Core Points - GR Silver Mining Ltd. has entered into an agreement with Research Capital Corporation for a bought deal offering of 60,000,000 units at a price of $0.20 per unit, resulting in gross proceeds of $12,000,000 [1][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.28 for 36 months [2] - The net proceeds will be allocated to the advancement of the Plomosas Project in Mexico, working capital, and general corporate purposes [3] Offering Details - The underwriter has an option to increase the offering size by up to 15% of the total number of units issued, exercisable up to 48 hours before closing [4] - The offering will be conducted under the listed issuer financing exemption, making the units immediately "free-trading" under Canadian securities laws [5] - The closing of the offering is expected around August 12, 2025, pending necessary regulatory approvals [7] Financial Terms - The underwriter will receive a cash commission of 6.0% of the gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one unit at the offering price for 36 months [8] Company Overview - GR Silver Mining is a Canadian-based junior mineral exploration company focused on silver-gold resource expansion in Mexico, controlling 100% of the Plomosas Project [10] - The company is engaged in cost-effective exploration and has made recent discoveries in its 78 km² of advanced-stage exploration concessions [10]

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].