Tier One Silver Inc.

As of June 16, 2022

Shares Issued:	139,530,923
Warrants* - Outstanding at $0.75 (Exp May 31, 2025):	13,736,026
Options - $1.00 (Exp April 8, 2026)	6,870,000
Options - $1.00 (Exp April 29, 2026)	200,000
Options - $1.44 (Exp June 22, 2026)	125,000
Shares Outstanding/Fully Diluted:	160,461,949

*Tier One has an additional obligation to issue up to 500,000 common shares upon the exercise of 337,813 common share purchase warrants of Fury Gold, which expire September 12, 2022. In that event, Tier One will receive cash proceeds of $0.20 per common share issued.

Capital Structure

As of June 16, 2022