Silver Hammer Announces Acquisitions of Stroud Resources and Silvermark Resources and Brokered Financing; Eric Sprott to Become Cornerstone Shareholder

About this update from Silver Hammer Mining Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESKey Highlights of the Transaction Include:Expected to transform Silver Hammer into a globally diversified silver exploration and development company by adding an advanced-stage pipeline of silver assets in Mexico and a highly prospective exploration portfolio in Morocco to its existing U.S. silver assets.Creates a significant silver resource base anchored by the Santo Domingo silver-gold project, with approximately 25.74 million ounces ("Moz") silver equivalent ("AgEq") in Measured & Indicated Mineral Resources and 13.39 Moz AgEq in Inferred Mineral Resources1.Concurrent financing of up to C$10 million expected to fund exploration, resource growth and project advancement across the Combined Company's portfolio.Expected to create a strong balance sheet and enhanced capital markets profile, supported by a pro forma cash position in excess of C$10 million, a larger market capitalization, and a tighter share structure, positioning the Combined Company to attract increased investor interest and improve trading liquidity.Backed by renowned mining investor Eric Sprott as the Combined Company's expected largest shareholder.Experienced board and management team with proven expertise in capital markets, exploration, mine development and value creation to execute the Combined Company's long-term growth strategy.Vancouver, British Columbia--(Newsfile Corp. - July 20, 2026) - Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") and Stroud Resources Ltd. (TSXV: SDR) ("Stroud") are pleased to announce that they have entered into a definitive arm's length business combination agreement dated July 17, 2026 (the "Stroud Agreement") with 1001629888 Ontario Inc. ("Subco"), a wholly-owned Ontario subsidiary of the Company, and Stroud Resources Ltd., a mineral exploration company incorporated under the laws of Ontario and listed on the TSX Venture Exchange (the "TSXV"), pursuant to which the Company will acquire all of the issued and outstanding common shares of Stroud by way of a three-cornered amalgamation under the Business Corporations Act (Ontario) (the "Stroud Amalgamation"). Stroud holds an effective 100% interest in the Santo Domingo silver-gold property...

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