Silver Storm Announces Grant of Incentive Stock Options

TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) announces that, pursuant to its 2020 Amended and Restated Incentive Stock Option Plan (the “Plan”), it has granted stock options of the Company (“Options”) to certain directors, officers, employees and consultants of the Company, to purchase an aggregate of 37,000,000 common shares of the Company at the price of $0.25 per share for a period of five years from date of grant. The Options all vest immediately. The Options granted are under and subject to the terms and conditions of the Plan and subject to the rules and policies of the TSX Venture Exchange (the “Exchange”). This stock option grant is subject to acceptance by the Exchange.

About Silver Storm Mining Ltd.

Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm is committed to restarting operations at its 100% owned La Parrilla Silver Mine Complex, a prolific operation comprised of a 2,000 tpd mill and three underground mines.  La Parrilla historically produced 34.3 million silver-equivalent ounces between 2005 and 2019. The Company also holds a 100% interest in the San Diego Project, which is among the largest undeveloped silver assets in Mexico. For more information regarding the Company and its projects, please visit our website at www.silverstorm.ca.

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