Silver Storm Mining and Till Capital Corporation Announce Completion of Plan of Arrangement
NEWS RELEASE
SILVER STORM MINING AND TILL CAPITAL CORPORATION ANNOUNCE
COMPLETION OF PLAN OF ARRANGEMENT
Toronto, Ontario, July 18, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the “Company”) (TSX.V:
SVRS | OTCQB: SVRSF | FSE: SVR) and Till Capital Corporation (“Till”) (TSX.V: TILL) are pleased
to announce the successful acquisition by Silver Storm of all of the issued and outstanding common
shares of Till pursuant to a court -approved plan of arrangement (the "Arrangement"), whereby a
wholly-owned subsidiary of Silver Storm amalgamated with Till and all of the issued and outstanding
common shares of Till (the "Till Shares") were exchanged for units of Silver Storm (each, a "Silver
Storm Unit"), with each Till shareholder receiving 16.360 Silver Storm Units for each Till common
share previously held.
Each Silver Storm Unit consists of:
• One (1) common share in the authorized capital of Silver Storm (each a “Silver Storm Share”,
with the Silver Storm Shares comprising part of the Units referred to as a “Unit Share”);
• One-quarter (1/4) of a purchase warrant to acquire one (1) Silver Storm Share (each whole
warrant, a “Warrant”) for an exercise price equal to C$0.25, with an expiry date of January 18,
2027; and
• One (1) non-transferable contingent value right (each, a “ CVR”) , entitling the holder to an
additional cash payment equal to such holder’s pro rata share of the proceeds from the sale
of the Company’s 33.3% ownership interest in IG Far East LLC (the “CVR Contingent Event”),
if such sale occurs within 24 months of the Effective Date. If the CVR Contingent Event does
not occur within such 24-month period, the CVRs will be cancelled without payment.
The Arrangement became effective as of today’s date by way of a three-cornered amalgamation under
the provisions of the Business Corporations Act (British Columbia), whereby Till25 Capital Corp. , a
wholly-owned subsidiary of Silver Storm, amalgamated with Till. All of the issued and outstanding Till
Shares following the amalgamation were exchanged for Silver Storm Units on a 16.360-for-1 basis.
Pursuant to the Arrangement, Silver Storm issued to the former holders to Till Shares:
• a total of 52,211,558 Silver Storm Unit Shares;
• a total of 13,052,890 Warrants;
• a total of 52,211,558 CVRs.
Upon completion of the Arrangement ("Closing"), Silver Storm has 677,880,831 Silver Storm Shares,
233,213,229 Warrants, 19,700,000 options and 52, 211,558 CVRs issued and outstanding. All pre-
existing directors and officers of Till resigned upon Closing. The Till Shares are expected to be delisted
from the TSXV effective as of the close of markets on July 21, 2025. Silver Storm Shares will continue
to trade on the TSXV under the symbol "SVRS".
Additional Information about the Arrangement
Further information regarding the Arrangement is set out in the news releases of Silver Storm and Till
dated May 5, 2025 and July 10, 2025 and which has been publicly filed by Silver Storm and Till under
their respective profiles on SEDAR+ at www.sedarplus.ca and the management information circular
of Till dated June 5, 2025 (the "Circular") which has been publicly filed under Till’s profile on SEDAR+
at www.sedarplus.ca.
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, 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”, “antic ipates”,
“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 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 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 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, including, but not limit ed 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.