
Company Website:
https://Silverstorm.ca
TORONTO -- (Business Wire)
Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce the sale of the non-core capped production gross royalty on the Springer Mine & Mill property (the “Springer Royalty”) in the state of Nevada, USA for gross proceeds of C$2,183,000 in cash.
The Company acquired the Springer Royalty as part of the acquisition of 100% of the issued and outstanding common shares of Till Capital Corp. (“Till”) in 2025 (see the news release titled “Silver Storm Mining and Till Capital Corporation Announce Completion of Plan of Arrangement” and published on July 18, 2025). Till’s royalty portfolio consisted of four mining royalties, including the Springer Royalty which is capped at US$2,500,000.
Greg McKenzie, President and CEO, commented, “Silver Storm acquired Till at a transaction value of C$7,200,000, which incorporated ~C$6,200,000 in cash held by Till prior to the closing of the transaction, implying a valuation of ~C$1,000,000 for Till’s portfolio of mineral investments and royalties. The Springer Royalty sale represented an opportunity to monetize one of our non-core royalty assets while adding financial flexibility and additional liquidity ahead of the potential restart of operations at the La Parrilla Silver Mine Complex in the second quarter of 2026.”
About Silver Storm Mining Ltd.
Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm is committed to advancing toward a potential near-term restart of its 100% owned La Parrilla Silver Mine Complex, a prolific operation comprised of a 2,000 tpd mill and three underground mines. The Company also holds a 100% interest in the San Diego Project, which is among the largest undeveloped silver assets in Mexico. For more information regarding the Company and its projects, please visit our website at www.silverstorm.ca.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward Looking Statements:
Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management and Qualified Persons (in the case of technical and scientific information) expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes but is not limited to: the Company's plans and expectations for La Parrilla and the timeline and ability to put the La Parrilla Silver Mine Complex back into operation.
In making the forward-looking statements included in this news release, the Company have applied several material assumptions, including: no unexpected or adverse regulatory changes with respect to the trading of its common shares, and that the decision to potentially place La Parrilla into production, and any related production decisions are largely based on internal Company data and reports from previous operations and have not been supported by mineral reserve estimates prepared in accordance with NI 43-101, preliminary economic assessments, pre-feasibility or feasibility studies that demonstrate economic and technical viability. As a result, there is increased uncertainty and a higher degree of economic and technical risk associated with any such production decision than would be the case if such mineral reserves estimates or studies were completed and relied upon to support a production decision. No mineral reserves have been established for La Parrilla, and mineral resources that are not reserves do not have demonstrated economic viability. The absence of mineral reserve estimates prepared in accordance with NI 43-101, preliminary economic assessments, pre-feasibility or feasibility studies supporting a production decision increases the uncertainty of achieving any particular level of mineral recovery or the cost of such recovery, and heightens the risks associated with developing a commercially mineable deposit. Historically, projects advanced without the support of such mineral reserves estimates and studies have experienced a significantly higher incidence of economic and technical failure. There can be no assurance that production at La Parrilla will commence as anticipated or at all, or that any anticipated production levels or operating costs will be achieved. A failure to commence production would have a material adverse effect on the Company’s ability to generate revenue and cash flow to fund its operations. Similarly, a failure to achieve anticipated production costs would have a material adverse effect on the Company’s cash flow and future profitability.
Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein.
Such forward-looking information represents managements and Qualified Persons (in the case of technical and scientific information) best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260218577281/en/
Contacts:
Greg McKenzie, President & CEO
Ph: +1 (416) 504-2024
info@silverstorm.ca
Source: Silver Storm Mining Ltd.
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