**TORONTO — July 10, 2025 —** Shareholders of Till Capital Corporation (TSX.V:TILL) have green-lit a major transaction with Silver Storm Mining Ltd. (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR), paving the way for Silver Storm to acquire the smaller mining firm.
The approved court-supervised plan of arrangement will see Silver Storm take full ownership of Till Capital. This move follows the companies’ arrangement agreement signed on May 5, 2025, signaling consolidation in a volatile precious-metals sector.
**Next Steps & Timetable:**
Final approvals from the British Columbia Supreme Court and the TSX Venture Exchange (TSXV) remain key conditions. A court hearing scheduled for July 15, 2025, could deliver the final ruling. If successful, the transaction should close by July 17, 2025. Full agreement details are accessible via SEDAR+ and Silver Storm’s corporate website.
**Silver Storm’s Strategic Footprint:**
The acquisition aligns with Silver Storm’s aggressive growth in silver-rich Durango, Mexico. The company’s crown jewel is the La Parrilla Silver Mine Complex – a previously productive hub with five underground mines, an open pit, and a 2,000-tonne-per-day mill. La Parrilla yielded 34.3 million silver-equivalent ounces between 2005 and 2019 before halting operations. Additionally, Silver Storm wholly owns the San Diego Project, widely regarded as one of Mexico’s largest untapped silver deposits.
**Forward-Looking Considerations:**
While the deal signifies Silver Storm’s expansion ambitions, investors should note inherent uncertainties. Closing remains contingent on regulatory nods and court validation. The company also emphasized that reactivating the La Parrilla complex involves assessing historical data rather than NI 43-101 feasibility studies, potentially elevating operational risks.
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*Neither the TSXV nor its Regulation Services Provider endorses the accuracy of this release.*
*This report contains forward-looking statements subject to risks and market variables. Completion of the Till arrangement, regulatory clearances, and potential reactivation of La Parrilla depend on factors beyond Silver Storm’s immediate control.*
Source: Silver Storm Mining Ltd.
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