お知らせ • Jul 29
Honey Badger Silver Inc. Highlights Significant Sulphur-Rich Pyrite Zone and Investigates Germanium Potential at Nanisivik Silver Project in Nunavut, Canada Honey Badger Silver Inc. highlighted the significance of extensive, massive pyrite mineralization at its 100%-owned Nanisivik Silver Project in Nunavut, Canada. The Company has also started investigating the potential for Nanisivik to host germanium in existing and potentially new zones of mineralization. Honey Badger Silver acquired a large land position around Nanisivik for three key reasons: The growth potential of the silver-bearing polymetallic mineralization located at, or very close to, the former mine. The growth potential of several under-explored, yet very prospective, silver-bearing polymetallic satellite zones located away from the historic mine. The massive pyrite bodies located around the former mine that may contain silver and other valuable metals. The price of sulphur has recently risen by over 500% according to market data from Trading Economics due to ongoing conflict in the Middle East. Pyrite is an important source of sulphur, thus making the existing Nanisivik pyrite deposit potentially financially attractive. The importance and price of germanium, a critical mineral, has risen dramatically because of Chinese export controls. The Company plans to begin working on site imminently to evaluate the potential of the massive pyrite zones as well as follow-up on high-grade grab samples located elsewhere on the property collected in 2025. The company will also analyze newly collected samples for critical metals such as germanium, which is understood to be hosted within sphalerite in the Ag-Zn-Pb mineralized zones. The Company will then evaluate the technical merits (including metallurgical characteristics), the environmental considerations, and the market opportunities for these mineralized zones at Nanisivik. The Nanisivik Mine produced 17.9 million tonnes of ore grading 9% Zn, 0.7% Pb, and 35 g/t Ag between 1976 and 2002, equivalent to approximately 3.55 billion pounds of zinc, 284 million pounds of lead, and 20.1 million ounces of silver, before low metal prices forced the mine into early closure leaving un-mined mineral resources. In addition to the historic mine production, geological studies have documented an extensive pyrite-rich mineralizing system associated with the Nanisivik district. Honey Badger Silver has also made significant exploration advances at Nanisivik since acquiring the project. During the Company's 2025 exploration program for example, ground electromagnetic surveys identified several new conductive targets at the Area 14 and Oceanview target areas, including multiple untested conductors interpreted to represent potential extensions of known silver-lead-zinc mineralization or even entirely new zones. Prospecting completed during the program returned grab samples grading up to 249 g/t silver and 51.5% zinc from the Area 14 target, further confirming the high-grade nature of mineralization outside the historically mined areas. Historical publications describing mining operations at Nanisivik indicate the presence of extensive massive pyrite mineralization within the South Boundary Zone and North Pyrite Zone. McNeil et al. (1993) reported a historical, non-compliant estimate ranging from 50 to 100 million tonnes of massive pyrite. The Company considers the estimate to be relevant as it highlights the potential for a large pyrite-bearing system at Nanisivik and supports the exploration rationale for evaluating the sulphur potential of the property. While the estimate was reported by authors familiar with mine operations and regional geology at the time, the reliability of the estimate is uncertain because the publication does not disclose sufficient information regarding the estimation methodology, assumptions, classification criteria, or supporting data necessary to evaluate the estimate under current CIM standards or NI 43-101 requirements. Verification and potential upgrading of the historical estimate would likely require review of available historical geological, sampling and drilling data, together with confirmatory drilling and sampling to validate the extent and continuity of the pyrite mineralization. A Qualified Person has not completed sufficient work to classify these historical figures as current mineral resources or mineral reserves, and the Company is not treating them as such. Recent Insider Transactions • Jun 12
Executive Chairman & CEO recently bought €47k worth of stock On the 5th of June, Chad Williams bought around 100k shares on-market at roughly €0.47 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €3.8m. Chad has been a buyer over the last 12 months, purchasing a net total of €167k worth in shares. お知らせ • May 28
Honey Badger Silver Initiates an Updated Economic Study on Its 100%-Owned PC Silver Mine, NWT, Canada Honey Badger Silver appointed JDS Energy & Mining to be the lead author of an updated Preliminary Economic Assessment and updated Mineral Resource Estimate on its Prairie Creek Mine, located in the Northwest Territories of Canada. Honey Badger Silver expects this Preliminary Economic Assessment and updated Mineral Resource Estimate to be completed in Third Quarter 2026. The PC Silver Mine is one of the world's highest-grade undeveloped silver-zinc-lead projects and benefits from substantial historical infrastructure and development work, including approximately 5 km of underground development, an existing mill and surface infrastructure, an airstrip, advanced permitting, agreements with Indigenous governments associated with the project area and transportation corridor, and a USD 