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Silver Hammer and Stroud Resources Announce up to C$10 Million Brokered Financing in Connection with Silver Frontier Transaction

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2026) - Silver Hammer Mining Corp. (CSE: HAMR), (the "Company" or "Silver Hammer") and Stroud Resources Ltd. (TSXV: SDR) ("Stroud") are pleased to announce that, in connection with the previously announced business combination transaction (the "Transaction") involving Silver Hammer, Stroud and SilverMark Resources Inc. ("SilverMark"), as described in the Company's news release dated July 20, 2026, the parties intend to conduct a brokered private placement (the "Offering") of subscription receipts of SilverMark (the "Subscription Receipts") at a price of C$0.26 per Subscription Receipt (the "Offering Price") for minimum gross proceeds of C$7,000,000 and maximum gross proceeds of C$10,000,000.