Aftermath Silver Announces $15 Million Brokered LIFE Offering, With Participation by Eric Sprott

On December 15, 2025, Aftermath Silver announced a C$15 million brokered private placement of common shares at a price of C$0.90 per share. The financing is structured as a Listed Issuer Financing Exemption (LIFE) offering, making the shares immediately free-trading. Notably, renowned resource investor Eric Sprott has indicated his intent to participate. The proceeds will be used to advance the Berenguela Silver-Copper-Manganese project in Peru, including the completion of a pre-feasibility study (PFS), fund further exploration on its other projects, and for general working capital.

This financing is a game-changing event for Aftermath Silver. The C$15 million infusion, combined with existing cash, fully funds the company through its next major de-risking milestone: a Pre-Feasibility Study (PFS) for its flagship Berenguela project. This removes any near-term financing overhang and market uncertainty, allowing management to focus entirely on execution.

The participation of Eric Sprott is a significant third-party validation of the project's quality and management's strategy. Sprott's continued investment provides a powerful endorsement that can attract broader institutional and retail interest.

The financing is structured as pure equity at a minimal discount to the market price preceding the announcement, and critically, includes no warrants. This is a sign of institutional demand and strength, minimizing future potential dilution compared to typical junior financing structures. Coming just days after announcing an increased mineral resource estimate and the commencement of new drill programs, the timing is impeccable. The company has successfully translated exploration success into a fortified balance sheet, positioning it to aggressively advance its asset base.

Aftermath Silver is a Canadian junior mineral exploration and development company focused on its portfolio of silver and critical minerals projects in Peru and Chile.

The company's flagship asset is the Berenguela Silver-Copper-Manganese Project in the Puno Department of southern Peru. It is a carbonate replacement deposit that is envisioned as an open-pit operation. A December 2025 NI 43-101 Mineral Resource Estimate outlined a Measured & Indicated resource of 122.5 million ounces of silver, with significant copper and manganese by-products. The company is advancing the project towards a Pre-Feasibility Study (PFS) and highlights the potential to produce high-purity manganese sulphate (HPMSM), a critical component in EV batteries.

The company also holds the Challacollo silver-gold project and the Cachinal silver-gold project, both located in Chile.