Mr. Mark Ayranto reports

SILVERCO CONFIRMS NO UNDISCLOSED MATERIAL INFORMATION

Silverco Mining Ltd.'s common shares will be temporarily halted on Jan. 21, 2026, at the request of the TSX Venture Exchange, in order to facilitate the TSX-V's review of the binding letter with Nuevo Silver Inc., as previously announced on Jan. 20, 2026.

The temporary trading halt is solely at the request of the TSX-V in connection with their review of the binding letter and certain associated documents and information. Silverco confirms that all material information relating to its business and operations has been publicly disclosed in accordance with applicable securities laws and TSX-V requirements.

About Silverco Mining Ltd.

The company owns a 100-per-cent interest in the 11,665-hectare Cusi project located in Chihuahua state, Mexico. It lies within the prolific Sierra Madre occidental gold-silver belt. There is an existing 1,200-ton-per-day mill with tailings capacity at the Cusi property.

The Cusi property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City. The Cusi property boasts excellent infrastructure, including paved highway access and connection to the national power grid.

The Cusi property hosts multiple historical Ag-Au-Pb-Zn (silver-gold-lead-zinc) producing mines each developed along multiple vein structures. The Cusi property hosts several significant exploration targets, including the extension of a newly identified down-thrown mineralized geological block and additional potential through claim consolidation.

We seek Safe Harbor.