File: '\\swfile\EmailIn\20260730 102738 Attachment News Release for Early Warning Report for Countryman for purchase of shares, convertible debentures and warrants of Silver Bullet (July 2026).docx'

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G. David Richardson Files Early Warning Report

Acquisition

VANCOUVER, July 30, 2026 - G. David Richardson (the "Acquiror") announces that:

On October 15, 2025, the Acquiror, indirectly through Countryman Investments Limited ("Countryman"), a company, wholly owned by the Acquiror, acquired 33,333 common shares (each, a "Share") of Silver Bullet Mines Inc. (the "Company") at a price of $0.30 per Share for compensation for services.

On December 23, 2025, the Acquiror, indirectly through Countryman, acquired 188,014 Shares at a price of $0.24 per Share on conversion of interest on a convertible debenture (each, a "Debenture").

On December 27, 2025, the Acquiror, indirectly through Countryman, acquired 425,000 Shares at a price of $0.17 per Share on exercise of share purchase warrants (each, a "Warrant").

On January 29, 2026, the Acquiror, indirectly through Countryman, acquired 625,000 Shares at a price of $0.16 per Share on exercise of Warrants.

On July 22, 2026, the Acquiror, through Countryman, acquired ownership of a Debenture in the principal amount of $300,000 of the Company and 3,000,000 Warrants through a private placement. The principal amount of the Debenture, together with all accrued and unpaid interest thereon, is convertible into Shares of the Company at the option of the holder at a conversion price of $0.12 per Share for a period of two years. Each Warrant is exercisable into one additional Share at a price of $0.16 per Share for a period of two years.

On July 27, 2026, the Acquiror, through Countryman, acquired 781,482 Shares at a price of $0.135 per Share for compensation for services.

The issuance of the above noted Debentures and the Warrants, and the acquisition of the above noted Shares collectively referred to as the "Transactions".

The Shares issued in the Transactions and the Shares that would be issued on exercise of the Warrants and the Shares that would be issued on conversion of the Debentures issued in the Transactions, combined with the 20,086,521 Shares the Acquiror owned and controlled directly and indirectly, the 16,611,508 Shares that may be issued on exercise of Warrants and the 1,250,000 Shares that may be issued on exercise of Options that the Acquiror owned and controlled directly and indirectly, prior to the Transaction, resulted in the Acquiror owning 44,450,858 Shares representing 26.0% of the Shares of the Company based on 148,707,895 Shares issued and outstanding on a partially diluted basis.

Prior the Transactions, the Acquiror directly and indirectly owns and controls an aggregate of:

20,086,521 Shares held indirectly through Countryman,

16,611,508 Shares issuable on exercise of Warrants held indirectly through Countryman,

1,250,000 Shares issuable on exercise of Options held directly,

which represents 14.1% of the 142,042,737 issued and outstanding Shares as of October 14, 2025, the date of the issuance of the Shares on October 15, 2025 for compensation services, on a non-diluted basis. If the Acquiror were to exercise the Warrants and the Options, the Acquiror would directly and indirectly own and control 37,948,029 Shares or 23.7% of the issued and outstanding Shares calculated on a partially-diluted basis.

Following the Transactions, the Acquiror directly and indirectly owns and controls an aggregate of:

22,139,350 Shares held indirectly through Countryman,

18,561,508 Shares issuable on exercise of Warrants held indirectly through Countryman,

1,250,000 Shares issued on exercise of Options held directly, and

2,500,000 Shares issuable on conversion of Debentures held indirectly through Countryman,

which represents 14.9% of the 148,707,895 issued and outstanding Shares as of October 16, 2025, the date of the issuance of 33,333 Shares in the Transactions, on a non-diluted basis. If the Acquiror were to exercise the Warrants and the Options and convert the Debentures, the Acquiror would directly and indirectly own and control 44,450,858 Shares or 26.0% of the issued and outstanding Shares calculated on a partially-diluted basis.

The Shares, Warrants and Debentures were acquired for investment purposes. The Acquiror intends to monitor the business and affairs of the Company, including its financial performance, and depending upon these factors, market conditions and other factors, additional securities of the Company may be acquired as is considered or deemed appropriate. Alternatively, some or all of the securities described herein may be disposed of in compliance with applicable securities regulatory requirements.

The Acquiror has filed an Early Warning Report pursuant to National Instrument 62-103F1 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues describing the above transaction with the applicable securities regulatory authorities. A copy of the Early Warning Report is available on SEDAR+ at www.sedarplus.ca under the profile of the Company.

"G. David Richardson"

G. David Richardson

Tel: 604-408-0558

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.