Blende Silver Closes Tranche One of Private Placement for Proceeds of $1,142,500

Blende Silver Corp. announces it has closed tranche one of the non-brokered private placement announced August 20, 2026. $422,500 was raised with the issuance of 1,690,000 Flow-Through units at a price of $0.25 and $720,000 was raised with the issuance of 3,600,000 Non Flow-Through units at a price of $0.20. All units consist of one common share and one share purchase warrant exercisable at $0.30 per share to September 16, 2028. All warrants are Non-Flow-Through. The proceeds from the private placement will be used to advance the Blende property and for general working capital. The private placement is subject to TSX Venture Exchange approval and all securities will be subject to a four month and one day hold period expiring January 17, 2027. Finder’s fees consisting of $75,600, 252,000 finder warrants exercisable at $0.20 and 100,800 finders warrants exercisable at $0.25 to September 16, 2028 were issued in connection with tranche one the private placement, in accordance with the policies of the TSX Venture Exchange. The private placement remains open.

About Blende Silver Corp. Blende Silver Corp. is a Vancouver-based junior resource company focused on silver-zinc-lead exploration and development at its flagship Blende Project in north-central Yukon. The 100%-owned property hosts a carbonate-hosted Ag-Zn-Pb mineral resource that has been described in published literature as the largest of its type in Yukon (M. Robinson and C.I. Godwin, Economic Geology, 1995). That characterization is based on information available as at the date of that publication and has not been independently verified or updated by the Company. The property covers 5,345 hectares, is winter road accessible, and is located approximately 63 km northeast of Keno Hill, Yukon. The Blende property lies within the Keno Hill silver district, one of Canada’s highest-grade historic silver producing districts, currently being advanced by Hecla Mining Company. Mineralization at Keno Hill and on other properties near the Project is not necessarily indicative of mineralization on the Project. The property has undergone more than $9.2 million in past exploration ($5.2 million by Blende Silver), including 25,195 meters of drilling in 132 drill holes. The historical expenditure and drilling figures are derived from historical records that the Company has not independently verified, a Qualified Person has not done sufficient work to verify them, and they should not be relied upon. A review of historical and recent data has identified areas to the west, north, and east-southeast of the currently defined zones that the Company considers prospective for follow-up exploration.