Silver Storm Announces Upsize of Private Placement Offering For Up To $6 Million Including Investment by Eric Sprott

Written By Silver Storm Mining Inc.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

Toronto, Ontario, April 9, 2024: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it is further increasing the size of its previously announced non-brokered private placement offering (the “Offering”) of units of the Company (each, a “Unit”) for gross proceeds of up to $6,100,000.06 at a price of $0.11 per Unit. The Offering is expected to include a $3.0 million investment from current significant shareholder Eric Sprott. See previous news releases dated March 13, 2024, April 2, 2024 and April 5, 2024 for further details of the Offering. The First Tranche of the Offering closed on April 2, 2024 for aggregate gross proceeds of $1.47 million.

Silver Storm Mining Inc.
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Silver Storm Announces Closing of Second and Final Tranche of Oversubscribed non-Brokered Private Placement Offering, Including $3 Million Investment By Eric Sprott
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Silver Storm Announces Upsize Of Non-Brokered Private Placement Offering For Up To $3 Million