Silver Storm Sells Non-Core Capped Royalty in Nevada, USA

Executive Summary

• Silver Storm Mining Ltd. sold its non‑core capped production gross royalty on the Springer Mine & Mill property for cash proceeds of C$2,183,000.
• The transaction provides additional liquidity and financial flexibility ahead of a planned restart of operations at the La Parrilla Silver Mine Complex in Q2 2026.
• The sale follows the 2025 acquisition of Till Capital Corp., which originally included the Springer Royalty valued at up to US$2.5 million.

Key Details

• Asset Sold: Non‑core capped production gross royalty (“Springer Royalty”) on the Springer Mine & Mill property, Nevada, USA.
• Sale Price / Proceeds: C$2,183,000 received in cash.
• Original Acquisition Context: The royalty was acquired as part of Silver Storm’s 2025 purchase of 100 % of Till Capital Corp.’s shares for a total transaction value of C$7,200,000 (including ~C$6,200,000 cash held by Till).
• Royalty Cap: The Springer Royalty is capped at US$2,500,000.
• Strategic Rationale: Monetization of a non‑core royalty asset to increase liquidity and support the anticipated restart of La Parrilla Silver Mine Complex operations in Q2 2026.
• Management Comment: Greg McKenzie (President & CEO) highlighted that the sale adds financial flexibility ahead of the potential restart of La Parrilla.

Notable Quotes

“The Springer Royalty sale represented an opportunity to monetize one of our non‑core royalty assets while adding financial flexibility and additional liquidity ahead of the potential restart of operations at the La Parrilla Silver Mine Complex in the second quarter of 2026.” – Greg McKenzie, President & CEO

All forward‑looking statements are subject to risks and uncertainties as described in the release.