Mr. Thomas Kennedy reports

KLONDIKE SILVER CORP. - ADOPTION OF SEMI-ANNUAL REPORTING

Klondike Silver Corp. has adopted semi-annual financial reporting (SAR) pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

The blanket order allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, the company aims to reduce the significant administrative and financial burden associated with quarterly reporting.

The company's fiscal year ends on May 31. Under the SAR pilot program, the company will no longer file interim financial reports and related management discussion and analysis (MD&A) for its three-month and nine-month interim periods. The initial interim period for which the company will not file is the three-month period ending Aug. 31, 2026.

The company will continue to file audited annual financial statements and MD&A (due 120 days after May 31) and unaudited six-month financial statements and MD&A (due 60 days after Nov. 30).

The company remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102, Continuous Disclosure Obligations, and the policies of the TSX-V.

This news release is being issued and filed pursuant to the blanket order.

Chief executive officer comment

Tom Kennedy, CEO, commented: "Over the past several years, Klondike has navigated a period marked by complexity, restructuring and significant corporate challenges. Through it all, your patience, loyalty and belief in the long-term potential of this company have been nothing short of extraordinary. I want to express my sincere gratitude for standing with us during these tumultuous times.

"Today, I am pleased to report that your steadfast support has helped bring Klondike to a pivotal and promising moment in its evolution.

"Our consolidated capital structure is now firmly in place, providing clarity, stability and a strong foundation for disciplined growth.

"By adopting the new reporting standards, we will save a tremendous amount of time and money on the preparation of expensive reports that previously provided little additional information to stakeholders.

"Thank you again for your trust, your patience and your commitment to our shared vision."

About Klondike Silver Corp.

Klondike's Silvana mine silver-zinc-lead project is located in southeastern British Columbia.

Klondike's 114-square-kilometre claim block is 138 kilometres north of the Trail, B.C., smelter.

Klondike Silver is exploring from underground, along the nine-kilometre Main Lode. The Main Lode is the most prolific mineralized structure in the Slocan mining camp.

There are 13 past-producing mines that are situated along the Main Lode, which have produced 886,000 kilograms of silver, 95 million kilograms of zinc and 117 million kilograms of lead so far (source: British Columbia Minfile).

There are 67 past-producing mines that are situated in Klondike Silver's 114-square-kilometre claim block (source: British Columbia Minfile).

We seek Safe Harbor.