Dolly Varden Silver Corporation

Dolly Varden Silver Corporation Pure Silver Secured in a Safe Jurisdiction

🇨🇦TSXV: DV | 🇺🇸NYSE-A: DVS | 🇩🇪FSE: DVQ

03/11/2026

At PDAC 2026, Shawn Khunkhun spoke with Kitco Mining about Dolly Varden Silver’s Kitsault Valley Project in BC’s Golden Triangle and the company’s proposed merger with Contango ORE.

Highlights discussed include:
• 64 Moz Ag @ ~300 g/t and ~1 Moz Au in the current Kitsault Valley mineral resource
• ~200,000 m of drilling completed across a 100,000-hectare land package
• Recent drill intercept of 1,400 g/t Ag over 20 m at the Wolf Vein
• Updated mineral resource estimate expected in May 2026

Watch the full interview: https://youtu.be/MkYXCQRTqfo?si=ujUjig4TEOTLan6r

TSXV: DV | NYSE-A: DVS | FSE: DVQ

03/09/2026

Silver prices have surged, but the real opportunity may be ahead in the mining equities.

In a new interview with Dolly Varden Silver’s President & CEO, Shawn Khunkhun, hosted by Jay Martin, Shawn discusses the structural forces driving the precious metals market and why he believes 2026 could be the year mining stocks finally catch up to the metal price rally.

He also outlines the evolution of Dolly Varden Silver — from a $20M exploration company to a growing precious metals producer following its proposed merger with Contango ORE — positioning the combined company to generate cash flow while advancing high-grade projects across Alaska and British Columbia.

Watch the full interview: https://youtu.be/t8LiWzlee6Q?si=7Z3lLbt4N9GYhXyl

TSXV: DV | NYSE-A: DVS | FSE: DVQ

This week, our team attended PDAC 2026 in Toronto, Canada. At booth #3123, we showcased core from the Dolly Varden Silv...
03/05/2026

This week, our team attended PDAC 2026 in Toronto, Canada.

At booth #3123, we showcased core from the Dolly Varden Silver’s Kitsault Valley Project alongside core from Contango ORE’s Johnson Tract Project, highlighting the geological strength behind the proposed merger of the two companies.

The conference also provided an excellent opportunity to meet with investors through the Precious Metals 1x1 meeting program and connect with shareholders and new investors throughout the week.

Thank you to everyone who stopped by the booth and spent time with our team!

TSXV: DV | NYSE-A: DVS | FSE: DVQ

On March 1–4, the Dolly Varden Silver team will be attending PDAC 2026 in Toronto, Ontario, at the Metro Toronto Convent...
02/27/2026

On March 1–4, the Dolly Varden Silver team will be attending PDAC 2026 in Toronto, Ontario, at the Metro Toronto Convention Centre (MTCC).

Stop by Booth #3123 for an update on our latest drill results and the proposed merger with Contango ORE.

We look forward to connecting in Toronto.

TSXV: DV | NYSE-A: DVS | FSE: DVQ

My Response to the Naysayers by Shawn KhunkhunAll directors, officers, and significant shareholders of Contango ORE and ...
02/23/2026

My Response to the Naysayers by Shawn Khunkhun

All directors, officers, and significant shareholders of Contango ORE and Dolly Varden Silver, representing ~22% of the vote, have signed voting support agreements in favour of the proposed merger.

Dolly Varden Silver began as a high-grade silver explorer. Over six years of drilling, we also identified significant high-grade gold, evolving into a balanced silver-gold company with roughly a 50/50 metal value mix.

Some investors prefer a pure silver model. We respect that view. However, history shows that successful silver companies have used gold cash flow to advance large silver assets.

The free cash flow from Manh Choh is expected to help unlock the full value of the Kitsault Valley silver district. With silver prices breaking out and an updated 2026 MRE projecting ~50% growth in silver inventory, this merger positions Dolly Varden for long-term value creation.

TSXV: DV | NYSE-A: DVS | FSE: DVQ

A Complementary Portfolio of AssetsSuccessful mergers are built on strong integration, clear synergies, and cultural ali...
02/20/2026

A Complementary Portfolio of Assets

Successful mergers are built on strong integration, clear synergies, and cultural alignment. Scale alone is not enough. Long-term value comes from complementary assets, teams, and strategy.

After extensive discussions and due diligence with Rick Van Nieuwenhuyse, CEO of Contango ORE, we recognized the strong fit between the Contango’s and Dolly Varden Silver’s North American asset portfolios.

The combined portfolio spans the full mine life cycle.

