Silver Scott Mines Digital Division Delivers Kanab.club Beta to Everest Networks Under Recently Completed Agreement

Rhea-AI Summary

Silver Scott Mines (OTC:SILS) has successfully delivered the beta version of its Kanab.club platform to Everest Networks, marking a significant milestone in their strategic collaboration. The platform is designed as a digital hub for the cannabis community, targeting consumers, brands, retailers, and events in compliant jurisdictions.

Under the agreement, Silver Scott Mines maintains 30% ownership in the platform, while Everest Networks will test and provide feedback for feature optimization before public launch. The initiative aligns with Silver Scott's digital-first strategy, complementing their existing portfolio of fintech and online community platforms.

Positive

• Company retains 30% ownership in the Kanab.club platform
• Strategic partnership with Everest Networks expands market reach
• Adds to growing portfolio of digital assets and platforms
• Platform targets the expanding cannabis market sector

Negative

• Beta version still requires testing and optimization
• Success depends on regulatory compliance in various jurisdictions
• Platform faces competition in crowded cannabis digital space

News Market Reaction

+5.28%

1 alert

+5.28% News Effect

On the day this news was published, SILS gained 5.28%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Silver Scott Mines Digital Division Delivers Kanab.club Beta to Everest Networks Under Expansion Agreement

FRANKLIN, NJ / ACCESS Newswire / September 22, 2025 / Silver Scott Mines, Inc. (OTCID:SILS), through its Silver Scott Digital Division, today announced the successful delivery of the beta version of its Kanab.club platform to Everest Networks. This milestone marks the first major deliverable under the previously announced strategic collaboration between the two companies and signals a significant advancement in Silver Scott's digital asset and community platform portfolio.

Under the agreement, Everest Networks will test-drive Kanab.club, which is designed to be an innovative hub for the rapidly growing cannabis community. The digital platform targets consumers, brands, retailers, events, and positive enthusiast engagement in compliant jurisdictions. Both Companies anticipate accelerating feedback and feature integrations ahead of a broader public rollout.

"This delivery represents a cornerstone in expanding our pipeline of high-value digital products. Our maintaining 30% ownership in this platform is a key to building Silver Scott's asset base of potential high returning projects," said Stuart Fine, CEO of Silver Scott Mines, Inc. "Everest Networks' expertise and user base will be invaluable in optimizing Kanab.club as we move towards a commercial launch. This is an exciting step in the execution of our digital-first strategy, building on our proven momentum in the fintech and online community sectors."

Representatives from Everest Networks commented, "We look forward to testing Kanab.club and providing direct input to ensure it meets the needs of the evolving cannabis marketplace. Our collaboration with Silver Scott Mines is a natural fit and we anticipate strong demand for these types of compliant digital community solutions."

About Silver Scott Mines, Inc.
Silver Scott Mines, Inc. (OTC Pink: SILS) is a diversified technology and software development company with interests in digital asset infrastructure, tokenized natural resources, fintech innovation and healthtech solutions. Through strategic development and acquisitions, the Company aims to deliver long-term value to shareholders by bridging traditional assets with emerging digital opportunities. Learn more about our ETF platform: www.YourCryptoETF.com. Learn more about our seedless crypto wallet: www.seedlesswallet.com. Trade crypto here: www.silverscottexchange.com. Other sites owned by SILS: www.silverscotttoken.com, www.peachhim.com, Trustnft.io, www.eggplanther.com, www.rivalmemecoins.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially due to factors discussed in the Company's filings and other public disclosures. The Company undertakes no obligation to update any forward-looking statements, except as required by law.

Contact:
Stuart Fine, CEO
Silver Scott Mines, Inc.
908-356-9852

SOURCE: Silver Scott Mines Inc.

View the original press release on ACCESS Newswire

FAQ

What is the Kanab.club platform developed by Silver Scott Mines (SILS)?

Kanab.club is a digital hub designed for the cannabis community, targeting consumers, brands, retailers, and events in compliant jurisdictions.

What ownership stake does Silver Scott Mines (SILS) maintain in Kanab.club?

Silver Scott Mines maintains a 30% ownership stake in the Kanab.club platform.

What is Everest Networks' role in the Silver Scott Mines (SILS) Kanab.club platform?

Everest Networks will test-drive the beta version of Kanab.club and provide feedback for feature optimization before the public launch.

What other digital platforms does Silver Scott Mines (SILS) operate?

SILS operates several digital platforms including YourCryptoETF.com, seedlesswallet.com, silverscottexchange.com, and various other sites focused on crypto and digital assets.

How does the Kanab.club platform fit into Silver Scott Mines' (SILS) strategy?

The platform represents a key component of SILS's digital-first strategy, expanding their portfolio of high-value digital products in the fintech and online community sectors.