Silver One Increases Private Financing to $6,016,600

Rhea-AI Summary

Silver One Resources (OTCQX:SLVRF) has increased its non-brokered private placement financing to $6,016,600 due to oversubscription. The offering consists of 21,487,857 units priced at $0.28 per unit, with each unit comprising one common share and one-half warrant.

Each whole warrant allows the purchase of one common share at $0.40 for three years from issuance. The proceeds will fund exploration and drilling activities on the company's mineral properties and general working capital. The offering is subject to TSX Venture Exchange approval.

Positive

• Increased financing from original amount due to oversubscription, indicating strong investor interest
• Proceeds will fund exploration and drilling activities
• Three-year warrant term provides potential additional future capital at $0.40 per share

Negative

• Potential dilution for existing shareholders
• Shares and warrants subject to four-month resale restrictions

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2025) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that due to an oversubscription, it has increased its previously announced non-brokered private placement financing to 21,487,857 units (a "Unit") at a price of $0.28 per Unit for total proceeds of $6,016,600 (the "Offering").

Each Unit will continue to consist of one common share (each, a "Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to purchase a Common Share at an exercise price of $0.40 for a period of three years from the date of issue.

All securities under the Offering will be subject to restrictions on resale expiring four months and day after issue. The Company may pay finders a fee in cash and/or share purchase warrants. The Company intends to use the net proceeds for exploration and drilling on the Company's mineral properties as well as general working capital purposes.

Closing of the Offering is subject to acceptance of the TSX Venture Exchange (the "Exchange").

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.

About Silver One

Silver One is focused on the exploration and development of quality silver projects. The Company owns a 100%-interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. Additional opportunities lie in unmined historic resources as well as in previously identified high-grade silver intercepts down-dip, which can potentially increase the substantive silver mineralization along-strike from the two past-producing open pits.

The Company owns a 100% interest in the Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-strike.

Silver One also owns a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect, recently permitted for drilling, which lies within the "Arizona Silver Belt," immediately adjacent to the prolific copper producing area of Globe, Arizona.

For more information, please contact:

Silver One Resources Inc.
Gary Lindsey - VP, Investor Relations
Phone: 604-974‐5274
Mobile : (720) 273-6224
Email : gary@strata-star.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Silver One's control. Such factors include, among other things: risks and uncertainties relating to Silver One's limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on the Candelaria Project, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264024

FAQ

What is the size of Silver One Resources' (SLVRF) private placement financing?

Silver One Resources has increased its private placement financing to $6,016,600, offering 21,487,857 units at $0.28 per unit.

What are the terms of SLVRF's warrant offering in August 2025?

Each unit includes one-half warrant, with each whole warrant allowing purchase of one common share at $0.40 for three years from issuance.

How will Silver One Resources use the proceeds from the $6M financing?

The company will use the proceeds for exploration and drilling on their mineral properties and general working capital purposes.

What restrictions apply to Silver One's August 2025 private placement securities?

The securities have a four-month and one-day resale restriction period after issuance and require TSX Venture Exchange approval.