Mr. Gregory Lytle reports

SILVER DOLLAR RESOURCES PROPOSES WARRANT EXPIRY EXTENSION

Silver Dollar Resources Inc. intends to extend the expiry date of 3,022,600 share purchase warrants from Oct. 29, 2026, to Oct. 29, 2027, subject to acceptance by the Canadian Securities Exchange, as applicable, the agreement of the holders and compliance with applicable securities laws.

The warrants were issued on Oct. 29, 2024, as part of a non-brokered private placement of six million units priced at 25 cents each. The units comprised one common share and one-half of a non-transferable share purchase warrant, with each full warrant entitling the holder to purchase one additional common share of the company at a price of 40 cents per share for, originally, two years from the closing date of the offering. In conjunction with the offering, the company also issued 89,600 warrants on the same terms in respect of finders' fees.

Pursuant to the proposed extension, the exercise price and all other terms of the warrants remain unchanged. The closing price of the company's common shares on the CSE on Sept. 21, 2026, was 27 cents.

The proposed extension will become effective on the closing date determined by the company following receipt of CSE acceptance, as applicable, and the required holder agreements, accredited investor representations and other confirmations required by the company for purposes of applicable securities laws. A holder that does not satisfy these conditions will not receive the benefit of the proposed extension, and the warrants held by that holder will continue to expire on Oct. 29, 2026, in accordance with their existing terms.

The proposed extension will constitute a new distribution of the warrants under applicable Canadian securities laws. The company intends to rely on the accredited investor exemption from prospectus requirements in connection with the proposed extension. The warrants, as amended, and any common shares issued upon exercise thereof will be subject to a statutory hold period of four months and one day from the effective date of the proposed extension, in accordance with applicable Canadian securities laws. Any proceeds from the exercise of the warrants will be used for general working capital purposes.

The company will rely on subsections 5.5(b) and 5.7(1)(a) of Multilateral Instrument 61-101 to exempt the proposed extension from the requirements for a formal valuation and minority shareholder approval. To the company's knowledge, neither it nor the purchasers have knowledge of any material information concerning the company or its securities that has not been generally disclosed.

About Silver Dollar Resources Inc.

Silver Dollar is a dynamic mineral exploration company focused on North America's premier mining regions. The company's flagship project is the large, advanced exploration-stage La Joya silver (copper-gold) project in the Mexican silver belt, where a 3,500-metre drilling program is in progress. The company is fully financed for 2026, having closed a financing with continued support from financial backers that include renowned mining investor Eric Sprott, the largest shareholder. Silver Dollar's management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

We seek Safe Harbor.