Blende Silver Corp. announced a non-brokered private placement of up to 15,000,000 flow-through units at a price of CAD 0.1 per flow-through unit for gross proceeds of up to CAD 1,500,000 and up to 18,750,000 non-flow through units at a price of CAD 0.08 per non-flow through unit for gross proceeds of up to CAD 1,500,000, for an aggregate gross proceed of CAD 2,700,000 on November 19, 2021. Each flow-through unit consists of one common share and one common share purchase warrant.

Each warrant can be exercised to acquire one common share at a price of CAD 0.2 per share for a period of four years from the date of closing. The transaction is subject to approval from TSX Venture Exchange. The securities are being subject to four months hold period.

Finder's fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange.