Mr. John Carter reports

SILVER BULLET MINES ENTERS STRATEGIC FINANCIAL AGREEMENTS

Silver Bullet Mines Corp. has entered into a strategic agreement with each of three accredited investors to collectively acquire 3,836,000 units at a purchase price of 18 cents per unit (a substantial premium to the current market), with each unit consisting of one common share and one non-transferable common share purchase warrant exercisable at 22 cents for a three-year term. The units will be subject to a four-month hold period. The gross proceeds from these agreements are $690,480.

Any other person who may want to enter into such an agreement on the same terms as above with the company is encouraged to immediately contact Silver Bullet. Closing should take place in the immediate future subject to regulatory approval.

Each of the three investors mentioned above is already a significant shareholder in the company and sees this as a key opportunity to accelerate Silver Bullet's growth. The company believes this type of investment provides stable long-term support for Silver Bullet and its capital structure.

It has taken longer than expected to finalize orders with potential purchasers of the company's concentrate made from material taken from the Super Champ and processed at Silver Bullet's mill in Arizona. The funds referred to above will be used to finance working capital, increase capacity in both Arizona and Idaho, and offset some of the increased costs due to the current tariff situation.

Operationally, the company advises it has completed the necessary minor adjustments to the mill to allow it to process Super Champ material into concentrate, having the specifications sought by a certain buyer. Silver Bullet is processing and intends to soon ship a bulk batch of such concentrate to this buyer for a test run through its refinery. Upon completion of that run by the buyer, its final testing and its report back to Silver Bullet, regular production shipments should commence.

Silver Bullet is still working on final agreements with other potential buyers. After completing agreements with various buyers, Silver Bullet will be able to prioritize processing of Super Champ material for each buyer.

On May 14, 2024, the company announced it had closed on $940,000 by way of convertible debentures. Silver Bullet now announces all of such debentures have been converted to equity, which in management's opinion is a further display of investor confidence in the company's business plan.

Finally, Silver Bullet announces it intends to issue, subject to regulatory approval, 339,838 shares at 16 cents per share, representing interest on other debentures equal to $54,375.74.

We seek Safe Harbor.