Vancouver, British Columbia--(Newsfile Corp. - September 17, 2024) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQX: AAGFF) (the "Company" or "Aftermath") is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of up to 14,285,714 (the "Units") to be sold at a price of $0.35 per Unit for total gross proceeds of up to $5,000,000.

Each Unit will be comprised of one common share in the capital of the Company (each, a "Common Share") and one-half of one transferable Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable by the holder thereof to acquire one additional Common Share (a "Warrant Share") for a period of 24 months from the date of issuance at a price of $0.45 per Warrant Share.

The Company intends to use the net proceeds to for geological, metallurgical and engineering studies at the Company's Berenguela Silver-Copper-Manganese project in southern Peru ("Berenguela"), and for general working capital purposes.
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