Mr. Keith Anderson reports

SILVER SANDS PROCEEDS TO PRIVATE PLACEMENT AND DEBT SETTLEMENT

Pursuant to its price protection, Silver Sands Resources Corp. will proceed to a private placement financing of up to 6.5 million units at 7.5 cents per unit for gross proceeds of up to $487,500. Each unit consists of one common share at 7.5 cents and one-half of one transferable share purchase warrant. Each whole warrant is exercisable at 15 cents per common share for a period of 24 months from closing.

Seven per cent finders' fees in cash and warrants may be payable on a portion of the private placement.

Debt settlement

The company has entered into debt settlement agreements with two directors, the corporate secretary and one consultant of the company, the latter being an arm's-length third party, pursuant to which the company has agreed to issue an aggregate of 2,365,000 units at a deemed price of 7.5 cents per unit to settle a total indebtedness of $177,375. Each unit consists of one common share at 7.5 cents and one-half of one transferable share purchase warrant. Each whole warrant is exercisable at 15 cents per common share for a period of 24 months from closing.

The company has resolved to satisfy the outstanding indebtedness with shares and warrants to preserve its cash for operations.

The private placement and debt settlement transactions are subject to the approval of the Canadian Securities Exchange. Pursuant to the financing and debt settlement, an aggregate of 8,865,000 common shares and 4,432,500 warrants will be subject to a four-month-and-one-day hold period.

The company is scheduled to close the private placement and debt settlement on or before Feb. 10, 2026.

About Silver Sands Resources Corp.

Silver Sands is a Canada-based company engaged in the business of mineral exploration and the acquisition of mineral property assets in mining-friendly jurisdictions. Its objective is to locate and develop economic precious and base metal properties of merit.

We seek Safe Harbor.