File: '\\swfile\EmailIn\20260130 135452 Attachment Blende News - Private Placement - January 30, 2026.docx'

Blende Silver Corp.

Suite 1100 - 1100 Melville St

Vancouver, B.C. Canada V6E 3V6

Telephone: 604-669-6463

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Blende Silver Corp. Announces Private Placement

January 30, 2026

Vancouver, Canada - Blende Silver Corp. (the "Company") (TSX.V: BAG) announces a non-brokered private placement. The Company has opened a private placement offering of units for gross proceeds of up to $1,100,000 (the "Offering"). The Offering will consist of up to 10,000,000 units at a price of $0.11 per unit. Each unit will consist of one common share and one half share purchase warrant. Each whole warrant is exercisable for a period of three years from the closing date at exercise price of $0.15 subject to an acceleration clause. Acceleration would occur if, at any time after the closing date, the corporation's common shares have a closing price of $0.25 cents or more per share for 10 consecutive trading days on the TSX Venture Exchange, the Company shall be entitled to give notice via a news release that the warrants issued pursuant to this placement will expire 30 days from the date of the news release, unless such warrants are exercised before the expiry of that period, and in such event, all unexercised warrants will expire at 4:00 p.m. Pacific time on the last day of such 30 day period.

Proceeds from the private placement will be used for general working capital and the Blende project in Yukon. Finder's fees may be paid. All securities to be issued are subject to a statutory four-month and one day hold period.

None of the securities sold under the Offering have been and will not be registered under the United States Securities Act of 1933, as amended and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Blende Silver Corp.

Blende Silver Corp. is a Vancouver-based junior resource company focused on silver-zinc-lead exploration and development at the company's flagship Blende Deposit in north-central Yukon. The 100% owned property is the largest carbonate-hosted Ag-Zn-Pb deposit in Yukon and one of the largest undeveloped Ag-Zn-Pb deposits in Western Canada. It is winter-road accessible, 5,345 ha and situated 63 km northeast of Keno Hill, Yukon. The property has had more than $9.2M in past exploration ($5.2M by Blende Silver); including 25,195 meters of drilling in 132 drillholes.

For further information please contact:

Blende Silver Corp.

"Andrew H. Rees"

Andrew H. Rees, Director

Tel: 604-669-6463

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain forward-looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Blende Silver Corp. which may cause actual results, performance or achievements of Blende Silver Corp. to be materially different from the results, performance or expectation implied by these forward-looking statements. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors.