Silver Storm Closes Final Tranche of $4.0 Million Non-Brokered Life Financing
NEWS RELEASE
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
DISSEMINATION IN THE UNITED STATES/
SILVER STORM CLOSES FINAL TRANCHE OF $4.0 MILLION
NON-BROKERED LIFE FINANCING
Toronto, Ontario, July 7, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V:
SVRS | FSE: SVR), is pleased to announce that it has closed the second and final tranche (the “Final
Tranche”) of its previously announced non-brokered private placement (the “Offering”) for total gross
proceeds of $129,650.04 from the sale of 997,308 units of the Company (each, a “Unit”) at a price of
$0.13 per Unit (the “Offering Price”). Together with the first tranche of the Offering, the Company sold
a total of 30,800,000 Units at the Offering Price for aggregate gross proceeds of C$ 4,004,000. The
Offering was originally announced on June 23, 2025, and subsequently updated on June 27, 2025,
and July 2, 2025.
Each Unit consists of one common share of the Company (each, a “ Unit Share”) and one common
share purchase warrant (each a “ Warrant”). Each Warrant entitles the holder to purchase one
common share (each, a “Warrant Share”) at a price of $0.20 at any time on or before that date which
is thirty-six (36) months from the date of issuance.
The Units were issued to Canadian purchasers pursuant to the listed issuer financing exemption under
Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) and in reliance on the
Coordinated Blanker Order 45 -935 – Exemptions from Certain Conditions of the Listed Issuer
Financing Exemption (the “Listed Issuer Financing Exemption ”). The Unit Shares and Warrant
Shares underlying the Units are not subject to any hold period under applicable Canadian securities
legislation if sold to purchasers resident in Canada. The Units sold under the Offering to offshore and
purchasers in the United States were sold in accordance with OSC Rule 72-503 - Distributions Outside
Canada (“OSC Rule 72-503”). The Units sold to purchasers in the United States will be made on a
private placement basis pursuant to one or more exemptions from registration requirements of the
United States Securities Act of 1933, as amended (the “U.S. Securities Act”).
The Company intends to use the net proceeds from the Offering for: (i) the procurement of mine
processing flotation cells; (ii) to commence rehabilitation work of the La Parrilla processing facility
including equipment purchase and refurbishment, labour an d supplies; (iii) to order long lead items
including deposits on mining equipment and ventilation fans; (iv) to fund ongoing operations for the
next twelve months; and (v) for general corporate and working capital purposes, all as further detailed
in the amended and restated offering document related to the Offering dated June 27, 2025 that can
be accessed under the Company's profile at www.sedarplus.ca and on the Company’s website at
www.silverstorm.ca.
The Offering remains subject to the final approval of the TSX Venture Exchange (the “TSXV”).
This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in
the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful . 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 unless
registered under the U.S. Securities Act and applicable state securities laws or an exemption from
such registration is available.
About Silver Storm Mining Ltd.
Silver Storm Mining Ltd. holds advanced -stage silver projects located in Durango, Mexico. In 2023
Silver Storm acquired 100% of the La Parrilla Silver Mine Complex, a prolific past producing operation
comprised of a 2,000 tpd mill as well as five undergrou nd 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 among the largest undeveloped silver assets in
Mexico. For more infor mation 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 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 will meet
management’s expectations. Risks, uncertainties and other factors involved with forward -looking
information could cause actual events, results, performance, prospects and opportunities to dif fer
materially from those expressed or implied by such forward -looking information. Forward -looking
information in this news release includes, but is not limited to: the intended use of proceeds of the
Offering, final TSXV approval of the Offering, the Com pany'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 have applied
several material assumptions, that the Company will use the net proceeds of the Offering as
anticipated; that the Company will receive all necessary approvals in respect of the Offering; the
Company´s financial condition and development plans do not change because of unforeseen events,
and management’s ability to execute its business strategy and no unexpected or adverse regulatory
changes with respect to La Parrilla, 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 operation s and not 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.
Such forward -looking information represents managements 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 und ue reliance on forward -looking
statements or information.