Silver North Declares Closing of $2.25 Million Move By means of Share Non-public Placement

Jason Weber, President and CEO, famous that “This financing will give us the flexibility to get an early begin to the 2026 drilling program at our flagship Haldane Property, in addition to to conduct a follow-up program on the Veronica silver property. Our work this winter might be centered on incorporating the 2025 information, deciphering it and concentrating on subsequent 12 months’s drilling. We are able to now plan on beginning as early as situations will permit this spring and maximizing the sector season in 2026. Detailed plans for 2026 might be introduced as soon as we have now obtained and interpreted the entire 2025 outcomes.”

The Firm will use an quantity equal to the gross proceeds from the sale of FT Shares, pursuant to the provisions within the Tax Act, to incur eligible “Canadian exploration bills” that qualify as “flow-through mining expenditures” as each phrases are outlined within the Tax Act (the “Qualifying Expenditures“) associated to the Firm’s Yukon tasks, on or earlier than December 31, 2026, and to resign the entire Qualifying Expenditures in favour of the subscribers of the FT Shares efficient December 31, 2025.

The Firm paid finders’ charges comprised of $144,931 and 414,090 non-transferable warrants in reference to the Providing. The finder’s warrants are legitimate for twenty-four months on the Providing worth. All securities are topic to a four-month maintain from the date of closing. Crimson Cloud Securities Inc. was the lead finder in reference to the Providing.

One director of the Firm bought 43,428 FT Shares underneath the non-public placement. The location to this particular person constitutes a “associated get together transaction” throughout the which means of TSX Enterprise Trade Coverage 5.9 and Multilateral Instrument 61-101 -Safety of Minority Safety Holders in Particular Transactions (“MI 61-101”) adopted within the Coverage. The Firm has relied on exemptions from the formal valuation and minority shareholder approval necessities of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of associated get together participation within the placement as neither the honest market worth (as decided underneath MI 61-101) of the subject material of, nor the honest market worth of the consideration for, the transaction, insofar because it concerned the associated events, exceeded 25% of the Firm’s market capitalization (as decided underneath MI 61-101).

The securities described herein haven’t been, and won’t be, registered underneath the U.S. Securities Act, as amended, or any state securities legal guidelines, and accordingly, will not be supplied or bought inside america or the US individuals besides in compliance with the registration necessities of the U.S. Securities Act and relevant state securities necessities or pursuant to exemptions therefrom. This press launch doesn’t represent a suggestion to promote or a solicitation to purchase any securities in any jurisdiction.

About Silver North Sources Ltd.

Silver North’s major property are its 100% owned Haldane Silver Project (subsequent to Hecla Mining Inc.’s Keno Hill Mine undertaking), the Tim Silver Mission (underneath choice to Coeur Mining, Inc. within the Silvertip/Halfway District, BC and Yukon) and the GDR undertaking additionally within the Silvertip/Halfway district. Silver North additionally plans to purchase further silver properties in beneficial jurisdictions.

The Firm is listed on the TSX Enterprise Trade underneath the image “SNAG”, trades on the OTCQB market in the United States underneath the image “TARSF”, and underneath the image “I90” on the Frankfurt Inventory Trade.

Mr. Jason Weber, P.Geo., President and CEO of Silver North Sources Ltd. is a Certified Individual as outlined by Nationwide Instrument 43-101. Mr. Weber supervised the preparation of the technical data contained on this launch.

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel: (604) 807-7217

Fax: (888) 889-4874