An anonymous director of Stampede Metals reports

Stampede Metals Ltd. of 63 Summerhill Dr., Stake Hill, Western Australia, Australia, has filed an amended early warning report dated Jan. 17, 2026, amending its original early warning report dated Jan. 16, 2025, advising of its holdings in Prince Silver Corp. (the issuer).

Stampede would like to clarify that, on Jan. 12, 2026, in addition to the disposition of 15 million common shares of the issuer, it concurrently disposed of 8.5 million contingent value rights to its shareholders on a pro rata basis. The shares and the rights were previously acquired on July 11, 2025, pursuant to the terms of a share exchange agreement with the issuer (see Stampede's press release dated July 14, 2025). Prior to the disposition, Stampede held 15 million shares and 8.5 million rights of the issuer. Following the disposition, Stampede holds no shares or rights of the issuer. Stampede does not have any plans or future intentions to acquire more securities.

This press release is issued pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. A copy of the early warning report will appear with the issuer's documents on the SEDAR+ profile. A copy of the early warning report may also be obtained by contacting the issuer's head office located at 1111 Melville St., Suite 410, Vancouver, B.C., V6E 3V6, Canada (phone: 604-764-9065).