Silver Viper closes final tranche of private placement

Silver Viper Minerals Corp. (TSXV: VIPR,OTC:VIPRF,OTC:VIPRF) (OTCQB: VIPRF) (“Silver Viper” or the “Company”) is pleased to announce that it has closed the final tranche (the “Final Tranche”) of its non-brokered private placement (the “Offering”) announced on November 18, 2025. The Final Tranche consisted of 3,433,750 units of the Company (the “Units”) at a price of $0.80 per unit for aggregate gross proceeds of $2,747,000. In total, the Company raised $17,000,000 under the Offering, having previously closed the first tranche on December 12, 2025, which raised a total of $14,253,000.

Each Unit consisted of one common share of the Company (each a “Part“) and one command (each a “Deposit“). Each Warrant entitles its holder to acquire one Share of the Company at a price of $1.20 per Share for a period of 24 months from the date of issue. The Shares and Warrants comprising the Units and any Shares issued upon the exercise of the Warrants are subject to a statutory holding period expiring on April 20, 2026. The expiration date of the Warrants may be accelerated by the Company at any time after closing and prior to the expiration date of the Warrants if the volume weighted average trading price of the Company’s common shares exceeds €1.40 for twenty consecutive trading days (a “Acceleration event“). Following the occurrence of an Acceleration Event, the Company may accelerate the expiration date of the Warrants by issuing a press release announcing the acceleration of the expiration date of the Warrants, whereupon the Warrants will expire on a date not less than the 20th calendar day after the date of such press release.

The funds will be used to continue surface exploration, including mapping and sampling in preparation for a future drilling campaign at the company’s La Virginia Gold-Silver Project, located in Mexico. Additionally, a portion of the funds raised will be used for working capital needs and other general corporate purposes.

The Company has agreed to pay a finder’s fee to certain finders with respect to the buyers under the Offering introduced to the Company by such finder. In connection with the closing of the Final Tranche, Silver Viper will pay finder’s fees of $3,000 to Research Capital Corp., and $1,800 to Ventum Financial Corp. The company will pay in total $594,150 in finder’s fees in connection with the Offering, after previously closing a tranche December 12, 2025which resulted in a payment of $589,350 in finder’s fees.

Insiders of the Company have subscribed to a total of 250,000 Units. Participation by insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Company relies on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of insider participation in the Private Placement does not exceed 25% of the Company’s market capitalization, as determined in accordance with MI 61-101.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”), or any state securities laws, and accordingly may not be offered or sold within the United States except in accordance with the registration requirements of the US Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer or invitation to offer securities for sale the United Statesnor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

CONETO SILVER-GOLD PROJECT UPDATE

Following the company’s press release dated October 28, 2025the company is working to complete the acquisition of 100% ownership of the Coneto Silver-Gold Project in Durango, Mexico by Fresnillo plc and Orex Minerals Inc. The acquisition remains subject to the completion of final documentation by the parties and receipt of required regulatory approvals, including from the TSXV.

About Silver Viper Minerals

Silver Viper Minerals Corp. (TSX-V: VIPR,OTC:VIPRF; OTCQB: VIPRF) is a Canadian-based junior mineral exploration company focused on advancing precious metals projects in Mexico. The company’s portfolio includes the La Virginia Gold-Silver Project in Sonorathe Cimarron Gold-Copper project Sinaloaand the recently announced acquisition of the Coneto Silver-Gold Project, which together represent a strong pipeline of district-scale exploration opportunities within Mexicos productive silver band.

ON BEHALF OF THE BOARD OF DIRECTORS

Steve Cope
Chairman & CEO

Forward-looking information

This press release may contain forward-looking statements, including statements regarding the acceleration of the expiration date of the Warrants, the closing of the second tranche of the Offering and the use of proceeds from the Offering. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Forward-looking statements relate to future events and circumstances and therefore involve inherent risks and uncertainties. Such factors include, but are not limited to: risks and uncertainties relating to exploration and development, the Company’s ability to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of raw materials, operational hazards and risks, competition and other risks and uncertainties, including those described in the Company’s financial statements, management discussions and analyzes and/or the annual information form available at www.sedar.com. The risk factors identified in such documents are not intended to be an exhaustive list of factors that may affect the business. Actual results could differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Silver Viper Minerals Corp.

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