Cascada Silver Corp. To Become ATERRA Metals Inc

Executive Summary

• Cascada Silver Corp. is changing its corporate name to ATERRA Metals Inc., with the new ticker “ATC” effective Dec 16, 2025.
• The company is finalizing binding option agreements to acquire three advanced copper‑gold porphyry properties in Chile’s Atacama Region.
• Historical resource and drilling data for the Frontera, Taruca (Totora), and Clinton properties are disclosed as a guide for future exploration planning.

Key Details

• Name Change: Cascada Silver Corp. → ATERRA Metals Inc.; trading symbol changes to “ATC” on both CSE and OTCQB. Board resolution approved; name change effective at the opening of trade on Dec 16, 2025.
• Acquisition Targets: Three advanced‑stage copper‑gold porphyry properties in Region III, Chile (≈60 km south of Vallenar). Final option agreements are being finalized.
• Frontera Property – Historical Mineral Resource Estimate:
• 16 Mt indicated at 0.66 % CuEq (0.38 % Cu & 0.22 g/t Au)
• 34 Mt inferred at 0.64 % CuEq (0.36 % Cu & 0.22 g/t Au)
• Taruca Property (Totora Target) – Historical Drilling Highlights:
• Hole DDHTP‑02: 142 m @ 0.69 % CuEq (0.47 % Cu & 0.17 g/t Au)
• Hole DDHTO‑07: 114 m @ 0.61 % CuEq (0.23 % Cu & 0.31 g/t Au)
• Clinton Property – Historical Drilling Highlights:
• Hole RCCL‑01: 166 m @ 0.62 % CuEq (0.23 % Cu & 0.31 g/t Au)
• Hole DDHCL‑06: 278 m @ 0.61 % CuEq (0.23 % Cu & 0.30 g/t Au)
• CuEq Calculation Methodology: Copper price $4.00/lb; gold price $3,500/oz ($112.53/g). Formula: CuEq = (((Au grade × 112.53) ÷ 4.00 ÷ 2,204.6) × 100) + Cu grade. No recovery factors applied.
• Technical Disclaimer: Historical results have not been independently verified; a qualified person (Francisco Bravo) has reviewed and approved the technical information but is not independent per NI 43‑101 standards. The historical resource is not considered current under NI 43‑101.
• CEO Comment: Carl Hansen highlighted that the ATERRA name reflects the company’s focus on Atacama’s mineral‑rich terrain and its three‑decade track record in discovering high‑value deposits, underscoring the strategic intent behind the pending acquisitions.

Notable Quotes

“The name ATERRA Metals is inspired by the potential of Atacama's mineral‑rich terrain… This experience and sustained success underpins our strategy for generating meaningful shareholder value as we finalize the recently announced acquisitions of three advanced‑stage copper‑gold properties.” – Carl Hansen, CEO