Private Placement/Update re Ram Property, Golden Triangle, BC
SILVER GRAIL RESOURCES LTD.
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.silvergrail.com
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Private Placement/Update re Ram Property, Golden Triangle, BC
Victoria, British Columbia, Canada, October 2, 2025. Silver Grail Resources Ltd. (“Silver Grail”
or “the Company”) (“ SVG”-TSX-V) ) announces that it intends to complete a non -brokered private
placement consisting of the issuance of up to 2,500,000 units (“Units”) at a price of $0. 23 per Unit for
gross proceeds of up to $575,000 subject to the approval of the TSX Venture Exchange. Each Unit will
consist of one common share (“Common Share”) and a Common Share purchase warrant (“Warrant”).
Each Warrant is exercisable into one Common Share at a price of $0. 33 for a period of two years from
closing. Silver Grail’s share price closed at $0.28 on October 1, 2025.
There are no finder’s fees or other commissions associated with the transaction. Certain of the
Company’s insiders may participate in the private placement. The proceeds of the financing will be used
to pay for 2025 exploration of the Ram property as well as further exploration of the Company’s other
mineral properties in the Golden Triangle and also for general corporate purposes.
Update re Ram Property
Drilling is now complete at the Ram property with 2,056 metres having been drilled in seven holes. All
of the core has now bee n logged and diamond sawed and final shipments to the assay lab are expected
within the next days. MSALabs has been instructed to hold all assays until such time as the total
submittal from the Ram has been completed.
During the final days of the drill program, Jeff Kyba, P. Geo., visited the Ram property as well as the
Company’s Clone, Konkin Silver and Fiji properties. While walking the surface projection of Hole #7,
Jeff discovered a new showing of net -textured chalcopyrite (see photo URL below). Also included in
the URL section are a number of photos taken by drillers during the program of various select examples
of mineralized core.
URLs
https://teuton.com/Ram2025CorePhotos -- Various photos of mineralized core
https://teuton.com/NetTexturedSample -- Photo of net-textured chalcopyrite
Qualified Person
D. Cremonese, P. Eng., is the QP for Silver Grail Resources Ltd.; as President and CEO of Silver Grail
he is not independent of the Company.
About Silver Grail
Silver Grail Resources Ltd. is a junior exploration company with a large portfolio of properties in the
southern portion of the Golden Triangle region of British Columbia. Its legacy properties, some more
than thirty years old, form large islands within the vast claim holdings of Goliath Resources in this
region.
ON BEHALF OF THE BOARD OF DIRECTORS OF SILVER GRAIL RESOURCES LTD.
"Dino Cremonese"
Dino Cremonese, P. Eng.,
President and Chief Executive Officer
For further information, please visit the Company's website at www.silvergrail.com or contact:
Barry Holmes
Director Corporate Development and Communications
Tel. 778-430-5680
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Statements regarding Forward-Looking information
Certain statements contained in this press release constitute forward -looking information. These
statements relate to future events or future performance. The use of any of the words "could", "intend",
"expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking information and are based
on the Company's current belief or assumptions as to the outcome and timing of such future events.
Actual future results may differ materially.
All statements relating to future plans, objectives or expectations of the Company are forward-looking
statements that involve various risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual results to differ materially
from the Company's plans or expectations include risks relating to the actual results of current
exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays,
exploration cost overruns, availability of capital and financing, general economic, market or business
conditions, regulatory changes, timeliness of government or re gulatory approvals and other risks
detailed herein and from time to time in the filings made by the Company with securities regulators.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking
statements whether a s a result of new information, future events or otherwise except as otherwise
required by applicable securities legislation.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise except as otherwise
required by applicable securities legislation.