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Summa Silver Corp. operates as a resource development company focused on gold and silver, specializing in the identification, exploration, and assessment of mineral assets across the United States. Its holdings include complete ownership of the 5,504-acre Hughes property, located in central Nevada. Furthermore, the company possesses an option agreement to fully acquire the Mogollon Property, which is situated in New Mexico. Established in 2018, the firm was initially known as Pinnacle North Gold Corp. until it adopted the Summa Silver Corp. name in April 2020. The company's corporate headquarters are based in Vancouver, Canada.

Exchanged for Securities of Silver47 Exploration Corp. Pursuant to the Plan of Arrangement Toronto, Ontario--(Newsfile Corp. - August 1, 2025) - Eric Sprott announces that, on August 1, 2025, 2176423 Ontario Ltd. (a corporation beneficially owned by him) acquired 10,383,434 common shares of Silver47 Exploration Corp., (Silver47 Shares) and 1,525,000 Silver47 Share purchase warrants (Silver47 Warrants) upon the closing a statutory plan of arrangement (Arrangement), pursuant to which Silver47 Exploration acquired all the outstanding common shares of Summa Silver Corp (Summa Silver Shares).

Exchanged for Securities of Silver47 Exploration Corp. Pursuant to the Plan of Arrangement Toronto, Ontario--(Newsfile Corp. - August 1, 2025) - Eric Sprott announces that, on August 1, 2025, 2176423 Ontario Ltd. (a corporation beneficially owned by him) acquired 10,383,434 common shares of Silver47 Exploration Corp., (Silver47 Shares) and 1,525,000 Silver47 Share purchase warrants (Silver47 Warrants) upon the closing a statutory plan of arrangement (Arrangement), pursuant to which Silver47 Exploration acquired all the outstanding common shares of Summa Silver Corp (Summa Silver Shares).

Vancouver, British Columbia--(Newsfile Corp. - August 1, 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 the completion of their previously announced at-market merger (the "Transaction") by way of a court-approved plan of arrangement (the "Arrangement"). The combined company (the "Combined Company") will continue under the name "Silver47 Exploration Corp.".

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) ("Summa" or the "Company") is pleased to announce that at the special meeting (the "Meeting") of shareholders of the Company (the "Shareholders") held on July 24, 2025, the Shareholders overwhelmingly voted to approve the previously announced plan of arrangement under the Business Corporations Act (British Columbia) pursuant to which Silver47 Exploration Corp. will acquire (the "Transaction") all of the issued and outstanding common shares of the Company (the "Shares"). The Transaction required approval by the affirmative vote of at least two thirds of the votes cast by Shareholders.

Vancouver, British Columbia--(Newsfile Corp. - June 17, 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 the closing of the previously announced brokered offering ("Offering") of subscription receipts of Summa (the "Subscription Receipts") at a price of $0.25 per Subscription Receipt for aggregate gross proceeds of $6,900,000, including the full exercise of the over-allotment option. The Offering was 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").