Silver Storm Announces Till Capital Shareholder Approval of Arrangement
NEWS RELEASE
SILVER STORM ANNOUNCES TILL CAPITAL SHAREHOLDER APPROVAL OF
ARRANGEMENT
Toronto, Ontario, July 10, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the “Company”) (TSX.V:
SVRS | OTCQB: SVRSF | FSE: SVR) is pleased to announce that, further to its news release dated
May 6, 2025, at a special meeting of the shareholders of Till Capital Corporation (“Till”) (TSX.V:TILL)
held today, the Till shareholders approved the previously announced transaction of Till with the
Company, whereby Silver Storm will indirectly acquire, by way of a court -approved plan of
arrangement (the “Arrangement”), 100% of the issued and outstanding common shares of Till (the
“Common Shares”) in accordance with the terms of an arrangement agreement entered into by the
Company and Till on May 5, 2025 (the "Arrangement Agreement").
Further information regarding the Arrangement Agreement is provided in the Company’s news release
dated May 6, 2025, a copy of which is available under Silver Storm ’s profile on SEDAR+ at
www.sedarplus.ca and on Silver Storm’s website.
Completion of the Arrangement remains subject to closing conditions as set forth in the Arrangement
Agreement, including final approval of the Supreme Court of British Columbia (the “ Court”), final
approval of the TSX Venture Exchange (the “TSXV”), and certain other conditions to implementing the
Arrangement as set out in the Arrangement Agreement. Till anticipates returning to the Court on July
15, 2025, to seek a final order of the Court approving the Arrangement. Assuming that the conditions
to closing are satisfied or waived, it is currently expected that the Arrangement will be completed on
or about July 17, 2025.
About Silver Storm Mining Ltd.
Silver Storm Mining Ltd. holds advanced- stage silver projects located in Durango, Mexico. In 2023
Silver Storm acqui red of 100% of the La Parrilla Silver Mine Complex, a prolific past producing
operation comprised of a 2,000 tpd mill as well as five underground mines and an open pit that
collectively produced 34.3 million silver -equivalent ounces between 2005 and 2019. The Company
also holds a 100% interest in the San Diego Project, which is amon g the largest undeveloped silver
assets in Mexico. For more information regarding the Company and its projects, please visit our
website at www.silverstorm.ca.
For additional information, please contact:
Greg McKenzie, President & CEO
Ph: +1 (416) 504-2024
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward Looking Statements:
Certain statements in this news release are forward- looking and involve a number of risks and
uncertainties. Such forward-looking statements are within the meaning of the phrase ‘forward-looking
information’ in the Canadian Securities Administrators’ Natio nal Instrument 51- 102 – Continuous
Disclosure Obligations. Forward- looking statements are not comprised of historical facts. Forward-
looking statements include estimates and statements that describe the Company’s future plans,
objectives or goals, including words to the effect that the Company or management and Qualified
Persons (in the case of technical and scientific information) expects a stated condition or result to
occur. Forward- looking statements may be identified by such terms as “believes”, “anticipates”,
“expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward- looking statements are
based on assumptions and address future events and conditions, by their very nature they involve
inherent risks and uncertainties. Although these statements are based on information currently
available to the Company, the Company provides no assurance that actual results wil l meet
management’s expectations. Risks, uncertainties and other factors involved with forward- looking
information could cause actual events, results, performance, prospects and opportunities to differ
materially from those expressed or implied by such for ward-looking information. Forward- looking
information in this news release includes, but is not limited to the merits of the Arrangement with Till
and the ability to successfully deploy the proceeds therefrom and realize value from the other assets
of Till, the Company's plans and expectations for La Parrilla, and the ability to eventually place the La
Parrilla Complex back into production.
In making the forward-looking statements included in this news release, the Company and Qualified
Persons (in the case of technical and scientific information) have applied several material
assumptions, including that the Company´s financial condition and development plans do not change
because of unforeseen events, that future metal prices and the demand and market outlook for metals
will remain stable or improve, management’s ability to execute its business strategy and no
unexpected or adverse regulatory changes with respect to La Parrilla and the Arrangement , the
decision to potentially place La Parrilla into production, other production related decisions or to
otherwise carry out mining and processing operations, being largely based on internal non- public
Company data and reports from previous operations and n ot based on NI 43-101 compliant reserve
estimates, preliminary economic assessments, pre-feasibility or feasibility studies, resulting in higher
risks than would be the case if a feasibility study were completed and relied upon to make a production
decision. Forward-looking statements and information are subject to various known and unknown risks
and uncertainties, many of which are beyond the ability of the Company to control or predict, that may
cause the Company’s actual results, performance or achievements to be materially different from
those expressed or implied thereby, and are developed based on assumptions about such risks,
uncertainties and other factors set out herein, including, but not li mited to, completion of the
Arrangement with Till on the terms set out in the Arrangement Agreement or at all, the ability to obtain
requisite corporate and regulatory approvals, including but not limited to the approval from the TSXV
and the Court, the ability of the Company, upon closing of the Arrangement, to incorporate Till into the
business of the Company on an economic basis and otherwise derive value therefrom , and the risk
that the Company is unable to achieve its goal of placing La Parrilla back into production.
Such forward- looking information represents management ’s best judgment based on information
currently available. No forward- looking statement can be guaranteed, and actual future results may
vary materially. Accordingly, readers are advised not to place undue reliance on forward- looking
statements or information.