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ABRASILVER ANNOUNCES CLOSING OF BOUGHT DEAL LIFE OFFERING

Newswire.ca - Wed Oct 22, 2025

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TORONTO, Oct. 22, 2025 /CNW/ - AbraSilver Resource Corp. (TSX: ABRA) ("AbraSilver" or the "Company") is pleased to announce the successful closing of its previously announced bought deal private placement, pursuant to the listed issuer financing exemption (the "Offering"), of 6,513,000 common shares of the Company (the "Common Shares") at a price of $7.10 per Common Share (the "Issue Price") for aggregate gross proceeds of $46,242,300. This total includes the partial exercise of the underwriters' option and included participation from a corporation beneficially owned by Mr. Eric Sprott.

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