Silver Storm Completes Drawdown of US$7.0M Prepaid Offtake Facility with Samsung C&t
NEWS RELEASE
SILVER STORM COMPLETES DRAWDOWN OF US$7.0M
PREPAID OFFTAKE FACILITY WITH SAMSUNG C&T
Toronto, Ontario, November 4, 2025: Silver Storm Mining Ltd. (“ Silver Storm” or the "Company")
(TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR), is pleased to announce that the Company has fully
drawn US$7.0 million under the previously announced Prepaid Offtake Financing Facility (the
“Facility”) with Samsung C&T Hongkong Ltd. and QSSC, S.A. de C.V., both subsidiaries of Samsung
C&T (“Samsung C&T”), as originally announced on October 10, 2025.
Greg McKenzie, President and CEO, commented, “This is a significant milestone for Silver Storm,
providing the financial flexibility to execute our growth plans and deliver value to shareholders. We are
pleased to strengthen our partnership with Samsung C&T, a global leader in commodity trading.”
The Company intends to use the proceeds of the Facility for 1) rehabilitation and preparation activities
at the Company’s La Parrilla Silver Mine Complex (“ La Parrilla ”), including mill rehabilitation and
upgrading, underground development, and 2) for general corporate and working capital purposes.
Repayments under the Facility will be made in equal monthly installments over a 12 -month period
commencing in May 2026 and may be made as deductions from the sale of concentrates. The maturity
date of the Facility is April 30, 2027, and bears interest at the 1-month Secured Overnight Financing
Rate (SOFR) plus 4.75%.
A set-up fee of 1.25% of the funded amount was paid on draw down. No finder’s fees, bonus shares
or bonus warrants are payable in connection with the Facility. Samsung C&T is at arms -length to the
Company and does not own any other securities of the Company.
The Facility grants Samsung the right to purchase 100% of the Lead-Silver concentrates and the Zinc
concentrates produced at La Parrilla for a period of two-years.
About Silver Storm Mining Ltd.
Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm
is committed to advancing toward a potential near -term restart of its 100% owned La Parrilla Silver
Mine Complex, a prolific operation comprised of a 2,0 00 tpd mill and three underground mines. The
Company also holds a 100% interest in the San Diego Project, which is among 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, includin g 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 assump tions 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 differ
materially from those expressed or implied by such forward-looking information. Forward -looking
information in this news release includes but is not limited to: statements regarding the structure and
terms of the prepayment or structured finance facilities, the intended use of proceeds of the
Agreement, the Company's plans and expectations for La Parrilla; and the timeline and ability to place
the La Parrilla back into operation.
In making the forward -looking statements included in this news release, the Company have applied
several material assumptions, including that: that the Company will use the net proceeds of the
Agreement as anticipated; the Company´s financial condition and development plans do not change
because of unforeseen events ; management’s ability to execute its business strategy and no
unexpected or adverse regulatory changes with respect to La Parrilla ; and the decision to potentially
place La Parrilla into production, and any related production decisions are largely based on internal
Company data and reports from previous operations and not based on NI 43 -101 compliant reserve
estimates, preliminary economic assessments, pre -feasibility or feasibility studies, resulting in
increased uncertainty and higher risks of economic and technical failure than would be the case if
such studies were completed and relied upon to support a production decision. No mineral reserves
have been established for La Parrilla, and mineral resources that are not reserves do not have
demonstrated economic viability.
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 and Qualified Persons (in the case of
technical and scientific information) 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.