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Blackrock Silver Announces Grant of Deferred Share Units

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Blackrock Silver (OTCQX: BKRRF) granted 56,736 deferred share units (DSUs) to recently appointed directors under its Omnibus Equity Incentive Compensation Plan. Each DSU converts to one common share on settlement. The DSUs vest in full on April 2, 2027 and will settle upon a holder's termination of service.

For Plan details, consult the management information circular dated November 21, 2025, available on SEDAR+ and the company's website.

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Vancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) (the "Company" or "Blackrock") announces that it has granted an aggregate total of 56,736 deferred share units ("DSUs") to certain recently appointed directors of the Company pursuant to the Company's Omnibus Equity Incentive Compensation Plan (the "Plan").

Each DSU entitles the recipient to receive one common share of the Company upon settlement of the DSU. The DSUs awarded will fully vest on the first anniversary of the date of grant date, being April 2, 2027, and will settle on the DSU holder's termination of service with the Company.

For further information regarding the Plan, readers are encouraged to review the management information circular (the "Circular") prepared for the Company's annual general meeting of shareholders held on November 21, 2025, which includes a summary of the material terms of the Plan. The Circular is available under the Company's profile on SEDAR+ (www.sedarplus.ca) and by visiting the Company's website (www.blackrocksilver.com).

About Blackrock Silver Corp.

Blackrock Silver Corp. is an American-focused emerging primary silver developer systematically advancing the high-grade Tonopah West Project, situated in the historic "Queen of the Silver Camps" in a jurisdiction consistently ranked as one of the top mining regions globally. The Company is backstopped by a veteran board and technical team with a proven track record of discovering, financing, and building major precious metal mines in Nevada and globally. Blackrock is committed to establishing a secure, high-margin, domestic supply of silver and gold.

Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.

For further information, please contact:

Andrew Pollard, President & Chief Executive Officer
Blackrock Silver Corp.
Phone: 604 817-6044
Email: info@blackrocksilver.com

Sean Thompson, Head of Investor Relations
Blackrock Silver Corp.
Email: sean@blackrocksilver.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290973

FAQ

How many DSUs did Blackrock Silver (BKRRF) grant on April 2, 2026?

Blackrock Silver granted 56,736 DSUs to recently appointed directors. According to the company, each DSU entitles the holder to one common share upon settlement and the award was made under the Omnibus Equity Incentive Compensation Plan.

When do the Blackrock Silver (BKRRF) DSUs vest and when will they settle?

The DSUs fully vest on April 2, 2027 and will settle upon a holder's termination of service. According to the company, settlement converts each DSU into one common share under plan terms.

What does one DSU from Blackrock Silver (BKRRF) represent for shareholders?

One DSU represents the right to receive one common share upon settlement. According to the company, DSUs are granted under the Plan and convert to common shares when the DSU holder leaves service.

Where can investors find Blackrock Silver (BKRRF) plan details for the DSU grant?

Plan terms and material details are in the management information circular dated November 21, 2025. According to the company, the Circular is available on SEDAR+ and on the company's website.

Will the April 2, 2026 DSU grant to Blackrock Silver (BKRRF) directors cause immediate dilution?

The DSUs do not immediately dilute the share count because they settle on termination of service. According to the company, conversion occurs later when DSUs are settled as common shares under the Plan.
Blackrock Silver Corp

OTC:BKRRF

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