Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%

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Original News Release

Silver Valley ends Finland deal, outlines 2026 plans

Mr. Brandon Rook reports SILVER VALLEY METALS PROVIDES CORPORATE UPDATE AND ANNOUNCES MUTUAL TERMINATION OF FINLAND TRANSACTION Silver Valley Metals Corp. has provided a corporate update to shareholders, including the mutual termination of the previously announced transaction to acquire the Leilipalo and Pasto gold projects in Finland, results from the company's annual general meeting (AGM), a summary of the company's strengthened corporate positioning, and an update on its strategy moving into 2026. Silver Valley and the shareholders of 1531472 B.C. Ltd., an arm's-length privately held corporation (PrivCo), have mutually agreed to terminate the previously announced share exchange agreement entered into on Aug. 5, 2025, pursuant to which Silver Valley was to acquire all of the issued and outstanding shares of PrivCo, which owns the Leilipalo and Pasto gold projects in Finland. The agreement is terminated effective Dec. 12, 2025, pursuant to a mutual termination agreement executed by Silver Valley and all the shareholders of PrivCo. Key terms of the termination agreement include: PrivCo has assumed certain expenses incurred by Silver Valley in connection with the proposed transaction. Should PrivCo complete a future go-public transaction or sell the projects to a public company, Silver Valley will receive an equity stake in the resulting issuer. Silver Valley has transferred its technical due diligence materials and all other pertinent information relating to the projects to PrivCo. All parties have granted mutual releases, leaving no continuing obligations beyond those defined in the termination agreement. AGM update Silver Valley is also pleased to report that all matters submitted to shareholders at the company's AGM on Dec. 12, 2025, were approved with approximately 99.9-per-cent support, that included: election of directors, appointment of auditor, reapproval of the company's equity incentive plans, and all other customary corporate and administrative resolutions. Strategic outlook for 2026 Silver Valley enters 2026 with a strengthened corporate platform, an exceptionally tight share structure, no cash constraints and several valuable assets that collectively position the company for growth. With only 19.2 million common shares outstanding, Silver Valley maintains one of the leanest capital structures among its TSX-V peers. The company's current assets include: Silver Valley holds a meaningful equity position in Silver Dollar Resources (Canadian Securities Exchange: SLV) that owns advanced stage multimillion-ounce silver assets in Mexico. Silver Valley retains royalty interests on the Ranger-Page project, in the Silver Valley, Idaho, United States, providing long-term optionality should the project advance. Silver Valley also expects to receive future equity from any go-public or sale transaction pursued by the vendor of the Finnish projects, creating additional embedded value. The company holds 100 per cent of the Mexi-Can lithium-potash project in Mexico, which hosts a National Instrument 43-101 inferred resource totalling 243,000 tonnes of lithium carbonate equivalent (LCE) and 12.3 million tonnes of sulphate of potash (SOP) from near-surface sediments averaging only five metres in depth. The large-scale salar system remains open in all directions, offering multicommodity potential and long-term optionality in both lithium and fertilizer markets. Silver Valley continues to keep the project in good standing with minimal work commitments during this time of lower lithium prices while continuing to evaluate potential joint venture partners for the project. As part of its overall corporate strategy moving into 2026, Silver Valley is actively evaluating and pursuing a high-impact metals projects for acquisition to add to its portfolio of assets. Management's objective is to secure a project of substantial scale, technical strength and long-term development potential -- one capable of transforming the company's growth trajectory. The company will provide further updates as the future acquisition materializes. Year-end message to shareholders President and chief executive officer Brandon Rook commented: "As we close out 2025, I want to extend my sincere appreciation to our shareholders for their patience, confidence and continued support. This year required discipline and careful assessment, and your trust has allowed us to position Silver Valley with a tight share structure, valuable underlying assets and no cash constraints moving into 2026. "We look ahead with optimism as we pursue the next acquisition that we anticipate will add significant value to our existing asset base. We are well positioned for a year of meaningful advancement and value creation in 2026 and look forward to delivering a successful and catalyst-rich year ahead." Qualified person The scientific and technical information contained in this news release has been reviewed and approved by Timothy Mosey, BSc, MSc, SME registered member, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Mosey is an independent director and technical adviser to Silver Valley Metals. About Silver Valley Metals Corp. Silver Valley Metals is a Canadian exploration company comprised of a group of experienced exploration, mining and financing specialists focused on the pursuit of mineral discovery and development. The company maintains strategic and precious mineral properties, including lithium-potash deposits in Mexico, a meaningful equity stake in Silver Dollar Resources (CSE: SLV) and residual royalties' ownership at the Ranger-Page project, Idaho, United States, operated by Bunker Hill Mining (TSX Venture Exchange: BNKR). About the Mexi-Can potash-lithium project Silver Valley Metals owns a 100-per-cent interest in a lithium and potassium-bearing salar complex totalling 4,056 hectares in Zacatecas and San Luis Potosi, Mexico. The National Instrument 43-101 inferred resource includes 12.3 Mt (million tonnes) of sulphate of potash (SOP) and 243,000 tonnes of lithium carbonate equivalent (LCE) defined from surface to five metres depth. All salars remain open for expansion. We seek Safe Harbor.
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