Prince Silver closes $1.47M first tranche of financing

Mr. Ralph Shearing reports PRINCE SILVER CORP ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT FINANCING Further to Prince Silver Corp.'s news release dated Sept. 24, 2025, the company has closed the first tranche of its previously announced non-brokered private placement financing for gross proceeds of $1,475,040 through the issuance of 2,304,750 units of the company at a price of 64 cents per unit. Each unit consists of one common share in the capital of the company and one-half of one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of 95 cents for a period of 18 months from the date of issuance thereof. All securities issued pursuant to the first tranche are subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Finders' fees of $47,241.60 were paid in connection with the first tranche to arm's-length finders. The company intends to use the net proceeds raised from the private placement to expand the current drill exploration program on its 100-per-cent-controlled Prince Silver project, located in Nevada, United States, as well as for general corporate working capital. About Prince Silver Corp. Prince Silver is a silver exploration company focused on advancing the Prince Silver project in Nevada, United States. The known deposit identified with historic drilling is open in all directions and is near surface. The company also holds interest in the Stampede Gap project, a district-scale copper-gold-molybdenum porphyry system located approximately 15 kilometres northwest of the Prince Silver project. We seek Safe Harbor.