Aftermath Silver Ltd. announced a non-brokered private placement that it will issue up to 22,222,222 units to be sold at a price of CAD 0.45 per Unit for total gross proceeds of up to CAD 9,999,999.9 on October 16, 2024. The transaction will include participation from 2176423 Ontario Ltd. Each Unit will be comprised of one common share in the capital of the Company and one-half of one transferable Common Share purchase warrant. Each Warrant is exercisable by the holder thereof to acquire one additional Common Share for a period of 36 months from the date of issuance at a price of CAD 0.70 per Warrant Share. The Private Placement is subject to approval of the TSXV and disinterested shareholder approval. Approval for the creation of a new Control Person pursuant to the Private Placement will be sought at a meeting of the shareholders of the Company to be held on November 20, 2024. All securities issued with respect to the Private Placement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. A finders fee may be payable in connection with the Private Placement.

On November 19, 2024. At the meeting, the company's shareholders re-elected all of the company's current board of directors, Michael Williams, Ralph Rushton, David Terry, Michael Parker and Keenan Hohol, approved the appointment of the company's auditor, Davidson & Company LLP, and reapproved the long-term incentive plan in accordance with the requirements of the TSX Venture Exchange. The company's shareholders also approved the creation of anew control person, being 2176423 Ontario Ltd. and Eric Sprott, as more particularly set out in the management and information circular