Silver Viper Minerals Corp. announced a non-brokered private placement financing to issue 40,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 400,000 on April 4, 2024. Each Unit will consist of one common share and one-half of one common share purchase warrant.

Each Warrant will entitle the holder to purchase an additional Share at a price of CAD 0.15 per Share for a period of thirty-six months from its date of issue. The Company may pay a finder's fee in respect of those purchasers under the Offering introduced to the Company by certain persons. Each Finder will receive a cash payment equal to 6% of the gross proceeds received by the Company from purchasers under the Offering who were introduced to the Company by such Finder.

The transaction is subject to regulatory requirements. The Offering is anticipated to close in a series of tranches, with the first tranche on or about April 12, 2024, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws.