Mr. Chad Williams reports

HONEY BADGER SILVER APPOINTS WILLIAMS EXECUTIVE CHAIRMAN AND INTERIM CEO

Dorian L. (Dusty) Nicol has stepped down as Honey Badger Silver Inc.'s chief executive officer, effective today. Chad Williams, the company's chairman, will change his role to executive chairman and interim chief executive officer. Mr. Nicol will remain a director of the company and will be retained as an adviser on technical matters.

Mr. Williams commented: "The company thanks Dusty for his efforts and commitment during this time of transition and growth of Honey Badger. He will continue to serve an important function as the company's senior technical adviser. As a large shareholder of Honey Badger and a strong believer in the outlook for the price of silver, I am committed to the success of this company. We own 100 per cent of seven high-quality silver mineral assets located in favourable locations. We acquired these assets at very attractive prices while other silver companies were essentially dormant during a period of lower silver prices. Our projects represent much higher value than what is being represented in our current share price. It's up to me, and Honey Badger in general, to surface that value."

Mr. Williams has an extensive background in capital markets and business management. He is the founder and chairman of Red Cloud Mining Capital Inc. He was one of the founders of both Agilith Capital Inc. and Westwind Capital Inc. as well as the former CEO of Victoria Gold Corp. (he departed in 2011) and former head of mining investment banking at Blackmont Capital Inc. Prior to these positions, Mr. Williams was a top-ranked mining analyst at TD Bank and other Canadian brokerage firms in Toronto. Mr. Williams is a member of the Association of Professional Engineers of Ontario, having received a bachelor of engineering and a master of business administration from McGill University.

About Honey Badger Silver Inc.

Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a record of value creation backed by a skilled technical team. The company's projects are located in areas with a long history of mining, including the Sunrise Lake project, with a historic resource of 12.8 million ounces of silver (and 201.3 million pounds of zinc) indicated and 13.9 million ounces of silver (and 247.8 million pounds of zinc) inferred located in the Northwest Territories and the Plata high-grade silver project located 165 kilometres east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The company's Clear Lake project in Yukon has a historic resource of 5.5 million ounces of silver and 1.3 billion pounds of zinc. The company also has a significant landholding at the Nanisivik mine area, located in Nunavut, Canada, that produced over 20 million ounces of silver between 1976 and 2002. A qualified person has not done sufficient work to classify the foregoing historical resources as current mineral resources and the company is not treating the estimates as current mineral resources. The historical resource estimates are provided solely for the purpose as an indication of the volume of mineralization that could be present. Additional work, including verification drilling/sampling, will be required to verify any of the historical estimates as current mineral resources.

We seek Safe Harbor.