Silver North closes $370,050 private placement

Mr. Jason Weber reports SILVER NORTH CLOSES $370,050 NON-BROKERED PRIVATE PLACEMENT Silver North Resources Ltd. has closed its non-brokered non-flow through private placement (the HD unit offering) announced on July 15, 2025. The company raised $370,050 from the sale of 2,467,000 units (the HD units) of the company at a price of 15 cents per HD unit. Each HD unit consists of one common share and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder thereof to purchase one common share of the company for a period of 48 months from the issue date of the HD units at an exercise price of 35 cents per warrant share. Finders' fees of $10,404 in cash and 69,360 in finders' warrants were paid to eligible parties. Each finder's warrant entitles the holder to purchase one common share for 15 cents per common share for a period of two years from closing. All securities under this HD unit offering are subject to a four-month hold from the date of closing. Proceeds of the HD units will be used for general and administrative expenses and project pipeline development. Flow-through unit offering update The flow-through unit offering first announced on June 23, 2025, for aggregate gross proceeds of $2.1-million from the sale of flow-through units of the company (the FT units) at a price of 21 cents per FT unit is fully subscribed. The FT unit offering is expected to close in mid-August. Each FT unit will comprise one common share and one-half of one common share purchase warrant of the company, each of which will qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada). Each warrant will entitle the holder thereof to purchase one common share of the company for a period of 48 months from the issue date of the FT units at an exercise price of 35 cents per warrant share. The warrant share will be issued on a non-flow-through basis. In connection with the FT unit offering, certain purchasers of FT units intend to subsequently (i) donate some or all of such FT units to registered charities, who may sell such FT units to third party investors, and/or (ii) sell some or all of such FT units to third party investors. About Silver North Resources Ltd. Silver North's primary assets are its 100-per-cent-owned Haldane silver project (next to Hecla Mining Inc.'s Keno Hill mine project), the Tim Silver project (under option to Coeur Mining Inc. in the Silvertip/Midway district, British Columbia and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions. The company is listed on the TSX Venture Exchange under the symbol SNAG, trades on the OTCQB market in the United States under the symbol TARSF and under the symbol I90 on the Frankfurt Stock Exchange. Jason Weber, PGeo, president and chief executive officer of Silver North Resources, is a qualified person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release. We seek Safe Harbor.