Contango’s Manh Choh is a producing gold mine, generating cash flow in Alaska. Lucky Shot is at the advanced exploration / development stage, fully permitted with underground development completed and active drilling underway toward a restart decision. Johnson Tract is an advanced development-stage critical metals project, supported by a completed PEA, FAST-41 designation, and ongoing permitting and infrastructure planning.

Dolly Varden Silver’s Kitsault Valley project is at the advanced exploration stage, with a large, high-grade silver-gold resource and continued drilling ahead of a resource update.

Together, the combined company creates a diversified, multi-asset silver and gold platform operating exclusively in the safe jurisdictions of the United States and Canada.

TSXV: DV | NYSE-A: DVS | FSE: DVQ

February 13, 2026 — Dolly Varden Silver reaches two key milestones in its proposed arrangement with Contango ORE, Inc., ...
02/14/2026

February 13, 2026 — Dolly Varden Silver reaches two key milestones in its proposed arrangement with Contango ORE, Inc., filing its special meeting circular on SEDAR+ and receiving an interim order from the Supreme Court of British Columbia.

Under the terms of the arrangement, shareholders will receive 0.1652 of a Contango voting common share for each Dolly Varden share held. Eligible Canadian shareholders may elect to receive exchangeable shares in a Canadian subsidiary of Contango, subject to the mechanics outlined in the circular.

The special meeting is set for March 17, 2026, at 10:00 a.m. (Vancouver time). Shareholders are encouraged to vote well ahead of the proxy deadline on March 13, 2026.

The board of directors unanimously recommends a vote FOR the arrangement resolution, with voting support agreements in place representing approximately 22% of outstanding shares.

For questions or voting assistance, contact Laurel Hill Advisory Group at 1-877-452-7184 or [email protected]. Read the full news release: https://dollyvardensilver.com/dolly-varden-silver-announces-filing-of-special-meeting-circular-and-receipt-of-interim-order-in-respect-of-previously-announced-arrangement-with-contango-ore/?utm_source=facebook&utm_medium=post&utm_campaign=information_circular

TSXV: DV | NYSE-A: DVS | FSE: DVQ

Team synergies matter, especially in a merger.In the proposed combination of Dolly Varden Silver and Contango ORE, leade...
02/12/2026

Team synergies matter, especially in a merger.

In the proposed combination of Dolly Varden Silver and Contango ORE, leadership isn’t being consolidated, it’s being strengthened.

Following the merger, Rick Van Nieuwenhuyse will serve as CEO, while Shawn Khunkhun becomes President. Both remain fully engaged.

The rationale is straightforward: Dolly Varden Silver has built value through discovery and accretive acquisitions. The next phase —development and production — requires a different skill set. Rick brings decades of operating, capital allocation, and stakeholder experience in Alaska, including leadership roles at NOVAGOLD and Trilogy Metals, and a track record of building Contango into a low-cost gold producer.

Meanwhile, Shawn continues to focus on exploration oversight, capital markets, and investor engagement, bridging two largely distinct shareholder bases and expanding awareness of the combined silver-gold opportunity.

This is not about titles.

It’s about putting the right people in the right roles to unlock long-term value.

More on the combined asset portfolio to come.

TSXV: DV | NYSE-A: DVS | FSE: DVQ

02/11/2026

Shawn Khunkhun, President & CEO of Dolly Varden Silver, discusses the current silver market and the disconnect between metal prices and mining equities in his recent interview with Jesse Day.

He also provides an update on Dolly Varden Silver, including the proposed merger with Contango ORE, recent drill results from the Wolf Vein, and near-term priorities for the company.

Watch now: https://youtu.be/uzNKoJItkoQ?si=QLntX6TmeoWeiXSm

TSXV: DV | NYSE-A: DVS | FSE: DVQ

Over the past month, the Dolly Varden Silver team was on the ground across Vancouver, attending four major investment co...
02/10/2026

Over the past month, the Dolly Varden Silver team was on the ground across Vancouver, attending four major investment conferences — Metals Investor Forum, Vancouver Resource Investment Conference, AME Roundup, and the World Outlook Financial Conference.

Through stage presentations and hundreds of one-on-one conversations, we connected directly with investors, industry peers, and thought leaders and spent a lot of time discussing the proposed merger with Contango ORE and what it means for scale, growth, and building a stronger North American high-grade, mid-tier silver & gold producer and developer.

TSXV: DV | NYSE-A: DVS | FSE: DVQ

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3123/595 Burrard Street, Three Bentall Centre
Vancouver, BC
V7X1J1

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