Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MSG.V ·

Mithril Silver and GOLD Ltd. Engages ICP Securities Inc. FOR Automated Market Making Services

Marketing Announcement

ASX: MTH

TSXV: MSG

OTCQB: MTIRF

November 28, 2025

www. mithrilsilvergold.com

| 1

MITHRIL SILVER AND GOLD LTD. ENGAGES ICP SECURITIES INC. FOR

AUTOMATED MARKET MAKING SERVICES

Vancouver, Canada – November 28, 2025 - Mithril Silver and Gold Limited ("Mithril” or the "Company")

(TSXV: MSG) (ASX: MTH) (OTCQB: MTIRF) is pleased to announce that it has engaged the services of ICP

Securities Inc. (“ICP”) to provide automated market making services, including use of its proprietary

algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Exchange and other

applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement

between the Company and ICP was signed with a start date of December 1, 2 025, and is for four (4)

months (the “Initial Term”) and shall be au tomatically renewed for subsequent one (1) month terms

(each month called an “Additional Term”) unless either party provides at least thirty (30) days written

notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance

factors contained in the agreement and no stock options or other compensation in connection with the

engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.

ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct

temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for

the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds

or securities for the market making activities.

ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making

and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium ™, that

enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution,

and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision

and execution services to a broad array of public issuers and institutional investors.

ADDITIONAL ENGAGMENTS

Additionally, the Company has engaged Ignite Partners for a six (6) month investor Engagement Service

to research and introduce new investors to the Company; distribute news to their vetted investor network

(focus on APAC);to co -ordinate company roadshow’s particularly in Hong Kong & Singapore and to

facilitate the Company’s participation in its Annual Ignite Investment Summit in Hong Kong in April

2026. Over a 6 -month engagement the fee for these services will be US$31,000. No stock options or

other compensation will be given in connection with the engagement. Ignite Partners is an arm’s length

party to the Company.

Mithril has also engaged SmallCaps IR to deliver professional investor relations services designed

specifically for ASX listed companies to deliver consistent market visibility and investor engagement for

a fee of AU$3,000 per month for a period of * mont hs. No stock options or other compensation will be

given in connection with the engagement. SmallCaps IR is an arm’s length party to the Company. The

Company is at arm’s length to SmallCap IR.

The Company has retained Departures Capital (“Departures”) to provide ongoing digital media

marketing services. Departures will work to facilitate investor awareness about the Company and its gold

exploration projects. It is budgeted that Departures will b e paid US$10,300.00 to develop required

content, for a term ending January 11, 2026. Departures is based in Australia and provides investor

relations and digital marketing services to issuers. To the best of the Company’s knowledge, Departures

does not ha ve any equity interest in the securities of the Company, or a right to acquire such an

interest. No stock options or other compensation will be given in connection with the engagement. The

Company is at arm’s length to Departures.

ASX: MTH

TSXV: MSG

OTCQB: MTIRF

November 28, 2025

www. mithrilsilvergold.com

| 2

-ENDS-

Released with the authority of the Board.

For further information contact:

John Skeet

Managing Director and CEO

[email protected]

+61 435 766 809

NIKLI COMMUNICATIONS

Corporate Communications

[email protected]

[email protected]

The Australian Securities Exchange has not reviewed and does not accept responsibility for the accuracy

or adequacy of this release.

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.