Silver Storm Upgraded to Trade ON the OTCQX Best Market
NEWS RELEASE
SILVER STORM UPGRADED TO TRADE ON THE OTCQX BEST MARKET
Toronto, Ontario, January 15, 2025: Silver Storm Mining Ltd. (“ Silver Storm” or the " Company")
(TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce that it has qualified to trade on
the OTCQX® Best Market (the “ OTCQX Market”), upgrading from the OTCQB® Venture Market
(“OTCQB Market”). Effective today, the common shares of the Company (“Shares”) will commence
trading on the OTCQX Market under the symbol “SVRSF”. The Company’s Shares will continue to be
listed and trade on the TSX Venture Exchange ( “TSXV”) under the symbol “SVRS” and on the
Frankfurt Stock Exchange under the symbol “SVR”.
Greg McKenzie, President & CEO of Silver Storm, commented: “We are excited to have qualified for
graduating to the OTCQX Market. This graduation improves our visibility to U.S. investors, increases
liquidity, and highlights our commitment to creating long-term value for shareholders, as we advance
toward the potential restart of operations at the La Parrilla Silver Mine Complex in the second quarter
2026.”
The OTCQX Market is designed for established, investor-focused U.S. and international companies.
To qualify for the OTCQX Market, companies must meet high financial standards, follow best practice
corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the
OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them
to demonstrate their qualifications and build visibility among U.S. investors.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on
www.otcmarkets.com.
About Silver Storm Mining Ltd.
Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm
recently completed the acquisition of 100% of the La Parrilla Silver Mine Complex, a prolific operation
which is 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 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’ National Instrument 51 -102 – Continuous
Disclosure Obligations. Forward -looking statements are not comprised of historical facts. Forward -
looking statements include estimates and statements that descr ibe 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 sta tements 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 natu re 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 oth er 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 Company’s
trading status in the U.S. market on the OTCQX Market, and the timeline and ability to place the La
Parrilla Complex back into operation.
In making the forward-looking statements included in this news release, the Company have applied
several material assumptions, including: no unexpected or adverse regulatory changes with respect
to the trading of its common shares , and that 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 have not been supported by mineral reserve estimates prepared
in accordance with NI 43-101, preliminary economic assessments, pre-feasibility or feasibility studies
that demonstrate economic and technical viability. As a res ult, there is increased uncertainty and a
higher degree of economic and technical risk associated with any such production decision than would
be the case if such mineral reserves estimates or 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. The absence of mineral
reserve estimates prepared in accordance with NI 43 -101, preliminary economic assessments, pre-
feasibility or feasibility studies supporting a production decision increases the uncertainty of achieving
any particular level of mineral recovery or the cost of such recovery, and heightens the risks associated
with developing a commercially mineable deposit. Historically, projects advanced without the support
of such mineral reserves estimates and studies have experienced a significantly higher incidence of
economic and technical failure. There can be no assurance that production at L a Parrilla will
commence as anticipated or at all, or that any anticipated production levels or operating costs will be
achieved. A failure to commence production would have a material adverse effect on the Company’s
ability to generate revenue and cash fl ow to fund its operations. Similarly, a failure to achieve
anticipated production costs would have a material adverse effect on the Company’s cash flow and
future profitability.
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.