Silver Bullet Mines Enters Long Term Supply Agreement with Ocean Partners US Inc.

About this update from Silver Bullet Mines Corp

Burlington, Ontario--(Newsfile Corp. - March 2, 2026) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or the "Company") is pleased to announce it has entered into a five-year framework agreement with Ocean Partners US Inc. ("Ocean Partners") to supply high grade mineralized material and concentrates. The framework agreement provides that all material from all SBMI mines in Arizona, whether in concentrate form or another form, will be sold to Ocean Partners during the five year period commencing February 1, 2026. Currently the commitment is for SBMI to ship to Ocean Partners up to 36,000 tons of product per annum, with the opportunity to increase that number in the coming months. Ocean Partners is a well-known global trading firm specializing in nonferrous metals concentrates for miners, smelters and refiners. The Ocean Partners team applies extensive expertise in technical, commercial, financial and political insight to create informed, analytical and creative solutions for the benefit of long-term partners. Personnel from Ocean Partners have been to the SBMI mill site in Globe, Arizona and at least one of the Company's Arizona mines as part of its due diligence review, and advise that SBMI would be an excellent fit for its growth plans. The framework agreement allows both parties to expand their association seamlessly in the future. The Company is very pleased to enter into this agreement with such a high-profile partner as it provides assurance that as SBMI grows it will have a ready market for all its saleable products. The framework agreement provides confidential commercial terms of sale and payments that will enable SBMI to generate significant revenue and expand its operations using funds from the sale of product. Currently the Company is working on increasing the throughput at its wholly-owned mill in Globe, Arizona and is purchasing additional circuits to recover additional products. Assuming the Company has suitable financing arrangements, the Company intends to install a portable crushing plant at the newly acquired Columbia Mine. It is a busy time for the Company as it ramps up production, increases its land holdings, and expands its revenue generating capabilities. Ocean Partners also has indicated an interest in working with the Company as it develops the Washington Mine in Idaho and brings t...

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