Core Viewpoint - Dolly Varden Silver Corporation has successfully completed a bought-deal private placement, raising a total of $28,755,500 through the sale of common shares and flow-through shares for exploration and working capital purposes [1][3]. Group 1: Financial Details - The company sold 2,445,500 common shares at $4.60 each, generating gross proceeds of $11,249,300 [1]. - Additionally, 1,128,000 charity flow-through shares were sold at $6.65 each, raising $7,501,200 [1]. - The company also issued 1,740,000 flow-through shares at $5.75 each, resulting in gross proceeds of $10,005,000 [1]. Group 2: Use of Proceeds - Net proceeds from the common shares will be allocated for working capital and general corporate purposes [3]. - Proceeds from the charity flow-through shares and flow-through shares will be directed towards further exploration, mineral resource expansion, and drilling in the Kitsault Valley project and other mineral properties [3]. Group 3: Underwriting and Fees - The offerings were conducted under an underwriting agreement with a syndicate led by Research Capital Corporation and Raymond James Ltd., among others [2]. - The underwriters received a cash fee of $1,437,775, which is 5.0% of the gross proceeds from the offerings [4]. Group 4: Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes high-grade silver and gold resources [6][7]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for further precious metal deposits [6][7].

Core Viewpoint - Dolly Varden Silver Corporation has successfully completed a bought-deal financing, raising a total of $28,755,500 through the sale of various securities, including common shares and flow-through shares [2][4]. Financing Details - The underwriters exercised their option in full for gross proceeds of $3,750,500, contributing to the total gross proceeds of $28,755,500 [2]. - The financing includes: - 2,445,500 common shares at $4.60 per share, generating $11,249,300 [2]. - 1,128,000 charity flow-through shares at $6.65 per share, raising $7,501,200 [2]. - 1,740,000 flow-through shares at $5.75 per share, yielding $10,005,000 [2]. Use of Proceeds - Net proceeds from the common shares will be allocated for working capital and general corporate purposes [4]. - Proceeds from the charity flow-through shares and flow-through shares will be directed towards exploration, mineral resource expansion, and drilling in the Kitsault Valley project [4]. Closing and Regulatory Approvals - The offerings are expected to close on June 26, 2025, pending necessary regulatory approvals from the TSX Venture Exchange and NYSE American [5]. - The LIFE Offering will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under Canadian securities laws [6][7]. Participation and Additional Rights - Eric Sprott, through 2176423 Ontario Ltd., has expressed intent to participate in the financing [3]. - Hecla Canada Ltd. and Fury Gold Mines Ltd. have rights to acquire common shares at $4.60 per share to maintain their equity interest [9]. Company Overview - Dolly Varden Silver Corporation focuses on advancing its 100% held Kitsault Valley Project, which includes high-grade silver and gold resources [11]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for further precious metal deposits [11].

Core Viewpoint - Dolly Varden Silver Corporation has announced the full exercise of underwriters' option in a bought-deal financing, resulting in total gross proceeds of $28,755,500 for the company [5][6]. Group 1: Financing Details - The financing includes the sale of 2,445,500 common shares at a price of $4.60 per share, generating gross proceeds of $11,249,300 [5]. - Additionally, 1,128,000 common shares will be issued as "flow-through shares" at a price of $6.65 per share, yielding gross proceeds of $7,501,200 [5]. - Furthermore, 1,740,000 common shares will be sold as "flow-through shares" at a price of $5.75 per share, resulting in gross proceeds of $10,005,000 [5]. Group 2: Use of Proceeds - The net proceeds from the sale of common shares will be allocated for working capital and general corporate purposes [4]. - Gross proceeds from the sale of Charity FT Shares and FT Shares will be directed towards further exploration, mineral resource expansion, and drilling in the Kitsault Valley project [4]. Group 3: Closing and Regulatory Approvals - The offerings are expected to close on June 26, 2025, subject to necessary regulatory approvals from the TSX Venture Exchange and NYSE American [5][6]. - The LIFE Offering will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under applicable Canadian securities laws [7]. Group 4: Participation and Advisory - Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transaction [3]. - Eventus Capital Corp. is serving as a special advisor to the company in connection with the offerings [8]. Group 5: Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes the Dolly Varden Project and the Homestake Ridge Project, located in British Columbia, Canada [11]. - The project is known for its high-grade silver and gold resources and is considered prospective for further precious metal deposits [11].