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PRNC.CN ·

Prince Silver Announces Closing of $1.25 Million Non-Brokered Private Placement

Financings

PRINCE SILVER CORP. ANNOUNCES CLOSING OF $1.25 MILLION

NON-BROKERED PRIVATE PLACEMENT

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.

Vancouver, British Columbia – September 12, 2025 – Prince Silver Corp. (“Prince” or the “Company”)

(CSE: PRNC, OTC: PRNCF) is pleased to announce that it has closed its previously announced non-

brokered private placement (the “Private Placement”) for total gross proceeds of $1,250,000.

The Company issued 3,125,000 units (“Units”) at a price of $0.40 per Unit. Each Unit consists of

one common share (a “Common Share”) and one-half common share purchase warrant, with each

whole warrant exercisable to acquire one Common Share at a price of $ 0.60 for a period of 12

months from the date of issuance.

In connection with the Private Placement, the Company paid aggregate cash finders fees of

$16,695, representing 7% of the proceeds raised from certain arm’s lengt h subscribers . All

securities issued under the Private Placement are subject to a hold period of four months and one

day from the date of issuance pursuant to applicable securities laws and the policies of the

Canadian Securities Exchange.

The net proceeds from the Private Placement will be used to increase the planne d reverse

circulation drill program from 6,500 m ( 20,000 ft) to approximately 8,200 M (27,000 ft) at the

Company’s 100% owned Prince Silver Project in Nevada, USA, and for general corporate working

capital purposes.

About Prince Silver Corp.

Prince Silver Corp is a silver exploration company focused on advancing the Prince Silver Project

in Nevada, USA. The known deposit identified with historic drilling is open in all directions and is

near surface. Prince Silver Corp also holds interest in the Stampede Gap Project a district scale

copper-gold-moly porphyry system located ~15km NNM of the Prince Silver Project and, holds

option interest in the Broken Handle Project, an early -stage mineral exploration project located

southern British Columbia, Canada.

For further information on Prince Silver, please visit princesilvercorp.com

On Behalf of the Board of Directors

Ralph Shearing, Director, President

Tel: 604-764-0965

Email: [email protected]

Website: princesilvercorp.com

Cautionary Note Regarding Forward-Looking Information

Forward-Looking Information Certain statements in this news release are forward-looking statements, including with respect to

future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any

statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified

by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or

the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is

not limited to, statements with respect to: proposed drill programs, amendments to the Company’s website, property option

payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of any

forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially

from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are

beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability

to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the

Acquisition and related transactions, and compliance with property option agreements. Such statements and information are

based on numerous assumptions regarding present and future business strategies and the environment in which the Company

will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ

materially from those in forward looking statements include, the continued availability of capital and financing, litigation, failure

of counterparties to perform their contractual obligations, failure to obtain regulatory or corporate approvals, exploration results,

loss of key employees and consultants, and general economic, market or business conditions. Forward -looking statements

contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue

reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the

date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update

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

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any 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 (as defined

under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption

from such registration is available.

The CSE has neither approved nor disapproved the contents of this press release and the CSE does not accept responsibility for

the adequacy or accuracy of this release.