Silver Bullet Mines Corp. announced a non-brokered private placement of 4,166,666 units at a price of CAD 0.12 per unit for gross proceeds of CAD 500,000 on October 25, 2023. Each unit will consist of one common share and a full warrant exercisable into one common share at CAD 0.17 for a term of 2 years. The transaction is subject to regulatory approval.

On December 8, 2023, the company announced for an extension of a further 30 days subject to approval of the TSX Venture Exchange.