Announcement • Apr 17
BP Silver Corp. announced that it has received CAD 10.018067 million in funding On April 15, 2026, BP Silver Corp. closed the transaction. The company issued 635,000 units at a price of CAD 1 per unit for gross proceeds of CAD 635,000 in its third and final tranche. Including the first and second tranches, the company has raised aggregate gross proceeds of CAD 10,018,067 under the Offering. In connection with the Final Tranche, the Company paid finder’s fees of CAD 24,000 and issued 24,000 non-transferable finder’s warrants to eligible parties, where applicable, in accordance with applicable securities laws and exchange policies. Under the entire Offering, the Company paid arm’s length finders total finder’s fees of CAD 208,920 and issued 208,920 non-transferable Finder’s Warrants. Each Finder’s Warrant is exercisable at a price of CAD 1.30 per Common Share for a period of two years from the date of issue. Under the first tranche of the Offering (the “Initial Tranche”), Rob McMorran, a director of the Company subscribed for 50,000 Units, contributing CAD 50,000 to the Initial Tranche. The company also announces that it has granted 2,468,600 stock options to certain directors, officers, employees and advisers of the company in accordance with its stock option plan. The options are exercisable at a price of CAD 1.10 per share for a period of five years from the date of grant. Announcement • Mar 18
BP Silver Corp. announced that it expects to receive CAD 8 million in funding BP Silver Corp. announced a non-brokered private placement financing of 8,000,000 units at a price of CAD 1.00 per Unit for gross proceeds of CAD 8,000,000 on March 17, 2026. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share at a price of CAD 1.30 per Warrant Share for a period of two years from the date of issuance. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Closing of the Offering remains subject to receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange (the "Exchange"). The Offering may close in one or more tranches as subscriptions are received. The Company may pay finders' fees in cash and or nontransferable Warrants on a portion of the Offering in accordance with the policies of the Exchange. New Risk • Mar 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.0m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (over 13x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Significant insider selling over the past 3 months (CA$110k sold). Market cap is less than US$100m (CA$63.6m market cap, or US$46.6m). 
