Silver Storm Mining closes first tranche of non-brokered private placement, raising $14.63 million at $0.5/unit

• Silver Storm Mining closed a first tranche of a non-brokered private placement, raising $14.63 million from 29,250,000 units priced at $0.5.
• Offering size increased to as many as 42,000,000 units for up to $21 million in gross proceeds, citing strong demand.
• Each unit includes one common share plus a half-warrant exercisable at $0.7 for 18 months.
• Eric Sprott subscribed for 15,000,000 units for $7.5 million; ownership rises to about 12.9% non-diluted.
• Proceeds targeted for surface and underground drilling at the La Parrilla Silver Mine Complex, including working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silver Storm Mining Ltd. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.