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MSC.V ·

Millennium Silver Corp. Announces Private Placement and Stock Option Grant

Financings Share Capital & Compensation

FOR RELEASE: January 14, 2026 Telephone: (604) 527-8146

CONTACT: Darren Timmer, Director E-mail: [email protected]

Millennium Silver Corp. Announces Private Placement and Stock Option Grant

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR

DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, January 14, 2026 – Millennium Silver Corp. (TSX -V: MSC) (“Millennium”

or the “Company”), is pleased to announce a non-brokered private placement of up to 150,000,000 units (the “Units”), at

$0.015 per Unit, for gross proceeds of up to $2,250,000 (the “Private Placement”). Each unit is comprised of one (1)

common share and one (1) non- transferable share purchase warrant (the “Warrant”). Each Warrant shall have a term of

five (5) years from the date of issuance, and shall entitle the holder to purchase one (1) additional common share at an

escalating exercise price as follows: $0.05 per share within the first three years after issuance; $0.10 per share in years four

and five.

Closing of the Private Placement is subject to customary closing conditions, including, but not limited to, the receipt of all

necessary approvals, including the approval of the TSX Venture Exchange (the “TSXV”). Proceeds from the Private

Placement will be used for exploration, pursuant to the Company’s 2019 NI 43- 101 Technical Report, accounts payable,

and working capital.

The Company may pay up to a 6% finders' fees to eligible finders, in accordance with applicable securities laws and the

policies of the TSXV.

Insiders may participate in the Private Placement including subscriptions from related parties of the Company as defined

in Multilateral Instrument 61 -101 Protection of Minority Security Holders in Special Transactions ("MI 61- 101"). The

participation of insiders in the Private Placement is expected to be exempt from formal valuation and minority shareholder

approval requirements pursuant to exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61- 101 as the fair market

value of the transaction, insof ar as it involves interested parties, will not exceed 25% of the Company's market

capitalization.

Stock Option Grant

The Company also announces the issuance of 8,160,000 stock options with an exercise price of $0.05 per share for the

purchase of up to 8,160,000 shares of the Company, expiring January 14, 2031. The stock options are being issued to

directors, officers, employees and consultants of the Company and are subject to approval by regulatory authorities.

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

States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended

(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.

Millennium Silver Corp. (TSX -V: MSC) is focused on the exploration and development of its Nevada projects.

The Company’s common shares trade on the TSX Venture Exchange under the symbol: MSC.

ON BEHALF OF THE BOARD

“Robert Drago”

Robert Drago

President & CEO

Millennium Silver Corp. Page 2

Further information about the Company can be found on SEDAR ( www.sedarplus.ca) or at www.millennium-

silver.ca.

* * * * * * *

Neither 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. This news release may contain forward -looking statements including but

not limited to comments regarding the timing and content of upcoming work programs and other business transactions timing. Fo rward-

looking statements address future events and conditions and therefore, involve inherent risks and uncerta inties. Actual results may differ

materially from those currently anticipated in such statements.