On July 10, 2024, Kootenay Silver Inc. (“Kootenay Silver”) announced that it had established an “at-the-market” equity distribution program (the “ATM Program”). The ATM Program allows Kootenay Silver to issue and sell, at its discretion, common shares in the capital of Kootenay Silver (“Common Shares”) that would have the aggregate sales amount of up to $5,000,000, to the public from time to time through Research Capital Corporation, acting as agent. All Common Shares sold under the ATM Program will be sold at the prevailing market price at the time of the sale, directly through the TSX Venture Exchange or any other recognized marketplace upon which the Common Shares are listed, quoted or otherwise traded in Canada.

The offering under the ATM Program is qualified by a prospectus supplement dated July 4, 2024 to Kootenay Silver’s final short form base shelf prospectus filed in all of the provinces and territories of Canada, dated March 27, 2024.

Kootenay Silver is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay Silver continues to provide its shareholders with significant leverage to silver prices. Kootenay Silver remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.

Further details regarding Kootenay Silver and the ATM Program can be found on Kootenay Silver’s website. Kootenay Silver trades under the symbol “KTN” on the TSX Venture Exchange.