NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATES Toronto, Ontario, July 16, 2024 – Silver Mountain Resources Inc. TSXV:AGMR | OTCQB:AGMRF | BVL:AGMR (“Silver Mountain” or the “Company“) is pleased to announce that Gerardo Fernandez has been elected as a director of the Company at the Company’s annual general meeting of shareholders, which was held on June 27, 2024 (the “Meeting”).  All of the Company’s other directors were also re-elected at the Meeting. Mr. Fernandez is an experienced mining executive with substantial business and operational ..read more

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATES   Toronto, Ontario, June 26, 2024 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) (TSXV: AGMR; OTCQB: AGMRF) today announces that it has filed an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects supporting the previously announced preliminary economic assessment for the Company’s 100% owned Reliquias Mine in central Peru.  The technical report entitled “NI 43-101 Technical Report: Prelimin ..read more

Key Highlights – Preliminary Economic Assessment (“PEA”)   Pre-Tax Net Present Value (“NPV”), C$107 million at 5% discount rate, and Pre-Tax Internal Rate of Return (“IRR”) of 57% After-Tax Net Present Value (“NPV”), C$85 million1 at 5% discount rate, and After-Tax Internal Rate of Return (“IRR”) of 51%. Construction time of 10 months Payback Period of 1.8 years Profitability ratio (Initial CAPEX/NPV) of 2.5 times Average annual metal production of 2.2 million ounces AgEq per year Initial CAPEX of US$24.8 million All-in Sustaining Cost (“AISC”) 2 of 17 US$/Oz AgEq Benefits from existin ..read more

TORONTO, ON – May 8, 2024 – Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) (“Silver Mountain” or the “Company“), is pleased to announce that the TSX Venture Exchange (the “TSXV“) has accepted for listing 87,638,928 common share purchase warrants of the Company (the “Warrants“) for trading on the TSXV. Such Warrants are being issued pursuant to a prospectus supplement (the “Supplement“) to the short form base shelf prospectus of the Company dated November 9, 2022, which Supplement was dated April 18, 2024 (the “Offering“). For more information about the Offering, please refer to th ..read more

TORONTO, ON – April 24, 2024 – Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) (“Silver Mountain” or the “Company“), is pleased to announce that it has completed its previously announced prospectus offering (the “Offering“) of units of the Company (the “Units“). The Offering was completed on a “best efforts” agency basis pursuant to an agency agreement (the “Agency Agreement“) dated April 18, 2024 among the Company and Eight Capital and SCP Resource Finance LP (together, the “Agents“). Pursuant to the Offering, the Company has issued an aggregate of 87,638,928 Units at a price of ..read more

TORONTO, ON – April 19, 2024 – Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) (“Silver Mountain” or the “Company“), is pleased to announce that it has upsized its previously announced public offering (the “Offering“) of units (the “Units“) to up to $9,000,035 from $7,502,000, at a price of $0.11 per Unit. If the Over-Allotment Option (as defined below) is exercised in full, the aggregate gross proceeds of the Offering will be approximately $10,350,040.   Each Unit is comprised of one class A common share in the capital of the Company (each a “Common Share“) and one Common Sha ..read more

TORONTO, ON – April 16, 2024 – Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) (“Silver Mountain” or the “Company”), is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and SCP Resource Finance LP, as joint bookrunners and co-lead agents (together, the “Agents”), will offer for sale up to 68,200,000 units of the Company (the “Units”) on a best efforts basis (the “Offering”), at an offering price of $0.11 per Unit, for aggregate gross proceeds of up to $7,502,000. The Offering will be conducted pursuant to an agency agreement to be entered in ..read more

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATES   Toronto, Ontario, March 19, 2024 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) (TSXV: AGMR; OTCQB: AGMRF) today announces that it has filed an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects supporting the updated mineral resource estimate for its 100% owned Reliquias project in central Peru.  The technical report entitled “NI 43-101 Technical Report: Mineral Resource Update, Reliquia ..read more

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATES Toronto, Ontario, February 28, 2024 – Silver Mountain Resources Inc. TSXV:AGMR | OTCQB:AGMRF | BVL:AGMR (“Silver Mountain” or the “Company“) announces that it has approved a grant of stock options (the “Stock Options“), pursuant to the terms of the Company’s omnibus equity incentive plan, to certain directors, officers and employees of the Company. A total of 7,400,000 Stock Options have been approved for issuance to such directors, officers and employees. The Stock Options will be exercisable at an e ..read more

Silver-equivalent ounces in Measured and Indicated categories increased by 100%   Silver-equivalent grade and tonnage in Measured and Indicated categories increased by 34% and 48%, respectively   Updated mineral resource estimate positions Reliquas project for PEA completion in Q1 2024 Measured and Indicated resource estimate of 1.275 Mt @ 4.34 oz/t Ag, 0.42 g/t Au, 3.14% Zn, 2.06% Pb, and 0.33% Cu   Additional Inferred resource estimate of 1.706 Mt @ 4.07 oz/t Ag, 0.43 g/t Au, 2.96% Zn, 1.84% Pb, and 0.28% Cu TORONTO, CANADA, February 07, 2024 – Silver Mountain Resources ..read more