Silver Viper Minerals Corp. announced a non-brokered private placement of up to 45,454,546 units at a price of CAD 0.11 per unit for the gross proceeds of up to CAD 5,000,000.06 on November 30, 2023. Each unit will consist of one common share of the company and one warrant, each warrant entitling the holder thereof to acquire one share from the company at a price of CAD 0.20 per share for a period of 24 months from its date of issuance.

The securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. 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 Offering is anticipated to close in a series of tranches, with the first tranche on or about December 20, 2023, 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.