Mr. Greg McKenzie reports

SILVER STORM ANNOUNCES TILL CAPITAL SHAREHOLDER APPROVAL OF ARRANGEMENT

Further to Silver Storm Mining Ltd.'s news release dated May 6, 2025, at a special meeting of the shareholders of Till Capital Corp., held today, the Till shareholders approved the previously announced transaction of Till with the company, whereby Silver Storm will indirectly acquire, by way of a court-approved plan of arrangement, 100 per cent of the issued and outstanding common shares of Till in accordance with the terms of an arrangement agreement entered into by the company and Till on May 5, 2025.

Further information regarding the arrangement agreement is provided in the company's news release dated May 6, 2025, a copy of which is available under Silver Storm's profile on SEDAR+ and on Silver Storm's website.

Completion of the arrangement remains subject to closing conditions as set forth in the arrangement agreement, including final approval of the Supreme Court of British Columbia, final approval of the TSX Venture Exchange and certain other conditions to implementing the arrangement as set out in the arrangement agreement. Till anticipates returning to the court on July 15, 2025, to seek a final order of the court approving the arrangement. Assuming that the conditions to closing are satisfied or waived, it is currently expected that the arrangement will be completed on or about July 17, 2025.

About Silver Storm Mining Ltd.

Silver Storm holds advanced-stage silver projects located in Durango, Mexico. In 2023, Silver Storm acquired 100 per cent of the La Parrilla silver mine complex, a prolific past-producing operation comprising a 2,000-tonne-per-day mill, as well as five underground mines and an open-pit that collectively produced 34.3 million silver equivalent ounces between 2005 and 2019. The company also holds a 100-per-cent interest in the San Diego project, which is among the largest undeveloped silver assets in Mexico.

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