Pursuant to a directors resolution passed on April 2, 2025, the company has consolidated its share capital on a one-new-for-four-old basis. The name of the company has not been changed.

Effective at the opening on April 7, 2025, the common shares of Dolly Varden Silver Corp. will commence trading on the TSX Venture Exchange on a consolidation basis. The company is classified as a mineral exploration/development company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 79,519,367 shares are issued and outstanding

Escrow:  nil escrow shares

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  DV (unchanged)

Cusip No.:  256827 78 3 (new)