Silver Hammer Closes CDN$3,913,617 Non-Brokered Private Placement Pursuant to Listed Issuer Exemption

Executive Summary

• Silver Hammer Mining Corp. closed its previously announced non‑brokered private placement, issuing 39,136,170 units at CDN $0.10 per unit for gross proceeds of approximately CDN $3.9 million.
• Each unit includes one common share and half a warrant to purchase an additional common share at $0.15 for 36 months; finder’s fees of CDN $52,990 were paid along with issuance of 1,474,900 finder’s warrants.
• Proceeds will be used to fund exploration on the Silver Strand, Fahey Group (Idaho), Eliza and Silverton projects (Nevada) and for general working capital.

Key Details

• Units Issued: 39,136,170 units at CDN $0.10 per unit.
• Gross Proceeds: Approximately CDN $3,913,617.
• Unit Composition: 1 common share + ½ warrant (each warrant exercisable at $0.15 per share for 36 months).
• Finder’s Compensation: CDN $52,990 cash paid; 1,474,900 finder’s warrants issued (exercise price $0.15, 36‑month term, hold period of four months + one day).
• Use of Proceeds: Exploration of Silver Strand and Fahey Group projects in Idaho; Eliza and Silverton projects in Nevada; general working capital and corporate purposes.
• CEO Quote: Peter A. Ball highlighted the rapid closing, strong shareholder interest, and positioning to explore high‑grade historical silver mines and the newly acquired Fahey Group project.

Notable Quotes

“The Company is pleased to close our private placement quickly and receive significant interest from new and existing shareholders… The Company is now positioned well financially to fully explore its multiple high‑grade and drill‑ready historical silver mines in Idaho and Nevada.” – Peter A. Ball, President & CEO.