File: '\\swfile\EmailIn\20251107 161140 Attachment News Release for Early Warning Report for Countryman for purchase of shares, convertible debentures, warrants and options of Silver Bullet.docx'

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George David Richardson Files Early Warning Report

Acquisition

VANCOUVER, November 7, 2025 - George David Richardson (the "Acquiror") announces that:

On May 13, 2024, the Acquiror, through Countryman Investments Limited ("Countryman"), a company, wholly owned by the Acquiror, acquired ownership of a convertible debenture (the "Debentures") in the principal amount of $350,000 of Silver Bullet Mines Inc. (the "Company") and 3,500,000 share purchase warrants (the "Warrants") through a private placement. The principal amount of the Debenture, together with all accrued and unpaid interest thereon, is convertible into common shares (the "Shares") of the Company at the option of the holder at a conversion price of $0.08 per Share during the first twelve months following the issuance of the Debenture, $0.10 during the next twelve months of the term of the Debenture and $0.12 during the final term of the Debenture. Each Warrant is exercisable into additional Shares at a price of $0.12 per Share for the first year, at a price of $0.14 per Share for the second year and at a price of $0.16 per Share for the third year.

On May 28, 2025, the Acquiror was granted 500,000 stock options (the "Options"), each of which are exercisable into one Share of the Company at a price $0.10 per Share until May 13, 2029.

On October 16, 2024, the Acquiror, indirectly through Countryman acquired ownership of a Debenture in the principal amount of $750,000 of the Company and 7,500,000 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 $0.10 per Share during the first twelve months following the issuance of the Debenture, $0.12 during the next twelve months of the term of the Debenture and $0.14 during the final term of the Debenture. Each Warrant is exercisable into additional Shares at a price of $0.16 per Share for the first year, at a price of $0.18 per Share for the second year and at a price of $0.20 per Share for the third year.

On November 13, 2024, the Acquiror, indirectly through Countryman, acquired 183,607 Shares at a price of $0.1204 per Share on conversion of interest on Debenture.

On December 27, 2024, the Acquiror, indirectly through Countryman, acquired ownership of 833,333 Shares and 833,333 Warrants through a private placement. Each Warrant is exercisable into one additional Share at a price of $0.16 per Share for a period of three years.

On February 12, 2025, the Acquiror was granted 500,000 Options, which Options are exercisable at a price of $0.16 per Share until February 12, 2030.

On February 14, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 1,250,000 Shares and 1,250,000 Warrants through a private placement. Each Warrant is exercisable into one additional Share at a price of $0.16 per Share for a period of three years.

On March 19, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 1,071,429 Shares at a price of $0.14 per Share for compensation for services.

On April 9, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 500,000 Shares at a price of $0.1874 per Share in the public market.

On April 16, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 288,736 Shares on conversion of interest on Debenture.

On May 12, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 130,533 Shares on conversion of interest on Debenture.

On May 12, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 4,375,000 Shares upon conversion of a Debenture.

On May 20, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 1,388,889 Shares and 1,388,889 Warrants through a private placement. Each Warrant is exercisable into one additional Share at a price of $0.22 per Share for a period of three years.

On June 27, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 187,500 Shares at a price of $0.16 per Share for compensation for services.

On August 14, 2025, the Acquiror, indirectly through Countryman, acquired ownership of 1,714,286 Shares and 1,714,286 Warrants through a private placement. Each Warrant is exercisable into one additional Share at a price of $0.28 per Share for a period of three years.

On September 19, 2025, the Acquiror was granted 250,000 Options, which Options are exercisable at a price of $0.30 per Share until September 19, 2030.

On September 22, 2025, the Acquiror, indirectly through Countryman, acquired 113,208 Shares at a price of $0.2650 per Share for compensation for services.

On October 15, 2025, the Acquiror, indirectly through Countryman, acquired 7,500,000 Shares upon conversion of a Debenture.

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

The Shares issued in the Transactions and the Shares that would be issued on exercise of Options, the Shares that would be issued on exercise of the Warrants and the Shares that would be issued on conversion of the Debentures, combined with the 550,000 Shares the Acquiror owned and controlled directly and indirectly and the 425,000 Shares that may be issued on exercise of Warrants that the Acquiror owned and controlled directly and indirectly, prior to the Transaction, resulted in the Acquiror owning 37,948,029 Shares representing 23.74% of the Shares of the Company based on 142,042,737 Shares issued and outstanding on a partially diluted basis.

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

550,000 Shares held indirectly through Countryman, and

425,000 Shares issuable on exercise of Warrants held indirectly through Countryman,

which represents 0.81% of the 68,620,856 issued and outstanding Shares as of May 12, 2024, the date prior to the issuance of the Debentures on May 13, 2024 on a non-diluted basis. If the Acquiror were to exercise the Warrants, the Acquiror would directly and indirectly own and control 975,000 Shares or 1.42% 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:

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 issued on exercise of Options held directly,

which represents 14.15% of the 142,042,737 issued and outstanding Shares as of October 16, 2025, the date of the issuance of the Shares on conversion of the Debenture issued on October 16, 2024, 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 23.74% of the issued and outstanding Shares calculated on a partially-diluted basis

The Shares, Warrants, Debentures and Options 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.

"George David Richardson"

George 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.