HONEY BADGER ANNOUNCES CLOSING OF $2.25 MILLION NON-BROKERED PRIVATE PLACEMENT

Honey Badger Silver Inc. has successfully closed a $2.25 million non-brokered private placement, marking a significant capital raise for the TSXV-listed silver exploration company. The financing involved the issuance of units and was completed in January 2026, following initial announcements made in late December 2025.

The successful completion of this private placement provides Honey Badger with substantial working capital to advance its silver exploration activities. Non-brokered private placements are often viewed favorably as they demonstrate direct investor confidence in the company's prospects without the need for third-party intermediaries, potentially resulting in lower financing costs.

For the junior mining sector, this financing demonstrates continued investor appetite for silver-focused exploration companies, particularly as precious metals maintain their appeal in uncertain economic times. The $2.25 million raise positions Honey Badger to fund exploration programs and corporate activities through the current market cycle.

The timing of this financing in early 2026 suggests the company is positioning itself for an active exploration season ahead. With adequate funding secured, Honey Badger can now focus on executing its silver exploration strategy and potentially advancing its projects toward resource definition or development milestones.