Honey Badger Silver Inc. provided an update with respect to the proposed acquisition by the Company of the 100% interest in the Cachinal De La Sierra Silver-Gold Project Cachinal Project or Cachinal and the acquisition of the Cachinal Project by the Company is referred to as the Transaction) from Aftermath Silver Ltd. (Aftermath). The execution by the parties of a definitive agreement in respect of the proposed Transaction was announced by the Company on February 15, 2023.