AbraSilver Consolidates Diablillos Footprint with Multiple Acquisitions to Add Future Exploration Upside and Expansion Potential

Executive Summary

• AbraSilver entered into multiple agreements to acquire or option additional mining properties surrounding its flagship Diablillos project in Argentina, expanding its land package by >6,200 ha.
• Total consideration is approximately US$4.65 million (US$3.70 M cash + ~US$0.95 M in AbraSilver common shares).
• The acquisitions provide strategic water‑resource access and infrastructure rights that support future life‑of‑mine extensions and throughput expansions envisioned in the upcoming Definitive Feasibility Study.

Key Details

• Overall Transaction: US$4.65 million total consideration (US$3.70 M cash, ~US$0.95 M in AbraSilver common shares).
• Bianca X Property: Acquired for US$100,000 cash + issuance of 94,650 AbraSilver common shares (“Consideration Shares”).
• El Chanal Property: Option to acquire for US$350,000 cash; option exercisable by 7 May 2026.
• Condoryacu Project: Up‑front cash payment of US$250,000; additional optional cash payment of US$2.5 M exercisable by 15 Mar 2026.
• María Amalia I Concession: Option to acquire for US$250,000 cash; option exercisable by 15 Mar 2026.
• Mi Belelo III Property: Acquired for US$250,000 cash.
• Natalia Property: Acquired for US$250,000 cash.
• Land Expansion: Combined acquisitions add >6,200 ha to the Diablillos land package, creating a more contiguous footprint for exploration and future development.
• Strategic Benefits:
• Additional water rights (Bianca X & El Chanal) to support potential throughput beyond the base‑case 9,000 t/d.
• New exploration targets (Condoryacu) with historic gold‑silver mineralization and a sulphide component distinct from current oxide resources.
• Consolidated surface rights (Mi Belelo III & Natalia) for future infrastructure development.
• Consideration Shares: Subject to TSX conditional acceptance; statutory hold period of four months + one day applies.
• CEO Quote: John Miniotis emphasized that the acquisitions “de‑risk” and enhance long‑term value, providing flexibility for life‑of‑mine extension and throughput expansion in the forthcoming DFS.

Notable Quotes

“These strategic acquisitions represent a proactive step in de‑risking and enhancing the long‑term value of the Diablillos district…providing the Company with the flexibility and optionality required to scale the Project well beyond the base‑case parameters of our upcoming Definitive Feasibility Study.” – John Miniotis, President & CEO

All forward‑looking statements are subject to risks and uncertainties; see the full release for cautionary language.