Mr. Peter Ball reports

SILVER HAMMER COMPLETES DEBT SETTLEMENTS

Further to its news release dated March 31, 2025, Silver Hammer Mining Corp. has issued an aggregate of 4,569,956 common shares of the company, having a deemed value of 5.5 cents per share, pursuant to past consulting and service providers to the company for a total amount of $251,347.56 (excluding goods and services tax).

"Silver Hammer appreciates our consultants and service providers taking shares in the company and significantly reducing payables as we push forward in 2025," commented Peter A. Ball, president and chief executive officer of Silver Hammer Mining. "The company remains well structured with less than 66 million shares and 100-per-cent ownership in three high-grade silver projects in Idaho and Nevada, which controls seven previous silver historical mines."

Mr. Ball received 1,818,182 shares and Alnesh Mohan, chief financial officer, corporate secretary and a director of the company, received 1,162,910 shares pursuant to the debt settlements. As a result, the debt settlements are considered related party transactions (as defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions). The company relied upon exemptions from the formal valuation and minority shareholder approval requirements under MI 61-101, pursuant to sections 5.5(b) and 5.7(a), respectively.

All securities issued are subject to a statutory four-month hold period.

About Silver Hammer Mining Corp.

Silver Hammer Mining is a junior resource company focused on advancing past-producing, high-grade silver projects in the United States. Silver Hammer controls 100 per cent of the Silver Strand mine in the Coeur d'Alene mining district in Idaho, United States, as well as the Eliza silver project and the Silverton silver mine in Nevada and the Lacy gold project in British Columbia, Canada. Silver Hammer's primary focus is defining and developing silver deposits near past-producing mines that have not been adequately tested. The company's portfolio also provides exposure to copper and gold discoveries.

We seek Safe Harbor.