Silver Hammer Closes CDN$3,913,617 Non-Brokered Private Placement Pursuant to Listed Issuer Exemption

Core Viewpoint - Silver Hammer Mining Corp. has successfully closed a non-brokered private placement, raising gross proceeds of CDN$3,913,617 by issuing 39,136,170 units at CDN$0.10 per unit, positioning the company for further exploration of its silver projects in Idaho and Nevada [1][2]. Group 1: Private Placement Details - The private placement consisted of 39,136,170 units, each unit comprising one common share and one-half of a common share purchase warrant, with warrants exercisable at CDN$0.15 for 36 months [1][2]. - The company paid finder's fees of CDN$52,990 in cash and issued 1,474,900 finder's warrants, also exercisable at CDN$0.15 for 36 months [3]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to exploration of the Silver Strand and Fahey Group projects in Idaho, as well as the Eliza and Silverton projects in Nevada, in addition to general working capital and corporate purposes [4]. Group 3: Company Overview - Silver Hammer Mining Corp. is focused on advancing high-grade silver projects in the U.S., controlling 100% of six previously producing silver mines located in Idaho and Nevada, including the newly acquired Fahey Group project [5]. - The company aims to explore and develop silver projects near past-producing mines that have not been adequately tested, also providing exposure to copper and gold [5].