Silver Dollar Resources Proposes Warrant Expiry Extension
VANCOUVER, BC – September 22, 2026 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) (“Silver Dollar” or the “Company”) announces it intends to extend the expiry date of 3,022,600 share purchase warrants (the “Warrants”) from October 29, 2026 to October 29, 2027 (the “Proposed Extension”), subject to acceptance by the Canadian Securities Exchange (the “CSE”), as applicable, the agreement of the holders and compliance with applicable securities laws.
The Warrants were issued on October 29, 2024 as part of a non-brokered private placement of 6,000,000 units priced at $0.25 each. The units comprised one common share and one-half of a non-transferable share purchase warrant with each full warrant entitling the holder to purchase one additional common share of the Company at a price of $0.40 per share for, originally, two years from the closing date of the offering. In conjunction with the offering, the Company also issued 89,600 warrants on the same terms in respect of finders’ fees.
Pursuant to the Proposed Extension, the exercise price and all other terms of the Warrants remain unchanged. The closing price of the Company’s common shares on the CSE on September 21, 2026 was $0.27.
The Proposed Extension will become effective on the closing date determined by the Company following receipt of CSE acceptance, as applicable, and the required holder agreements, accredited investor representations and other confirmations required by the Company for purposes of applicable securities laws. A holder that does not satisfy these conditions will not receive the benefit of the Proposed Extension, and the Warrants held by that holder will continue to expire on October 29, 2026 in accordance with their existing terms.
The Proposed Extension will constitute a new distribution of the Warrants under applicable Canadian securities laws. The Company intends to rely on the accredited investor exemption from prospectus requirements in connection with the Proposed Extension. The Warrants, as amended, and any common shares issued upon exercise thereof will be subject to a statutory hold period of four months and one day from the effective date of the Proposed Extension, in accordance with applicable Canadian securities laws. Any proceeds from the exercise of the Warrants will be used for general working capital purposes.
The Company will rely on subsections 5.5(b) and 5.7(1)(a) of Multilateral Instrument 61-101 to exempt the Proposed Extension from the requirements for a formal valuation and minority shareholder approval. To the Company’s knowledge, neither it nor the purchasers have knowledge of any material information concerning the Company or its securities that has not been generally disclosed.
About Silver Dollar Resources Inc.
Silver Dollar is a dynamic mineral exploration company focused on North America’s premier mining regions. Our flagship project is the large, advanced exploration-stage La Joya Silver (Cu-Au) Project in the Mexican Silver Belt, where a 3,500-metre drilling program is in progress. The Company is fully funded for 2026, having closed a financing with continued support from financial backers that include renowned mining investor Eric Sprott, the largest shareholder. Silver Dollar’s management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.
For additional information, you can visit our website at silverdollarresources.com, download our investor presentation, and follow us on X at x.com/SilverDollarRes.
ON BEHALF OF THE BOARD
Signed "Gregory Lytle"
Gregory Lytle,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (604) 839-6946
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements:
This news release may contain "forward-looking statements." Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.
