Aftermath Silver Ltd. — Capital/Financing Update 2021

Jan 18, 2021

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FOR IMMEDIATE RELEASE

January 18, 2021 (AAG2021 – NR #01)

Aftermath Pays Finder’s Fee in connection with Initial Closing of Berenguela Acquisition

Vancouver, BC, January 18, 2021 – Aftermath Silver Ltd. (the “Company” or “Aftermath Silver”) (TSX-V: AAG) (OTCQB: AAGFF) announces that it has paid finder's fees to Elysium Mining Ltd. ("Elysium"), in connection with the previously announced initial closing of the acquisition of the Berenguela silver-copper project pursuant to an acquisition agreement with SSR Mining Inc.). The Company issued 346,279 common shares in the capital of the Company to Elysium and made prior cash payments to Elysium in the aggregate amount of USD$109,477. The finder's fee shares are subject to a statutory hold period of four months plus one day, in accordance with applicable securities laws, expiring on May 15, 2021.

ON BEHALF OF THE BOARD OF DIRECTORS

“ Ralph Rushton”

Ralph Rushton CEO and Director 604-484-7855

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.