Silver Valley Metals Announces $2 Million Private Placement Financing

Rhea-AI Summary

Silver Valley Metals (OTCQB: SVMFF) filed for conditional TSXV approval of a non-brokered private placement to raise $2.0 million by issuing 16,666,667 units at $0.12 each. Each Unit includes one common share and one warrant exercisable at $0.25 for 24 months.

Insiders subscribe for $504,000 (related party portion). Securities will be subject to a four-month-and-one-day hold. Net proceeds target project advancement, technical team build-out, Mexi-Can Lithium-Potash Project work, shareholder diversification, and general working capital.

Positive

• Financing raises $2.0M through 16.67M units
• Insiders committed $504,000, showing management support
• Warrants exercisable at $0.25 for 24 months
• Proceeds earmarked for project advancement and technical build-out

Negative

• Potential dilution from issuance of 16.67M new shares
• Warrant exercise could add further dilution at $0.25
• Related party participation of $504,000 may concern minority holders

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) ("Silver Valley" or the "Company"), announces that it has filed documents with the TSX Venture Exchange (the "Exchange") seeking conditional approval for its non-brokered private placement (the "Financing").

On receipt of Exchange approval the Company will issue 16,666,667 units at a price of $0.12 per unit (the "Units"), each Unit consisting of one common share and one common share purchase warrant ("Warrants"), each Warrant entitling the holder to purchase a common share of the Company at an exercise price of $0.25 for 24 months from the date of issue, for aggregate gross proceeds of $2 million.

Four (4) insiders of the Company are subscribing to the Financing for $504,000.00, that portion of the Financing being a "related party transaction" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, as the fair market value of the subject matter of the transaction does not exceed 25% of the Company's market capitalization.

All securities issued pursuant to the Financing are subject to a statutory hold period of 4 months and one day from the date of issue.

The Company intends to use the net proceeds from the Financing to advance the development of Silver Valley's business and asset portfolio. Specifically, funds will be allocated toward:

• Evaluation and advancement of advanced-stage, high-quality mineral opportunities, including the review of projects with Tier-1 jurisdictional and geological characteristics, with a focus on assets capable of creating near- to medium-term shareholder value;
• Strengthening the Company's technical and advisory capabilities, including the ongoing assembly of a highly experienced technical, geological, and corporate team to support disciplined project evaluation, development, and execution;
• Broadening and strengthening the shareholder base, including the addition of strategic, long-term investors with demonstrated strengths across mining finance, business development, capital markets, and project origination;
• Continued disciplined advancement of the Mexi-Can Lithium-Potash Project, including maintaining the project in good standing, further technical evaluation, and advancement activities aligned with market conditions and capital efficiency; and
• General working capital purposes, including corporate overhead, business development initiatives, and the evaluation of additional strategic opportunities.

The Company also remains pleased with its equity position in Silver Dollar Resources Inc., which provides Silver Valley with ongoing exposure to exploration success in the Silver Valley of Idaho and additional strategic optionality.

Link to Website:     http://www.silvervalleymetals.com

About: Silver Valley Metals:
Silver Valley Metals Corp. is a Canadian exploration company led by an experienced team of exploration, mining, and capital markets professionals focused on the acquisition, evaluation, and advancement of high-quality mineral assets. The Company is advancing strategic and precious mineral opportunities, including its 100%-owned Mexi-Can Lithium-Potash Project in Mexico, and maintains an equity ownership interest in Silver Dollar Resources Inc., which holds the Ranger-Page silver-zinc-lead project in Idaho's historic Silver Valley, along with residual net smelter return royalties at the project.

About: Mexi-Can Lithium / Potassium (sulphate of potash) Project:
Silver Valley Metals Corp. owns a 100% interest in a lithium and potassium bearing salar complex comprising 4,056 hectares on three mineral concessions ("the Mexico-Canada Project" or "Mexi-Can Project") located on the Central Mexican Plateau in the states of Zacatecas, and San Luis Potosi, Mexico. The NI 43-101 inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes of lithium carbonate equivalent (LCE) defined from surface to an average of 5 metres depth. The salars remain wide open in all directions for expansion.

On behalf of the Board of Directors of Silver Valley Metals,

"Brandon Rook"

Brandon Rook, President & CEO, Director

For further information please contact: 604-484-8959
Email: info@silvervalleymetals.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282018

FAQ

What financing did Silver Valley Metals (SVMFF) announce on January 29, 2026?

They announced a non-brokered private placement to raise $2.0 million. According to the company, it will issue 16,666,667 units at $0.12 per unit, each unit including one common share and one warrant exercisable at $0.25 for 24 months.

How many units and shares will SVMFF issue in the $2 million private placement?

The placement comprises 16,666,667 units at $0.12 per unit. According to the company, each unit contains one common share and one warrant, so 16,666,667 common shares will be issued on closing, subject to the statutory hold period.

What is the insider participation in Silver Valley Metals' (SVMFF) financing and why does it matter?

Insiders are subscribing for $504,000 of the financing. According to the company, this related party portion triggers MI 61-101 disclosure but is exempt from formal valuation and minority approval, indicating management support but creating potential minority-holder perception risk.

What are the warrant terms included in Silver Valley Metals' (SVMFF) private placement?

Each unit includes one warrant exercisable at $0.25 per share for 24 months. According to the company, warrants may create future dilution if exercised, and proceeds from any exercises would provide additional capital to the company.

How will Silver Valley Metals (SVMFF) use the net proceeds from the $2M financing?

Proceeds will fund project evaluation, technical team expansion, and the Mexi-Can Lithium-Potash Project. According to the company, funds are also for broadening the shareholder base, business development, and general working capital to advance asset portfolio priorities.

Are the securities from Silver Valley Metals' (SVMFF) financing restricted after issuance?

Yes, all securities will be subject to a statutory hold period of four months and one day. According to the company, this hold period applies from the date of issue and limits immediate resale of the issued shares and warrants.