Silver Storm Stock Price, News & Analysis

Silver Storm (OTCQB: SVRSF) has completed a full drawdown of a US$7.0 million Prepaid Offtake Facility provided by Samsung C&T Hongkong Ltd. and QSSC, S.A. de C.V., subsidiaries of Samsung C&T. Proceeds will fund La Parrilla mill rehabilitation, upgrading, underground development, and general corporate and working capital.

Repayments occur in equal monthly installments over 12 months beginning May 2026, with maturity on April 30, 2027. The facility carries interest at 1‑month SOFR + 4.75% and a 1.25% set‑up fee. No finder fees, bonus shares, or bonus warrants were issued. Samsung has the right to purchase 100% of La Parrilla's lead‑silver and zinc concentrates for two years; Samsung is arms‑length and holds no other company securities.

Silver Storm (OTCQB: SVRSF) will present at Red Cloud's Fall Mining Showcase 2025 in Toronto on November 4–5, 2025. The in-person event is at the Sheraton Centre Toronto Hotel.

Greg McKenzie, President & CEO, is scheduled to present on November 4 at 11:20 AM ET and will hold one-on-one investor meetings during the conference. Shareholders and interested parties can attend and register via the event page.

Registration and the full agenda are available at https://redcloudfs.com/fallminingshowcase2025/.

Silver Storm (TSX.V: SVRS | OTCQB: SVRSF) announced a change of auditor effective October 13 and October 21, 2025. The company replaced Dale Matheson Carr-Hilton Labonte LLP with BDO Canada LLP; the Board appointed BDO as auditor effective October 21, 2025 until the next annual meeting.

The Former Auditor resigned at the company’s request, there were no reservations in the Former Auditor’s reports for the two most recent fiscal years, and the company reported no "reportable events" under NI 51‑102. Required letters and the Notice of Change of Auditor were reviewed by the Audit Committee and filed on SEDAR+.

Silver Storm (OTC: SVRSF) entered a definitive offtake prepayment financing with Samsung C&T for the restart of the La Parrilla silver mine complex in Durango, Mexico.

Key terms: a US$7.0 million secured prepaid facility for 18 months at 1‑Month SOFR + 4.75%, six‑month repayment grace period, then equal monthly repayments over 12 months; repayments may be deducted from concentrate sales. Security includes a corporate guarantee, share pledge and first‑ranking security over La Parrilla assets. Samsung has an offtake right for 100% of lead‑silver and zinc concentrates for two years. Proceeds will fund mill rehabilitation, underground development and working capital. Drawdown is subject to customary conditions precedent.

Silver Storm Mining (OTCQB: SVRSF) has announced the grant of incentive stock options to company directors, officers, employees, and consultants. The company has issued 37,000,000 stock options at an exercise price of $0.25 per share, valid for a five-year period. These options vest immediately and are subject to the company's 2020 Amended and Restated Incentive Stock Option Plan, as well as TSX Venture Exchange approval.

Silver Storm Mining (OTCQB: SVRSF) has successfully completed the acquisition of Till Capital Corporation through a court-approved plan of arrangement. Under the deal terms, Till shareholders received 16.360 Silver Storm Units for each Till share, with each unit comprising:

• One Silver Storm common share
• One-quarter warrant (exercise price C$0.25, expiring January 18, 2027)
• One contingent value right (CVR) tied to potential sale proceeds of 33.3% ownership in IG Far East LLC

Following the arrangement, Silver Storm issued 52,211,558 unit shares, 13,052,890 warrants, and 52,211,558 CVRs. The company now has 677,880,831 shares outstanding. Till shares will be delisted from TSXV on July 21, 2025, while Silver Storm continues trading under "SVRS".

Silver Storm Mining (OTCQB: SVRSF) announced that shareholders of Till Capital Corporation (TSX.V:TILL) have approved the previously announced acquisition arrangement. Under the agreement dated May 5, 2025, Silver Storm will indirectly acquire 100% of Till's outstanding common shares through a court-approved plan of arrangement.

The transaction completion remains subject to several conditions, including final approval from the Supreme Court of British Columbia, TSX Venture Exchange approval, and other specified conditions. Till plans to seek the court's final order on July 15, 2025, with an expected closing date of July 17, 2025.

Silver Storm Mining Ltd. has successfully upgraded its listing from the OTC Pink Market to the OTCQB Venture Market, with trading commencing under the symbol SVRSF. The company maintains its listings on the TSX Venture Exchange (SVRS) and Frankfurt Stock Exchange (SVR). The OTCQB Venture Market, operated by OTC Markets Group Inc., serves as a platform for early-stage and developing companies, requiring participants to meet specific criteria including current financial reporting, minimum bid price, and annual verification processes. This marketplace emphasizes transparency and provides enhanced technology and regulation for improved investor trading experience.

Silver Storm Mining (SVRSF) has made significant progress in securing financing for the restart of its La Parrilla Silver Mine Complex in Durango, Mexico. The company has received multiple non-binding proposals from leading trading houses for multi-year lead and zinc concentrate offtake agreements, along with traditional debt providers. The proposed financing facilities range from US$15-17 million with durations of 36-48 months. Interest rates will be based on the SOFR 3-month rate plus customary premium. The proposals are subject to conditions including due diligence, compliance, documentation, commercial offtake contracts for 100% of production, pledge guarantees, and credit committee approval.