Silver Mountain Resources is pleased to announce that it has completed its previously announced prospectus offering of units of the Company. The Offering was completed on a "bought deal" basis pursuant to an underwriting agreement dated July 21, 2025 among the Company and a syndicate of underwriters, including Velocity Capital Partners, as sole bookrunner, and as co-lead underwriters with SCP Resource Finance LP, together with Research Capital Corporation and Stifel Nicolaus Canada Inc . Pursuant to the Offering, the Company issued an aggregate of 19,230,300 Units at a price of $1.30 per Unit for aggregate gross proceeds of $24,999,390, including the full exercise by the Underwriters of the over-allotment option to purchase an additional...