Silver Storm Upsizes Private Placement Offering for up to $3.5 million Including Investment by Significant Shareholder First Majestic Silver

Written By Silver Storm Mining Inc.

Toronto, Ontario, January 23, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it is increasing the size of the previously announced non-brokered private placement offering (the “Offering”) of units of the Company (each, a “Unit”) for gross proceeds of up to $3,500,000.01 at a price of $0.09 per Unit subject to approval from the TSX Venture Exchange (the “TSXV”). The Offering will include an investment of $1.5 million from current significant shareholder First Majestic Silver Corp. (“FM”). See previous news releases dated December 5, 2024, December 19, 2024, January 6, 2025, January 9, 2025, and January 16, 2025, for further details of the Offering. To date under the Offering, the Company has raised gross proceeds of $1,290,420.

Silver Storm Mining Inc.
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