Mr. Dino Cremonese reports

PRIVATE PLACEMENT/UPDATE RE RAM PROPERTY, GOLDEN TRIANGLE, BC

Silver Grail Resources Ltd. intends to complete a non-brokered private placement consisting of the issuance of up to 2.5 million units at a price of 23 cents per unit for gross proceeds of up to $575,000 subject to the approval of the TSX Venture Exchange. Each unit will consist of one common share and a common share purchase warrant. Each warrant is exercisable into one common share at a price of 33 cents for a period of two years from closing. Silver Grail's share price closed at 28 cents on Oct. 1, 2025.

There are no finders' fees or other commissions associated with the transaction. Certain of the company's insiders may participate in the private placement. The proceeds of the financing will be used to pay for 2025 exploration of the Ram property as well as further exploration of the company's other mineral properties in the Golden Triangle and also for general corporate purposes.

Update re Ram property

Drilling is now complete at the Ram property with 2,056 metres having been drilled in seven holes. All of the core has now been logged and diamond sawed and final shipments to the assay lab are expected within the next days. MSALabs has been instructed to hold all assays until such time as the total submittal from the Ram has been completed.

During the final days of the drill program, Jeff Kyba, PGeo, visited the Ram property as well as the company's Clone, Konkin Silver and Fiji properties. While walking the surface projection of hole No. 7, Mr. Kyba discovered a new showing of net-textured chalcopyrite.

Qualified person

Dino Cremonese, PEng, is the qualified person for Silver Grail Resources; as president and chief executive officer of Silver Grail he is not independent of the company.

About Silver Grail Resources Ltd.

Silver Grail is a junior exploration company with a large portfolio of properties in the southern portion of the Golden Triangle region of British Columbia. Its legacy properties, some more than 30 years old, form large islands within the vast claim holdings of Goliath Resources in this region.

We seek Safe Harbor.