Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

SWLF.V ·

Silver Wolf Announces Life Offering of Units FOR up to CAD $1.5 Millon

Financings

SWLF: TSX.V SWLFF: OTCQB

Silver Wolf Exploration Ltd. T (604) 682 3701

Suite 900-570 Granville Street F (604) 682 3600

Vancouver, BC V6C 3P1 www.silverwolfexploration.com

Not for distribution to United States newswire services or for dissemination in the United States.

October 28, 2025

SILVER WOLF ANNOUNCES LIFE OFFERING OF UNITS FOR UP TO CAD $1.5 MILLON

VANCOUVER, B.C., October 28, 2025: Silver Wolf Exploration Ltd. (TSX-V: SWLF) (OTCQB: SWLFF) (“Silver Wolf”

or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) of up to 10,000,000

units of the Company (“ Units”) at a purchase price of C$0.15 per Unit for aggregate gross proceeds of up to

C$1,500,000, subject to a minimum of 6,000,000 Units for gross proceeds of not less than C$900,000. Subject to

the acceptance of the Offering by the TSX Venture Exchange (“ TSX-V”), the Company will carry out the Offering

utilizing the Listed Issuer Financing Exemption, and the shares to be issued as part of the Units will be free-trading

except in certain cases. The Company reserves the right to increase the size of the Offering, subject to the approval

of the TSX-V.

Each Unit will be comprised of one (1) common share (“Common Share”) of the Company and one half (1/2) of

one non-transferable Common Share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder

to purchase one additional Common Share of the Company at an exercise price of $0.25 at any time up to 36

months following the date of issuance. Finder’s fees may be paid by the Company in connection with the Units

sold under the Offering as permitted under the policies of the TSX-V and applicable securities laws.

The Units may be offered in all provinces of Canada except Quebec. The Units may also be sold in offshore

jurisdictions where permitted by law, and in the United States to Qualified Institutional Buyers as defined in Rule

144A under the United States Securities Act of 1933 , as amended (the “ 1933 Act ”), as well as “accredited

investors” as defined in Rule 501(a) of Regulation D under the 1933 Act, by way of private placement pursuant to

available exemptions from the registration requirements of the 1933 Act.

The net proceeds of the Offering will be used for a 13 hole, 3,000 meter drill program at the Skarn target on the

central claim at the Ana Maria property in Mexico, and for the Company’s general working capital requirements.

There is an offering document related to this Offering that will be available and can be accessed under the

Company's profile at www.sedarplus.ca and at the Company's website at www.silverwolfexploration.com.

Prospective investors should read this offering document before making an investment decision.

To the extent that any directors and/or officers of Silver Wolf (collectively, the " Insiders") participate in the

Offering, such participation will constitute a "related party transaction" within the meaning of Multilateral

Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company

expects any participation by the Insiders in the Offering will be exempt from the formal valuation and minority

shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101 based on

the fact that neither the fair market value of the Units subscribed for by the Insiders, nor the consideration for the

Units to be paid by the Insiders, will exceed 25% of the Company's market capitalization. Common Shares issued

to Insiders under the Offering may also be subject to a 4-month resale restriction under TSX-V policies.

News Release

News Release – October 28, 2025

SILVER WOLF ANNOUNCES LIFE OFFERING OF UNITS FOR UP TO CAD $1.5 MILLON

Page 2

About Silver Wolf

Silver Wolf is an exploration company focused on exploring high potential projects in prime silver and gold regions

of Mexico including the Ana Maria and El Laberinto properties. The Ana Maria claims are located 21 kilometres

(km) northwest of the City of Gómez Palacio and the adjacent City of Torreón. The property consists of 9 mining

concessions encompassing 2,549 hectares (ha). The claims are located in a well -known area that is prolific for

carbonate replacement deposits (CRDs) as well as skarn deposits in the vicinity of many active or historic mining

operations. The Company has operational synergies with Avino Silver & Gold Mines Ltd. and shares many years of

combined experience in exploration, development and production. In addition, Silver Wolf has an experienced

geological field team who have worked on similar projects with a demonstrated understanding of the jurisdiction

and local communities.

For further information please contact Silver Wolf Exploration Ltd. at ph. (604) 682 -3701 or visit our website at

www.silverwolfexploration.com.

The management team at Silver Wolf welcomes the opportunity to connect with investors and answer questions.

Connect with us on Twitter @SWLFexploration and on LinkedIn at Silver Wolf Exploration Ltd.

ON BEHALF OF THE BOARD

"Peter Latta"

_________________________________

Peter Latta

President

Cautionary Note

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-

looking statements relate to information that is based on numerous assumptions and involve known and unknown risks, uncertainties and

other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performan ce, or

achievements of the Company to be materially different from any projected future results, performance, or achi evements expressed or

implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political

and social uncertainties; delay or failure to receive board, shareholder or regulatory approv als; and the uncertainties surrounding the

mineral exploration industry. Such information contained herein represents management’s best judgment as of the date hereof b ased on

information currently available. The Company does not assume an obligation to up date any forward-looking statement. Neither the TSX

Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) a ccepts

responsibility for the adequacy or accuracy of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this news release.

Not for distribution to United States newswire services or for dissemination in the United States.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in

any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ 1933 Act”) or any

state securities laws and may not be offered or sold within the United States or to , or for account or benefit of, U.S. Persons (as defined in

Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such

registration requirements is available.