25 million grant from the Government of Canada under the National Trade Corridor Fund. The last Mineral Resource Estimate was completed by Global Mineral Resources Services in October 2021, and outlined a measured and indicated resource of 9.8 million tonnes grading 139 g/t Ag, 9.7% Zn, and 8.8% Pb and an inferred resource of 6.4 million tonnes grading 150 g/t Ag, 12.9% Zn, and 6.7% Pb using a USD 20/oz silver price, a USD 1.15/lb zinc price and a USD 1.00/lb lead price. Current spot prices of the metals are USD 79/oz Ag, USD 1.60/lb Zinc and USD 0.91/lb lead. Along with JDS Mining, several well-known, experienced, and specialized consultants will be providing input to the study. Global Mineral Resource Services offers in-depth technical knowledge and experience to conduct the estimation of mineral resources and the evaluation of mineral deposits. Knight Piésold is an employee-owned global consulting firm specializing in services for the mining, power, and water sectors. Giffen Consulting Ltd. specializes in providing fit for purpose design and engineering services specializing in the utility, mining, and heavy industrial sectors with a focus on mineral processing, infrastructure design and construction. T Engineering is a Canadian engineering consulting company based in Toronto, Ontario. With expertise and operation experience in cemented rockfill, hydraulic fill, and cemented paste backfill, T Engineering provides all aspects of backfill engineering services around the world. The PC Silver Mine is a high-grade silver-zinc-lead brownfield redevelopment project located in the Northwest Territories, Canada. The project benefits from substantial historical investment and infrastructure, including underground development, an existing mill, an airstrip and advanced permitting. Honey Badger believes the project is strategically positioned to support growing North American demand for secure domestic supplies of silver, zinc, lead and potentially additional critical metals. お知らせ • May 16
Honey Badger Silver Inc. announced that it has received CAD 6.12036 million in funding Honey Badger Silver Inc announced a private placement to issue 8,500,500 common shares at an issue price of CAD 0.72 per share for gross proceeds of CAD 6,120,360 on May 1, 2026. The investor owned over the TSX Venture Exchange (representing approximately 5.5 per cent of the outstanding shares on a non-diluted basis). Prior to the acquisition of shares, investor beneficially owned 4,278,195 shares and 3,333,333 share purchase warrants, representing approximately 2.7% of the outstanding shares on a non-diluted basis and 4.8% of the outstanding shares on a partially diluted basis, assuming the exercise of such warrants. Assuming the conversion of the subscription receipts, investor will own 17,778,695 shares and 8,333,333 warrants, representing approximately 7.8 of the outstanding shares on a non-diluted basis and 11.1% of the outstanding shares on a non-diluted basis. The transaction will include participation from Eric Sprott. お知らせ • Apr 16
Honey Badger Silver Inc. announced that it has received CAD 10 million in funding On April 15, 2026, Honey Badger Silver Inc. closed the transaction. The company issued 71,875,000 Subscription Receipts at a price of CAD 0.16 for gross proceeds of CAD 11,500,000 including the full exercise of the agents' option. The company issued 62,500,000 Subscription Receipts for gross proceeds of CAD 10,000,000 as part of the offering and issued 9,375,000 Subscription Receipts for gross proceeds of CAD 1,500,000 as part of exercised overallotment option. In consideration for their services, the Agents are entitled to a cash commission equal to 6% (CAD 690,000) of the gross proceeds of the Offering and such number of compensation warrants equal to 6% of the number of Units issued under the offering, subject to a reduction to 3% in respect of sales to certain purchasers. Each compensation warrant will entitle the holder to acquire one Common Share at an exercise price of CAD 0.24 per Common Share for a period of two years from the closing of the Acquisition. The compensation warrants will be issued only if the Escrow Release Conditions are satisfied on or before the Escrow Release Deadline. Certain "insiders" of the Company subscribed for an aggregate of 7,256,250 Subscription Receipts in the Offering for aggregate gross proceeds to the Company of CAD 1,161,000. The securities issued pursuant to the Offering are subject to a statutory four-month hold period in accordance with applicable securities laws. お知らせ • Mar 20
Honey Badger Silver Inc. announced that it expects to receive CAD 10 million in funding Honey Badger Silver Inc. announces a brokered private placement Offering of up to 62,500,000 Subscription Receipts at a price of CAD 0.16 per Subscription Receipt for gross proceeds of up to CAD 10,000,000 on March 19, 2026. Each Subscription Receipt will automatically convert, without payment of additional consideration and without further action on the part of the holder thereof, into one unit of the Company. Each Unit will consist of one common share of the Company and one Common Share purchase warrant of the Company. The Company has granted the Agents an option exercisable up to 48 hours prior to the closing of the Offering, to increase the size of the Offering by up to 15%. The securities issued pursuant to the Offering will be subject to a statutory four-month hold period in accordance with applicable securities laws in Canada. Closing of the Offering is expected to occur on or about April 15, 2026 and remains subject to customary closing conditions, including receipt of all necessary approvals, including the approval of the TSXV.