Blende Silver Corp. announced a non-brokered private placement of up to 30,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 1,500,000 on April 26, 2022. Each unit consists of one common share and one common share purchase warrant.

Each warrant can be exercised to acquire one common share at a price of CAD 0.10 per share for a period of four years from the date of closing. The securities are being subject to four months hold period. Finder's fees may be payable in connection with the transaction.

The transaction is subject to approval from TSX Venture Exchange.