Silver Storm Closes Third Tranche of Its Non-Brokered Private Placement Offering including Participation by Eric Sprott, and Engagement of Whittle Consulting

Toronto, Ontario, January 17, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that on January 16, 2025, it closed the third tranche (the “Third Tranche”) of its non-brokered private placement offering (the “Offering”) of units of the Company (each, a “Unit”) previously announced on December 5, 2024. Under the Third Tranche of the Offering, 8,716,667 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $784,500.03. The Third Tranche included a $500,000 investment from current significant shareholder Eric Sprott. To date under the Offering, the Company has raised total gross proceeds of $1,290,420.