VANCOUVER, BC – April 26, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by PI Financial Corp. and Cormark Securities Inc., pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 7,143,000 common shares of the Company (“Shares”) at a price of C$2.10 per Share for aggregate gross proceeds to the Company of C$15.0 million (the “Offering”).