Silver Wolf Announces Upsizing of Life Offering of Units To Up To C$2.125 Million

Executive Summary

• Silver Wolf Exploration Ltd. announced an upsized non‑brokered private placement (“Updated Offering”) of up to 14,166,665 units at C$0.15 per unit, targeting gross proceeds of up to C$2.125 million (minimum C$1.5 million).
• Net proceeds will fund a 13‑hole, 3,000 m drill program on the Skarn target at the Ana Maria property in Mexico and provide general working capital.
• Each unit consists of one common share and half of a non‑transferable warrant to purchase an additional share at $0.25 for up to 36 months; the offering is exempt under the Listed Issuer Financing Exemption.

Key Details

• Units Offered: Up to 14,166,665 units (increase from prior maximum of 10,000,000).
• Purchase Price: C$0.15 per unit.
• Gross Proceeds Target: Up to C$2,125,000; minimum commitment of 10,000,000 units for at least C$1,500,000.
• Previous Offering Terms: Max 10,000,000 units for up to C$1,500,000; minimum 6,000,000 units for at least C$900,000.
• Unit Composition:
• 1 common share of Silver Wolf.
• ½ of a non‑transferable warrant; two halves equal one whole warrant.
• Warrant Terms: One whole warrant (i.e., two halves) allows purchase of one additional common share at an exercise price of $0.25, exercisable any time within 36 months from issuance.
• Exemptions Used: Listed Issuer Financing Exemption; units may be sold to QIBs in the U.S. under Rule 144A and to accredited investors under Regulation D.
• Geographic Availability: All Canadian provinces except Quebec; also offshore jurisdictions where permitted.
• Use of Proceeds:
• Execution of a 13‑hole, 3,000 m drilling program at the Skarn target on the central claim of the Ana Maria property (Mexico).
• General working capital for Silver Wolf Exploration Ltd.
• Related Party Participation: Insiders may participate; such participation is expected to be exempt from MI 61‑101 valuation and minority‑shareholder approval thresholds because the consideration does not exceed 25 % of market cap. Shares issued to insiders may carry a 4‑month resale restriction per TSX‑V policy.
• Finder’s Fees: May be paid in accordance with TSX‑V policies and applicable securities laws.
• Regulatory Conditions: Offering subject to acceptance by the TSX Venture Exchange (TSX‑V). The company reserves the right to further increase the size of the offering pending TSX‑V approval.

Notable Quotes

• “We are pleased that investor demand has allowed us to upscale our financing, providing the capital needed to advance a robust 3,000 m drill program at Ana Maria and strengthen our balance sheet.” – Peter Latta, President & Board Representative.