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SILV.V ·

Silver Valley Metals Announces $2 Million Private Placement Financing

Financings

Silver Valley Metals Announces $2 Million

Private Placement Financing

Vancouver, British Columbia – January 29, 2026 – Silver Valley Metals Corp. (TSXV: SILV)

(OTCQB: SVMFF) (“Silver Valley” or the “Company”), announces that it has filed documents with the

TSX Venture Exchange (the “Exchange”) seeking conditional approval for its non-brokered private

placement (the “Financing”).

On receipt of Exchange approval the Company will issue 16,666,667 units at a price of $0.12 per unit (the

“Units”), each Unit consisting of one common share and one common share purchase warrant (“Warrants“),

each Warrant entitling the holder to purchase a common share of the Company at an exercise price of $0.25

for 24 months from the date of issue, for aggregate gross proceeds of $2 million.

Four (4) insiders of the Company are subscribing to the Financing for $504,000.00, that portion of the

Financing being a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority

Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the formal valuation

and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a),

respectively, as the fair market value of the subject matter of the transaction does not exceed 25% of the

Company’s market capitalization.

All securities issued pursuant to the Financing are subject to a statutory hold period of 4 months and one

day from the date of issue.

The Company intends to use the net proceeds from the Financing to advance the development of Silver

Valley’s business and asset portfolio. Specifically, funds will be allocated toward:

• Evaluation and advancement of advanced-stage, high-quality mineral opportunities, including the

review of projects with Tier-1 jurisdictional and geological characteristics, with a focus on assets

capable of creating near- to medium-term shareholder value;

• Strengthening the Company’s technical and advisory capabilities, including the ongoing assembly

of a highly experienced technical, geological, and corporate team to support disciplined project

evaluation, development, and execution;

• Broadening and strengthening the shareholder base, including the addition of strategic, long-term

investors with demonstrated strengths across mining finance, business development, capital

markets, and project origination;

• Continued disciplined advancement of the Mexi-Can Lithium–Potash Project, including

maintaining the project in good standing, further technical evaluation, and advancement activities

aligned with market conditions and capital efficiency; and

• General working capital purposes, including corporate overhead, business development

initiatives, and the evaluation of additional strategic opportunities.

The Company also remains pleased with its equity position in Silver Dollar Resources Inc., which

provides Silver Valley with ongoing exposure to exploration success in the Silver Valley of Idaho and

additional strategic optionality.

Link to Website: http://www.silvervalleymetals.com

About: Silver Valley Metals:

Silver Valley Metals Corp. is a Canadian exploration company led by an experienced team of exploration,

mining, and capital markets professionals focused on the acquisition, evaluation, and advancement of high-

quality mineral assets. The Company is advancing strategic and precious mineral opportunities, including

its 100%-owned Mexi-Can Lithium–Potash Project in Mexico, and maintains an equity ownership interest

in Silver Dollar Resources Inc., which holds the Ranger-Page silver-zinc-lead project in Idaho’s historic

Silver Valley, along with residual net smelter return royalties at the project.

About: Mexi-Can Lithium / Potassium (sulphate of potash) Project:

Silver Valley Metals Corp. owns a 100% interest in a lithium and potassium bearing salar complex

comprising 4,056 hectares on three mineral concessions (“the Mexico-Canada Project” or “Mexi-Can

Project”) located on the Central Mexican Plateau in the states of Zacatecas, and San Luis Potosi, Mexico.

The NI 43-101 inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes

of lithium carbonate equivalent (LCE) defined from surface to an average of 5 metres depth. The salars

remain wide open in all directions for expansion.

On behalf of the Board of Directors of Silver Valley Metals,

"Brandon Rook”

Brandon Rook, President & CEO, Director

For further information please contact: 604-484-8959

Email: [email protected]

NEITHER THE 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.

The information contained herein contains "forward-looking statements" within the meaning of applicable

securities legislation. Forward-looking statements relate to information that is based on assumptions of

management, forecasts of future results, and estimates of amounts not yet determinable. Any statements

that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events

or performance are not statements of historical fact and may be "forward-looking statements." Forward-

looking statements are subject to a variety of risks and uncertainties which could cause actual events or

results to differ from those reflected in the forward-looking statements, including, without limitation: risks

related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the

outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks

related to the maintenance of stock exchange listings; risks related to environmental regulation and liability;

the potential for delays in exploration or development activities or the completion of feasibility studies; the

uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology,

grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost

estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility

studies, and the possibility that future exploration, development or mining results will not be consistent

with the Company's expectations; risks related to commodity price fluctuations; and other risks and

uncertainties related to the Company's prospects, properties and business detailed elsewhere in the

Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should

underlying assumptions prove incorrect, actual results may vary materially from those described in forward-

looking statements. Investors are cautioned against attributing undue certainty to forward-looking

statements. These forward-looking statements are made as of the date hereof and the Company does not

assume any obligation to update or revise them to reflect new events or circumstances. Actual events or

results could differ materially from the Company's expectations or projections.