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Silver Hammer Mining Corp. — Capital/Financing Update 2025
Apr 21, 2025
47996_rns_2025-04-21_fa1a663f-52a8-4482-a00f-d85526fd9419.pdf
Capital/Financing Update
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FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1 – Name and Address of Company
Silver Hammer Mining Corp. (the “Company”)
300-1055 West Hastings Street
Vancouver, BC V6C 2E9
Item 2 – Date of Material Change
April 21, 2025
Item 3 – News Release
A news release was issued and disseminated on April 21, 2025 and filed on SEDAR+ (www.sedarplus.ca).
Item 4 – Summary of Material Change
The Company announced it has closed its non-brokered private placement (the “Offering”). See Item 5 for further details.
Item 5 – Full Description of Material Change
5.1 Full Description of Material Change
The Company announced that it has closed its Offering issuing 572,727 units (the “Units”) at CAN$0.055 per Unit for gross proceeds of CAN$31,500 raised. Each Unit consists of one common share in the capital of the Company (a “Share”) and one transferrable common share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to purchase one additional Share at a price of CAN$0.07 for a period of three years from the closing of the Offering.
No finder’s fees were paid in connection with the Offering. All securities issued in connection with the Offering are subject to a statutory hold period of four months expiring on August 22, 2025, in accordance with applicable securities legislation. The Company intends to use the proceeds raised from the Offering for general working capital.
5.2 – Disclosure for Restructuring Transactions
Not applicable
Item 6 – Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable
Item 7 – Omitted Information
Not applicable
Item 8 – Executive Officer
Peter A. Ball
Chief Executive Officer and Director
Telephone: 778.344.4653
Email: [email protected]
Item 9 – Date of Report
April 21, 2025