Dolly Varden Stock Price, News & Analysis

Dolly Varden Silver has received approval to list its common shares on the NYSE American. Trading is expected to commence under the new symbol 'DVS' on April 21, 2025. The company's shares will continue trading on the OTCQX until approximately April 17, 2025.

Current stockholders are not required to take any action prior to the NYSE American listing. According to CEO Shawn Khunkhun, this move will provide access to the world's largest equity markets, potentially creating significant shareholder value by making it easier for U.S. institutional and retail investors to invest in the company's high-grade silver projects.

Dolly Varden Silver (OTCX: DOLLF) has announced the engagement of ICP Securities Inc. for automated market making services starting April 4, 2025. The agreement includes the use of ICP's proprietary algorithm, ICP Premium™, to manage temporary supply and demand imbalances in the company's shares.

The initial contract term is set for four months with automatic one-month renewals thereafter, unless either party provides 30 days written notice. Dolly Varden will pay ICP a monthly fee of C$7,500 plus applicable taxes. ICP currently holds no interest in Dolly Varden's securities but may acquire positions in the future. The agreement contains no performance factors, stock options, or additional compensation.

Dolly Varden Silver (DOLLF) has announced its application to list on the NYSE American exchange, planning to transition from its current OTCQX listing. The company expects to begin trading under the symbol 'DVS' in late April 2025, subject to regulatory approvals.

In preparation for the NYSE American listing, the company will implement a 4:1 share consolidation, reducing outstanding shares from 318,077,469 to approximately 79,519,367. The consolidation is expected to be effective April 7, 2025, with proportionate adjustments to stock options, warrants, and restricted share units.

The company will maintain its TSX Venture Exchange listing under the symbol 'DV' while filing a Form 40-F registration statement with the SEC. Shareholders will receive instructions regarding the exchange of pre-consolidation shares through a letter of transmittal from Computershare Trust Company.

Dolly Varden Silver (OTCQX: DOLLF) has announced new equity compensation grants to its directors, officers, and consultants. The company has granted 2,194,000 stock options exercisable at $1.00 per share until February 28, 2030. Additionally, 949,000 restricted share units (RSUs) have been granted to officers and directors, which will vest equally over a three-year period, with initial vesting after one year. Each vested RSU can be converted into one common share of the company.

Dolly Varden Silver (DOLLF) has announced significant drill results from its 2024 program at the Homestake Silver deposit in BC's Golden Triangle. The program, consisting of 69 drill holes totaling 31,726m, successfully expanded and infilled multiple high-grade gold and silver-rich zones.

Key highlights include:

• Hole HR24-431: 21.55 g/t Au and 27 g/t Ag over 8.72m
• Hole HR24-433: 35.05 g/t Au and 114 g/t Ag over 2.32m
• Hole HR24-437: 5.54 g/t Au and 97 g/t Ag over 10.20m

The drilling program revealed that Homestake Silver, originally considered primarily silver-rich, contains multiple gold-rich zones that remain open for expansion. The company is planning a fully funded 2025 drill program to continue growth and further infill-drilling along the Kitsault Valley trend.

Dolly Varden Silver (DOLLF) has announced significant drilling results from the Wolf Vein, with drill hole DV24-421 intersecting 379 g/t Ag, 0.64% Pb and 0.66% Zn over 21.69 meters in a 120-meter step-out. The mineralization zone remains open for expansion as it plunges southwest.

Key highlights include multiple high-grade intersections:

• DV24-406: 465 g/t Ag over 7.67 meters
• DV24-413: 374 g/t Ag over 9.70 meters
• DV24-415: 357 g/t Ag over 9.17 meters

The 2024 exploration program was expanded from 25,000m to 32,000m at the Kitsault Valley Project. The Wolf Vein plunge extent has been expanded to over 1,100 meters. The company completed 22 drill holes totaling 9,731 meters at Wolf Vein, with this release covering the final 13 holes.

Dolly Varden Silver has announced significant drill results from its 2024 program at the Homestake Silver deposit in BC's Golden Triangle. Key intersections include 12.23 g/t Au and 84 g/t Ag over 34.93m, and 29.24 g/t Au and 16 g/t Ag over 13.94m. The company completed 69 drill holes totaling 31,726m in the 2024 Kitsault Valley Project, with results pending for 23 holes. The drilling identified a gold-rich, wide and high-grade area within the deposit, with mineralization showing similar orientation to the Homestake Main Deposit. The deposit remains open for expansion.

Dolly Varden Silver (TSXV: DV) (OTCQX: DOLLF) has announced significant results from its Wolf Vein high-grade silver expansion drilling at the Kitsault Valley Project. Key highlights include:

- Drill hole DV24-416: 654 g/t Ag, 0.47% Pb, and 0.57% Zn over 21.48 meters
- Drill hole DV24-408: 513 g/t Ag, 2.95% Pb, and 1.82% Zn over 27.19 meters

These results demonstrate consistent thicknesses and increased vertical extent of the mineralized zone. The company has expanded its 2024 exploration drill program to 32,000 meters from the initial 25,000 meters. The Wolf Vein continues to show exceptional silver grades with significant base metal values over potentially bulk-mineable widths.

Dolly Varden Silver (TSXV: DV) (OTCQX: DOLLF) has announced promising results from step-out drilling at the Wolf Vein on its Kitsault Valley Project. Highlights include:

• DV24-412: 606 g/t Ag over 16.20 meters
• DV24-414: 771 g/t Ag over 3.77 meters within a 15.02m wide vein breccia zone

The drilling has extended the high-grade silver plunge by 75 meters from 2023 drilling. The Wolf Vein shows increasing mineralization strength to the southwest, with excellent continuity of high grades. The company has completed 8,000 meters of a planned 25,000m drill program at Wolf Vein to expand and infill the high-grade silver mineralization plunge.