Silverstock Metals Inc. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 400,000 on August 17, 2023. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.20 per common share until the date which is two years from the date of closing of the private placement.

All securities issued under the private placement are subject to a hold period expiring four months and one day from the date of issuance.