MARKET WIRE NEWS

$996,360 Private Placement Completed

Source: TheNewsWire

(TheNewswire)

November 18, 2025 – TheNewswire - Victoria, BC—Silver Grail ResourcesLtd. (“Silver Grail” or“the Company”) (“SVG”-TSX-V) announcesthat it has completed a non-brokered private placement of 4,332,000Units at $0.23 per Unit, each Unit consisting of a share and a warrantentitling the subscriber to purchase (with a full warrant) anothershare at a price of $0.33 for two years from closing. All securities issued pursuant to the private placement aresubject to a statutory four-month hold period. The private placementwas conditionally approved by the TSX-V on November 12, 2025 subjectto satisfactory closing. There are no finder’sfees or other commissions associated with the transaction. The proceeds of the financing will be used toexplore the Company’s properties in the Golden Triangle region ofnorthwestern British Columbia and for general working capital.

Mr. Eric Sprott through 2176423 Ontario Ltd., acorporation which is beneficially owned by him, acquired 2,500,000Units for total consideration of $575,000.

Prior to the Private Placement, Mr. Sprott beneficiallyowned or controlled 2,500,000 common shares ofthe Company representing approximately 6.4% of the outstanding commonshares of the Company on a non-diluted basis.

As a result of the Private Placement, Mr. Sprott nowbeneficially owns or controls 5,000,000 common shares and 2,500,000common share purchase warrants of the Company representingapproximately 11.4% on a non-diluted basis and 16.2% on a fullydiluted basis assuming the exercise of such Warrants.

The securities are held for investment purposes. Mr.Sprott has a long-term view of the investment and may acquireadditional securities including on the open market or through privateacquisitions or sell the securities including on the open market orthrough private dispositions in the future depending on marketconditions, reformulation of plans and/or other relevantfactors.

A copy of the early warning report with respect to theforegoing will appear on Silver Grail’s profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott’s office at(416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106,Toronto Ontario M5C 3C5).

Barry Holmes, Director of Silver Grail, acquired300,000 units of the private placement for total consideration of$69,000.

Mr. Sprott and Mr. Holmes are both insiders of thecompany and as such, their participation in connection with theprivate placement is a related-party transaction under the policies ofthe TSX Venture Exchange and Multilateral Instrument 61-101 --Protection of Minority Security Holders in Special Transactions. Thecompany is relying on exemptions from the minority shareholderapproval and formal valuation requirements applicable to therelated- party transactions under sections 5.5(a)and 5.7(1)(a), respectively, of MI 61-101, as neither the fair marketvalue of the shares to be purchased on behalf of Mr. Sprott and Mr.Holmes, nor the consideration to be paid by them exceeds 25 per centof the company's market capitalization.

About Silver Grail

Silver Grail Resources Ltd. is ajunior exploration company with a large portfolio of properties in thesouthern portion of the Golden Triangle region of British Columbia. Its legacy properties, some more than thirty years old, form largeislands within the extensive claim holdings of Goliath Resources inthis region.  During the 2025 field season, Silver Grail participatedin a drill program on its Ram property, jointly owned with TeutonResources Corp.  Complete results from the drill program are expectedbefore the end of 2025.

ON BEHALF OF THE BOARD OF DIRECTORSOF SILVER GRAIL RESOURCES LTD.

"Dino Cremonese"

Dino Cremonese, P. Eng.,

President and Chief ExecutiveOfficer

For further information, please visit theCompany's website at www.silvergrail.com or contact:

Barry Holmes

Director Corporate Development andCommunications

Tel. 778-430-5680

Email: bholmesmba@gmail.com

Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

Cautionary Statements regardingForward-Looking information

Certain statements contained in this press releaseconstitute forward-looking information. These statements relate tofuture events or future performance. The use of any of the words"could", "intend", "expect","believe", "will", "projected","estimated" and similar expressions and statements relatingto matters that are not historical facts are intended to identifyforward-looking information and are based on the Company'scurrent belief or assumptions as to the outcome and timing of suchfuture events. Actual future results may differ materially.

All statements relating to future plans, objectives orexpectations of the Company are forward-looking statements thatinvolve various risks and uncertainties. There can be no assurancethat such statements will prove to be accurate and actual results andfuture events could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company's plans or expectationsinclude risks relating to the actual results of current explorationactivities, fluctuating gold prices, possibility of equipmentbreakdowns and delays, exploration cost overruns, availability ofcapital and financing, general economic, market or businessconditions, regulatory changes, timeliness of government or regulatoryapprovals and other risks detailed herein and from time to time in thefilings made by the Company with securitiesregulators. The Company expressly disclaims any intention orobligation to update or revise any forward-looking statements whetheras a result of new information, future events or otherwise except asotherwise required by applicable securities legislation.

The Company expressly disclaims any intention orobligation to update or revise any forward-looking statements whetheras a result of new information, future events or otherwise except asotherwise required by applicable securities legislation.

Copyright (c) 2025 TheNewswire - All rights reserved.

Silver Grail Resources Ltd.

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SVG:CC Latest News

November 18, 2025 04:20:00 pm
$996,360 Private Placement Completed
October 17, 2025 07:30:00 am
Private Placement Upsized

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