Aftermath Silver Ltd. announced a non-brokered private placement of up to 13,636,363 units at a price of CAD 0.22 per unit for total gross proceeds of up to CAD 2,999,999.86 on March 21, 2024. Each unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable by the holder thereof to acquire one additional common share for a period of 24 months from the date of issuance at a price of CAD 0.32 per warrant share.

The company may pay a cash finder?s fees of 6% of the gross proceeds raised from subscribers introduced to the company by the finders; and to eligible parties, such number of finder?s warrants equal to 6% of the number of units acquired by subscribers introduced to the company by the finders. Each finder's warrant will entitle the holder thereof to purchase one share at a price of CAD 0.32 per share for 24 months from the date of issuance. 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.

The closing of the private placement is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange.