Mr. Greg McKenzie reports

SILVER STORM SELLS NON-CORE CAPPED ROYALTY IN NEVADA, USA

Silver Storm Mining Ltd. has sold the non-core capped production gross royalty on the Springer mine and mill property in the state of Nevada, United States, for gross proceeds of $2,183,000 in cash.

The company acquired the Springer royalty as part of the acquisition of 100 per cent of the issued and outstanding common shares of Till Capital Corp. in 2025 (see the news release published on July 18, 2025). Till's royalty portfolio consisted of four mining royalties, including the Springer royalty, which is capped at $2.5-million (U.S.).

Greg McKenzie, president and chief executive officer, commented: "Silver Storm acquired Till at a transaction value of $7.2-million, which incorporated approximately $6.2-million in cash held by Till prior to the closing of the transaction, implying a valuation of approximately $1-million 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 holds advanced-stage silver projects located in Durango, Mexico. Silver Storm is committed to advancing toward a potential near-term restart of its 100-per-cent-owned La Parrilla silver mine complex, a prolific operation comprising a 2,000-tonne-per-day mill and three underground mines. The company also holds a 100-per-cent interest in the San Diego project, which is among the largest undeveloped silver assets in Mexico.

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