CEO and

CFO) from trading any securities of the Company until the default has been corrected. The Company is

working with its auditor to cure the is sues outstanding and expects a correction within 60- days. Th e

Company will continue to address the issues and provide any updates necessary in compliance with

regulatory requirements, including those set forth in NP 12-203.

About Klondike Silver

• Klondike’s Silvana Mine Silver Zinc Lead project is located in South Eastern B.C.

• Klondike’s 114 square kilometer claim block is 138 km north of the Trail B.C. smelter.

• Klondike Silver is exploring from underground, along the 9 km “Main Lode”. The “Main Lode”

is the most prolific mineralized structure in the Slocan Mining Camp.

• There are 13 past producing mines that are situated along the “Main Lode” which have

produced 886,000 kg of silver, 95 million kg of zinc and 117 million kg lead so far. (source: BC

MINFILE).

• There are 67 past producing mines that are situated in Klondike Silver’s 11 4 square kilometer

claim block. (source: BC MINFILE).

On Behalf of the Board of Directors

KLONDIKE SILVER CORP

CEO and Director

“Thomas J. Kennedy”

Additional information can be found on Klondike Silver’s website: www.klondikesilver.com

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

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

release. The TSX Venture Exchange has not reviewed the content of this news release and therefore

804-750 WEST PENDER STREET

VANCOUVER, B.C. CANADA V6C 2T7

TELEPHONE: 604-682-2928

FAX: 604-685-6905

Our Vision: Silver/Zinc/Lead Production WWW.KLONDIKESILVER.COM

TSX-V: KS FRA: K1SN

does not accept responsibility or liability for the adequacy or accuracy of the contents of this news

release.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute “forward-looking information” under

applicable Canadian securities legislation. Forward-looking information includes, but is not limited to,

statements about strategic plans, future work programs and objectives and expected results from such work

programs. Forward-looking information necessarily involve known and unknown risks, including, without

limitation, risks associated with general economic conditions; inability to access sufficient capital from

internal and external sources, and/or inability to access sufficient capital on favourable terms; and other

risks.

Forward-looking information is nece ssarily 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 information and the risks identified in the Company’s continuous disclosure record. There

can be no assurance that such information will prove to be accurate, as actual results and future events could

differ materially from those anticipated in suc h information. Accordingly, readers should not place undue

reliance on forward-looking information. All forward-looking information contained in this news release is

given as of the date hereof and is based upon the opinions and estimates of management and information

available to management as at the date hereof. The Company disclaims any intention or obligation to update

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

otherwise, except as required by law.