Mr. John Carter reports

SILVER BULLET MINES CORP. ANNOUNCES STRATEGIC FINANCING

Silver Bullet Mines Corp. has arranged a strategic private placement of up to $1.5-million, with a lead order of $500,000. The private placement will consist of up to 12.5 million units at 12 cents per unit, with each unit consisting of one common share and one common share purchase warrant exercisable at 16 cents for a period of 36 months from the date of issue. The proceeds will be used to finance an accelerated development program at the Washington mine property in Idaho, a detailed exploration program at the Super Champ mine in Arizona, and for working capital.

The Arizona mill is processing and producing silver concentrate from mineralized material from the Super Champ mine, and the company anticipates revenue generation to commence in the first quarter of calendar 2025. The private placement is subject to regulatory approval.

In addition, the company has received TSX Venture Exchange approval to issue 481,967 common shares as payment in lieu of cash interest on convertible debentures issued in May, 2024. All major subscribers elected to receive common shares in lieu of cash.

We seek Safe Harbor.