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Pacifica Silver Regulatory Filings 2025

Sep 19, 2025

48535_rns_2025-09-19_1a0367f4-970a-4aef-8e66-6f1eac8019d7.pdf

Regulatory Filings

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1

FORM 51-102F3

MATERIAL CHANGE REPORT

Item 1. Name and Address of Company

PACIFICA SILVER CORP.
1000 – 1055 West Hastings Street
Vancouver, BC V6E 2E9

(the "Company")

Item 2. Date of Material Change

September 15, 2025.

Item 3. News Release

The news release was issued on September 16, 2025 and disseminated by Newsfile Corp.

Item 4. Summary of Material Change

The Company announced that it has granted a total of 2.6 million stock options to directors, officers, and consultants of the Company.

Item 5. Full Description of Material Change

The Company announced that it has granted a total of 2.6 million stock options to directors, officers, and consultants of the Company, in accordance with its equity incentive plan.

The stock options have an exercise price of C$1.14 per share and are exercisable for a period of five years from the date of grant. The options will vest over a 24-month period, with 25% vesting six months after the date of grant, and an additional 25% vesting every six months thereafter. All options are subject to the terms and conditions of the Company's equity incentive plan and applicable regulatory approvals.

Item 6. Reliance on Subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7. Omitted Information

None.

Item 8. Executive Officer

Todd Anthony
Chief Executive Officer
604-416-1719

Item 9. Date of Report

September 19, 2025.