Mr. Jeffrey Hunter reports

CANADIAN SILVER HUNTER ANNOUNCES EXECUTION OF AGREEMENT TO SELL LOST DOG PROPERTY

Canadian Silver Hunter Inc. entered into an agreement with 15083974 Canada Inc. (CAN) on Aug. 15, 2023, for the sale by Canadian Silver of a group of 45 mining claims totalling approximately 1,300 hectares, located in Denton township, West Timmins, Ont., known as the Lost Dog property.

Terms of the sale

Pursuant to the agreement, in consideration for the transfer of a 100-per-cent registered and beneficial interest in the property from Canadian Silver to CAN, CAN will make a cash payment to Canadian Silver of $165,000. Canadian Silver will retain a 1-per-cent royalty on net smelter returns payable from future commercial production from the property. Additionally, CAN will grant to Timothy Towers a 2-per-cent royalty on net smelter returns payable from future commercial production from the property.

The agreement remains subject to Canadian Silver exercising in full its option to acquire the property pursuant to the option agreement with Mr. Towers dated Oct. 23, 2020, as amended, by making a cash payment of $40,000 and issuing 500,000 shares to Mr. Towers, subject to the approval of the TSX Venture Exchange.

About Canadian Silver Hunter Inc.

Canadian Silver Hunter is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold, silver, cobalt, nickel and copper properties in Ontario and Quebec.

We seek Safe Harbor.