Mr. Steve Cope reports

SILVER VIPER MINERALS ANNOUNCES $12 MILLION PRIVATE PLACEMENT

Silver Viper Minerals Corp. intends to undertake a non-brokered private placement financing to raise gross proceeds of up to $12-million from the sale of up to 15 million units at a price of 80 cents per unit, each unit consisting of one common share of the company and one warrant. Each warrant will entitle the holder thereof to acquire one share from the company at a price of $1.20 per share for a period of 24 months from their date of issue.

The expiry date of the warrants may be accelerated by the company at any time following the closing date and prior to the expiry date of the warrants if the volume-weighted average trading price of the company's common shares is greater than $1.40 for any 20 consecutive trading days. Following an occurrence of an acceleration event, the company may accelerate the expiry date of the warrants by issuing a press release announcing the acceleration of the expiry date of the warrants, following which the warrants will expire on a date not less than the 20th calendar day after the date of such press release.

The company intends to use the net proceeds from the offering for working capital requirements and other general corporate purposes.

The offering is anticipated to close on or about Dec. 10, 2025. The closing of the offering is subject to certain conditions, including the approval of the TSX Venture Exchange and certain other conditions customary for a private placement of this nature. All securities issued pursuant to the offering will be subject to a statutory four-month-and-one-day hold period from their respective date of issue.

The company may pay a finder's fee in respect of those purchasers under the offering introduced to the company by certain persons. Each finder will receive a cash payment equal to 6 per cent of the gross proceeds received by the company from purchasers under the offering who were introduced to the company by such finder.

About Silver Viper Minerals Corp.

Silver Viper is a Canadian-based junior mineral exploration company focused on advancing precious metal projects in Mexico. The company's portfolio includes La Virginia gold-silver project in Sonora, the Cimarron gold-copper project in Sinaloa and the recently announced Coneto silver-gold project acquisition, collectively representing a strong pipeline of district-scale exploration opportunities within Mexico's prolific silver belt.

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