Early Warning Report and News Release Regarding Securities of Silver Hammer Mining Corp.

Rhea-AI Summary

Silver Hammer Mining (HAMRF) shareholder Vincent Bilodeau filed an early warning report about a planned sale of up to 2,000,000 common shares.

He currently owns 15,775,382 shares (11.27%) and may reduce this to 13,775,382 shares (9.85%) to stay below a 10% ownership threshold, while keeping a positive long-term outlook.

Positive

• Regulatory-driven sale to maintain ownership below 10% threshold
• Acquiror indicates a long-term positive outlook on Silver Hammer Mining
• Flexibility to buy or sell future securities based on market conditions

Negative

• Planned sale of up to 2,000,000 Silver Hammer Mining shares
• Ownership stake potentially reduced from 11.27% to 9.85%
• Increased share supply potential through Canadian Securities Exchange and other markets

News Market Reaction – HAMRF

-7.45%

-7.45% Session close to close

In the Jun 9 session, HAMRF declined 7.45%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Levis, Quebec--(Newsfile Corp. - June 8, 2026) - Mr. Vincent Bilodeau (the "Acquiror") reports an intention to undertake security transactions in Silver Hammer Mining Corp. (the "Issuer") including potential public market sales, on a direct basis, in the total quantity of up to 2,000,000 common shares (the "Proposed Divested Shares").

The proposed disposition triggers the requirement for an Early Warning Report (Form 62-103F1) to be posted to SEDAR+ (referenced hereby) and this required news release prior to the execution of the sales.

The Acquiror currently holds 15,775,382 common shares, representing approximately 11.27% of the Issuer's issued and outstanding common shares (based on the Issuer reporting 139,922,966 shares outstanding).

Following the proposed sale of the 2,000,000 Proposed Divested Shares, the Acquiror would hold 13,775,382 common shares of the Issuer, representing approximately 9.85% of the Issuer's common shares, which would bring the Acquiror's total ownership interest below the 10% threshold.

The Proposed Divested Shares are intended to be sold from time to time through the facilities of the Canadian Securities Exchange or other public markets at prevailing market prices.

The Acquiror is undertaking this proposed divestment strictly to satisfy regulatory thresholds and maintains a long-term positive outlook on the value and operations of the Issuer. The Acquiror may acquire or sell securities of the Issuer in the future depending upon market conditions, the Acquiror's investment objectives and/or other relevant factors. Other than the foregoing or as publicly filed, the Acquiror does not have plans or any future intentions which relate to or would result in any of the other foregoing matters.

"Vincent Bilodeau"

Vincent Bilodeau

The Form 62-103F1 - Required Disclosure under the Early Warning Requirements associated with this news release can be obtained from SEDAR+ www.sedarplus.ca. Alternatively, for a report copy, contact Mr. Bilodeau at 418-808-2081 or c/o 1498 Rue Vallières, Lévis, QC, G7A 2G9.

The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved of the contents of this press release.

Source: Vincent Bilodeau

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300668

FAQ

What early warning report did HAMRF investor Vincent Bilodeau file on June 8, 2026?

Vincent Bilodeau filed an early warning report about a planned disposition of up to 2,000,000 Silver Hammer Mining shares. According to the Acquiror, this disclosure is required under Canadian securities rules before executing the proposed public market sales.

How many Silver Hammer Mining (HAMRF) shares does Vincent Bilodeau currently own?

Vincent Bilodeau currently owns 15,775,382 common shares of Silver Hammer Mining, or about 11.27% of outstanding shares. According to the Acquiror, this percentage is based on 139,922,966 issued and outstanding shares reported by the company.

How will the proposed share sale affect Vincent Bilodeau’s ownership in HAMRF?

If all 2,000,000 proposed shares are sold, Bilodeau’s holdings would fall to 13,775,382 Silver Hammer Mining shares, about 9.85% of the company. According to the Acquiror, this would bring his interest below the 10% early warning threshold.

Why is Vincent Bilodeau planning to sell up to 2,000,000 HAMRF shares?

The planned sale is intended to satisfy regulatory ownership thresholds rather than reflect a negative company view. According to the Acquiror, he maintains a long-term positive outlook on Silver Hammer Mining’s value and operations despite the proposed divestment.

Where will the proposed HAMRF share sales by Vincent Bilodeau take place?

The 2,000,000 Silver Hammer Mining shares are intended to be sold through the Canadian Securities Exchange or other public markets. According to the Acquiror, transactions will occur at prevailing market prices and may be executed from time to time.

Can Vincent Bilodeau change his HAMRF position after this early warning report?

Yes. The early warning report discloses current intentions but does not restrict future trades. According to the Acquiror, he may acquire or sell additional Silver Hammer Mining securities later, depending on market conditions and his investment objectives.