Mr. Steve Cope reports

SILVER VIPER MINERALS UPDATES SIZE OF PRIVATE PLACEMENT

In connection with Silver Viper Minerals Corp.'s non-brokered private placement previously announced on Nov. 30, 2023, Silver Viper has updated the maximum size of the offering to up to 38,636,363 units to raise gross proceeds of up to approximately $4.25-million from an initial maximum of gross proceeds of up to $5-million. All other terms of the offering remain unchanged.

An amended and restated offering document dated Dec. 3, 2023, related to the offering, has been filed and can be viewed under the company's profile at SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision and should not rely on the offering documents filed Nov. 30, 2023.

The offering is anticipated to close in a series of tranches, with the first tranche on or about Dec. 20, 2023, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

About Silver Viper Minerals Corp.

Silver Viper is a Canadian-based junior mineral exploration company focused on precious metal exploration in the northwestern Mexican state of Sonora. The company currently operates La Virginia gold-silver project. Silver Viper has 100-per-cent ownership of La Virginia concessions acquired from the most recent operator, Pan American Silver Corp., and has an option to acquire a 100-per-cent interest in the Rubi-Esperanza group of claims internal to those concessions. Silver Viper is under management provided by the Belcarra Group, which is composed of highly qualified mining professionals.

We seek Safe Harbor.