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VIPR.V ·

Silver Viper Closes Private Placement

Financings

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Silver Viper Closes Private Placement

February 1, 2024 – Vancouver, BC – Silver Viper Minerals Corp. (the "Company" or "Silver Viper") (TSXV: VIPR, OTC:

VIPRF) announces that it has closed its non-brokered private placement in only one tranche as previously announced

on December 18 , 2023 (the “ Offering”). As announced on December 2 2, 2023, the Company previously issued

5,324,000 units (the “Units”) at a price of $0.10 per Unit for aggregate gross proceeds of $532,400 under the Offering

(see press release of the Company dated December 22, 2023, for additional details).

The securities described herein 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 accordingly, may not be offered or

sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and

applicable state securities requirements or pursuant to exemptions therefrom. This press release is not an offer or

a solicitation of an offer of securities for sale in the United States, nor will there be any sale of the securities in any

jurisdiction in which such offer, solicitation or sale would be unlawful.

About the Company

Silver Viper Minerals Corp. is a Canadian -based junior mineral exploration company focused on precious metals

exploration in the northwestern Mexican state of Sonora . The Company currently operates the La Virginia Gold -

Silver Project. Silver Viper has 100% ownership of the La Virginia concessions acquired from the most recent

operator, Pan American Silver Corp. , and has an option to acquire a 100% interest in the Rubi -Esperanza group of

claims internal to those concessions. Silver Viper is under management provided by the Belcarra Group, which is

comprised of highly qualified mining professionals.

ON BEHALF OF THE BOARD OF DIRECTORS,

Steve Cope

President and CEO

For Further Information , please contact Silver Viper Minerals Corp. at 604-687-8566, email

[email protected] or visit our website at www.silverviperminerals.com.

Forward Looking Information

This news release may contain forward-looking statements, including statements with respect to the terms of the Offering, closing

of the Offering and use of proceeds of the Offering. These statements reflect management's current estimates, beliefs, intentions

and expectations; they are not guarantees of future performance. Forward -looking statements address future events and

conditions and therefore involve inherent risks and uncertainties. Such factors include, among ot her things: risks and

uncertainties relating to exploration and development, the ability of the Company to obtain additional financing, the need to

comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks,

competition and other risks and uncertainties, including those described in the Company 's financial statements, management

discussion and analysis and/or annual information form available on www.sedar.com. The risk factors identified in such

documents are not intended to represent a complete list of factors that could affect the Company. Actu al results may differ

materially from those currently anticipated in such statements and the Company undertakes no obligation to update s uch

statements, except as required by law.

Neither 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 release.