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PNTR.V ·

Pantera Silver Closes Non-Brokered Private Placement

Financings

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Pantera Silver Corp. 1166 Alberni Street, Suite 1201, Vancouver, BC, V6E 3Z3

Not for distribution to United States newswire services or for release publication, distribution or dissemination

directly, or indirectly, in whole or in part, in or into the United States.

Pantera Silver Closes Non-Brokered Private Placement

Vancouver, B.C., (March 29th, 2021): Pantera Silver Corp. (“PNTR”: TSX-V, “Pantera”, “the Company”)

is pleased to announce it has closed a non-brokered private placement at a price of CAD$0.12 per unit ("Unit")

for proceeds up to CAD$180,000.00 (the "Private Placement") previously announced on March 15 th, 2021.

Each Unit will consist of one Pantera Share and one Pantera Share purchase warrant at a price of $0.20,

exercisable for a period of two years from issuance (the "Warrants"). Pantera intends to use the net proceeds

from the Private Placement for general c orporate purposes and working capital. All securities distributed

pursuant to the Private Placement will be subject to a statutory hold period of four months from the date of

issuance.

About Pantera Silver Corp.

Pantera Silver Corp. is a mineral exploration company committed to enhancing shareholder value by

advancing a diverse portfolio of mineral projects through collaborative partnerships and highly experienced

technical teams. Pantera will continue to seek out and secure high-quality, unencumbered projects through

research, staking and strategic acquisitions. Throughout the exploration process, our mission is to help

maintain prosperous communities by exploring for and discovering resource opportunities that build lasting

relationships through honest and respectful business and environmental practices. For more information visit

http://panterasilver.com.

On behalf of the Board of Directors

“Jay Roberge”

CEO/Chairman

Pantera Silver Corp.

[email protected] / +1.778.895.0247

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.

This news release contains “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward

looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by

management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward looking

statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or

achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those

forward looking statements and the forward looking statements are not guarantees of future performance. Pantera Silver Corp disclaims

any obligation to update or revise any forward looking statements, whether as a result of new information, events or otherwise, except

as required by law.