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Silver Predator Corp. Announces Update to Private Placement to Fund Copper King Exploration

Financings

NEWS RELEASE

TSXV:SPD

March 22, 2022

NR 22-01

www.silverpredator.com

Silver Predator Corp. Announces Update to Private Placement to Fund Copper King Exploration

Vancouver British Columbia, March 22, 2022: Silver Predator Corp. (TSXV: SPD) (the “ Company” or “ Silver

Predator”) announces that, pursuant to its n ews release of August 20, 2021, it has closed the first tranche of a

Cdn$2 million private placement to secure funding for the exploration of it s Copper King project in Idaho and to

repay its $250,000 promissory note from Till Capital. In this first tranche closing, the Company raised gross proceeds

of Cdn$128,000 from the sale of 1,165,255 units priced at Cdn$0.11 per unit, each unit consisting of one common

share plus one share purchase warrant exercisable for two years to acquire an additional common share (a

“Warrant Share”) at a price of Cdn$0.165 per Warrant Share. The shares and warrants issued in the first tranche

closing and any Warrant Shares are subject to a four month hold period ending July 22, 2022.

Silver Predator Corp.

Silver Predator is a mining exploration company with properties in the western U nited States. The Company

owns the Copper King project, located in the eastern portion of the famous Coeur d’ Alene Silver District near

Mullan, ID, the Taylor silver project near Ely, NV, and the Cordero, Cornucopia, and Treasure H ill properties in

Nevada.

For additional information:

Nathan A. Tewalt

Chairman

or

John T. Rickard

Chief Executive Officer

208-635-5415

[email protected]

[email protected]

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. No stock exchange,

securities commission or other regulatory authority has approved or disapproved the information contained

herein.