Silver Storm Mining Closes First Tranche of Brokered Life Financing for Gross Proceeds of $10,541,050, Including Investment by Eric Sprott

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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/

TORONTO / Jun 05, 2025 / Business Wire / Silver Storm Mining Ltd. (“Silver Storm” or the “Company“) (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced best efforts brokered private placement for total gross proceeds of $10,541,050 (the “Offering”), which includes the partial exercise of the agents’ option. Under the Offering, the Company sold 81,085,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). Red Cloud Securities Inc. is acting as lead agent and bookrunner for the Offering and Ventum Financial Corp. is acting as co-agent (collectively, the “Agents”). The Offering was originally announced on June 20, 2025, and subsequently updated on June 29, 2025,…

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