Honey Badger Silver Inc. announced that it expects to receive CAD 1.2562 million in funding
months from the date of closing. Each FT unit will consist of one common share and one half of one common share purchase warrant. Each whole warrant entitling the holder to acquire one common share at a price of CAD 0.18 for a period of 36 months from the date of closing. The transaction may include participation from Chad Williams, Non-Executive Chairman of the company, for 3,333,334 HD units for CAD 500,000 and insiders. The closing of the transaction is expected to occur on or before April 12, 2023 and is subject to the completion of formal documentation and receipt of all applicable regulatory approvals, including the approval of the TSX Venture Exchange. The common shares, warrants and any common shares issued on the exercise of warrants sold in the transaction will be subject to a four month hold period from the closing of the transaction under applicable Canadian securities laws. The company may pay finder's fees to arm's length finders in connection with the transaction.