Mr. Greg McKenzie reports

SILVER STORM ANNOUNCES GRANT OF INCENTIVE STOCK OPTIONS

Pursuant to Silver Storm Mining Ltd.'s 2020 amended and restated incentive stock option plan, the company has granted stock options of the company to certain directors, officers, employees and consultants of the company, to purchase an aggregate of 37 million common shares of the company at the price of 25 cents per share for a period of five years from date of grant. The options all vest immediately. The options granted are under and subject to the terms and conditions of the plan and subject to the rules and policies of the TSX Venture Exchange. This stock option grant is subject to acceptance by the exchange.

About Silver Storm Mining Ltd.

Silver Storm Mining holds advanced-stage silver projects located in Durango, Mexico. Silver Storm is committed to restarting operations at its 100-per-cent-owned La Parrilla silver mine complex, a prolific operation comprised of a 2,000-tonne-per-day mill and three underground mines. La Parrilla historically 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.