Pantera Silver Corp. — Capital/Financing Update 2021

Mar 30, 2021

==> picture [168 x 65] intentionally omitted <==

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

Pantera Silver Closes Non-Brokered Private Placement

Vancouver, B.C., (March 29[th] , 2021): Pantera Silver Corp. (“PNTR”: TSX-V, “Pantera”, “the Company”) is pleased to announce it has closed a non-brokered private placement at a price of CAD$0.12 per unit ("Unit") for proceeds up to CAD$180,000.00 (the "Private Placement") previously announced on March 15[th] , 2021. Each Unit will consist of one Pantera Share and one Pantera Share purchase warrant at a price of $0.20, exercisable for a period of two years from issuance (the "Warrants"). Pantera intends to use the net proceeds from the Private Placement for general corporate purposes and working capital. All securities distributed pursuant to the Private Placement will be subject to a statutory hold period of four months from the date of issuance.

About Pantera Silver Corp.

Pantera Silver Corp. is a mineral exploration company committed to enhancing shareholder value by advancing a diverse portfolio of mineral projects through collaborative partnerships and highly experienced technical teams. Pantera will continue to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions. Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities that build lasting relationships through honest and respectful business and environmental practices. For more information visit http://panterasilver.com.

On behalf of the Board of Directors “Jay Roberge” CEO/Chairman Pantera Silver Corp. roberge@tehama.com / +1.778.895.0247

Neither 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.

This news release contains “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward looking statements and the forward looking statements are not guarantees of future performance. Pantera Silver Corp disclaims any obligation to update or revise any forward looking statements, whether as a result of new information, events or otherwise, except as required by law.

____________ Pantera Silver Corp. 1166 Alberni Street, Suite 1201, Vancouver, BC, V6E 3Z3