Silver47 and Summa Silver Announce Upsize of Brokered Financing to C$6 Million

Vancouver, British Columbia–(Newsfile Corp. – June 3, 2025) – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47“) and Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (“Summa“) (together, the “Companies“) are pleased to announce that due to strong demand, the Companies have increased the size of its previously announced best efforts basis, brokered private placement offering to C$6,000,000 (the “Offering“), led by Research Capital Corporation (“RCC“), as co-lead agent and sole bookrunner, and together with Haywood Securities Inc., as co-lead agent, on behalf of a syndicate of agents, including Eventus Capital Corp. (collectively, the “Agents“). Pursuant to the upsize, the Offering consists of up to 24,000,000 subscription receipts of Summa (the “Subscription Receipts“) at a price of $0.25 per Subscription Receipt.