Victoria, British Columbia, Canada. Silver Grail Resources Ltd. (“Silver Grail” or “the Company”) (“SVG”-TSX-V) reports that due to strong demand it intends to upsize the non-brokered private placement announced by way of a news release on Oct. 2, 2025 to 5,000,000 units (“Units”) at a price of $0.23 per Unit for gross proceeds of up to $1,150,000 (the “Upsized Offering”), subject to the approval of the TSX Venture Exchange. Each Unit will consist of one common share (“Common Share”) and a Common Share purchase warrant (“Warrant”); each Warrant is exercisable into one Common Share at a price of $0.33 for a period of two years from closing.

There are no finder’s fees or other commissions associated with the transaction. All securities issued in connection with the Upsized Offering will be subject to a four-month hold period from the date of closing. The proceeds of the financing will be used to pay for 2025 exploration of the Ram property as well as further exploration of the Company’s other mineral properties in the Golden Triangle and also for general corporate purposes.

It is anticipated that certain insiders of the Company will participate in the Upsized Offering. The participation of any insiders may be considered a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Such insider participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a), 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on any of the specified exchanges or markets outlined in subsection 5.5(b) of MI 61-101, and the fair market value of the Securities to be distributed to the insiders will not exceed 25% of the Company’s market capitalization.

About Silver Grail

Silver Grail Resources Ltd. is a junior exploration company with a large portfolio of properties in the southern portion of the Golden Triangle region of British Columbia. Its legacy properties, some more than thirty years old, form large islands within the extensive claim holdings of Goliath Resources in this area.

ON BEHALF OF THE BOARD OF DIRECTORS OF SILVER GRAIL RESOURCES LTD.

“Dino Cremonese”
Dino Cremonese, P. Eng.,
President and Chief Executive Officer

For further information, please visit the Company’s website at www.silvergrail.com or contact:

Barry Holmes
Director Corporate Development and Communications
Tel. 778-430-5680
Email: bholmesmba@gmail.com