Mr. Peter Ball reports

SILVER HAMMER APPOINTS INDUSTRY VETERAN EXECUTIVE MINE BUILDER TO BOARD OF DIRECTORS AND NEW TECHNICAL ADVISOR AND QP OF PROJECTS

Silver Hammer Mining Corp. has appointed Michael Willett, PEng, a mining industry veteran, mine builder and corporate executive bringing over 40 years of global experience, as director of the company. Mr. Willett will be replacing Ron Burk, who is pleased to remain with the company as senior technical board adviser, and will be focused on new projects under review and accretive to Silver Hammer. In addition, the company is pleased to welcome Damir Cukor, PGeo, as its newly appointed technical adviser -- projects and QP.

"I am very excited to have mining executive veteran Michael Willett join our board, and also welcome Damir Cukor to our team as technical adviser -- projects, as we push forward to explore our portfolio of high-grade silver projects in the USA. I am also pleased to welcome Mr. Willett as the chair of our audit committee, and a member of the compensation and corporate governance committees," stated Peter A. Ball, president and chief executive officer. "I had the pleasure of working alongside Michael in the late 1980s and 1990s at Hudbay Minerals and now bringing his technical and operational experience to our team will add significant value to the company as we continue to advance our projects in Idaho and Nevada, but also review newly identified accretive projects. I have also had the opportunity to previously work with Damir and pleased to have his extensive exploration experience assist the company advance our silver portfolio. With silver reaching close to $43 per ounce this past week, it is a perfect time to explore Silver Hammer's 100-per-cent-owned seven historical silver mines across three projects in Idaho and Nevada. Each project is drill ready, with the sampling, mapping and geophysics behind us and the targets identified. It is a turning point for Silver Hammer, as we anticipate closing our financing this week and push forward to drive value for our shareholders."

Michael Willett, PEng, is a seasoned mining executive with 40-plus years in mine engineering, development and operations including senior level project evaluation and advisory roles for project restarts with various mining companies across North America including Battle North Gold and Hudbay Minerals for 20-plus years. Mr. Willett has operated at many senior roles including chief executive officer and vice-president, more recently, Mr. Willett held the position of vice-president of operations and projects for Battle North Gold and was part of that team which successfully sold the company to Evolution Mining for $343-million in 2021. Mr. Willett is a graduate of Queens University, with a BSc in mining engineering and a masters certificate in project management from the Schulich School of Business.

Damir Cukor, PGeo, has been an active member of the mining industry for over 30 years as a successful explorationist and a qualified person geologist. As a second-generation mining individual, Mr. Cukor has worked on advancing projects from grassroots stages through to realizing material improvements on operating mines. On the Hammond Reef gold project in Ontario for Brett Resources, Mr. Cukor in his role as exploration manager, guided the project through exploration drilling to its maiden resource estimate, and later, as independent QP, through to expanded M&I resource status for Osisko; the project is now in the Agnico Eagle portfolio. His work also included resource estimates on part of the Kiggavik complex of uranium deposits in Nunavut for AREVA, brought to the permitting stage. Two other maiden resource estimates were significant -- the Polo Resources Nimini Hills gold deposit in Sierra Leone, Africa, subsequently reached permitting process; the currently operating gold-copper Gedabec mine in Azerbaijan was treated to its first modern JORC (Joint Ore Reserves Committee) resources estimate. Mr. Cukor's broad spectrum encompasses project permitting processes, resource and reserves modelling calculation, and National Instrument 43-101 and JORC reporting.

In connection with the appointments, a total of 750,000 stock options, in accordance with the company's option plan, were issued to purchase shares of the company at an exercise price of eight cents per share.

Silver Hammer announces that it has entered into an agreement to complete a debt settlement by the issuance of a total of 1.5 million common shares to settle debt of $90,684 (U.S.) owing to a former service provider to the company. The shares are subject to resale restrictions, including a four-month hold period under applicable Canadian securities laws. The completion of the debt settlement is subject to the approval of the Canadian Securities Exchange.

In addition, on Sept. 12, 2025, in connection with the company's previously announced non-brokered private placement of units, certain officers and directors of the company sold an aggregate of 2,968,182 common shares of the company from their personal holdings at a price of six cents per share through the facilities of the Canadian Securities Exchange. The insiders intend to use 100 per cent of the proceeds from the swap to participate in the second tranche of the offering. For additional details regarding the offering, please see the company's news releases dated June 17, 2025, and Aug. 5, 2025, available under the company's profile at SEDAR+.

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 seven previously producing silver mines which are located within the Silver Strand project in the Coeur d'Alene mining district in Idaho, United States, and within the Eliza silver project and the Silverton silver mine in Nevada. The company also controls the Lacy gold project in British Columbia, Canada. Silver Hammer's primary focus is to explore, define and develop silver projects near past-producing mines that have not been adequately tested. The company's portfolio also provides exposure to copper and gold.

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