ABOUT SILVER MOUNTAIN RESOURCES

99.99% owned asset in the historic mining district of Castrovirreyna, Peru

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Important scale up opportunities

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Historic silver mining district in Huancavelica, Peru

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Easy to demonstrate a new gold discovery

Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain.

Low-Capex operation plan with expedited re-start process

On the other hand, we denounce with righteous indignation and dislike men who are so beguiled.

2,000tpd concentrator plant | operations not constrained by tailings dam capacity

On the other hand, we denounce with righteous indignation and dislike men who are so beguiled.

TSX Venture 50

AgMR is pleased to announce that it has been included in the 2026 TSX Venture 50™, the TSX Venture Exchange’s annual ranking of the top-performing companies over the past year.

The TSX Venture 50™ recognizes top performers based on three equally weighted metrics: one-year share price appreciation, market capitalization growth, and Canadian consolidated trading value.

HUANCAVELICA REGION

Silver Mountain Resources focuses on identifying large mineralized systems in Huancavelica Peru, with the potential for hosting significant, high-grade mineral deposits in recognized veins and breccias in proximity to existing UG mines and infrastructure. At an elevation over 4,700 masl, the historical silver mining district of Huancavelica is located about 149 miles (240 kilometers) southeast of Lima, in the inter-Andean Huancavelica river basin (3,676 masl.).

BOARD MEMBERS

Jose
Vizquerra

CHAIRMAN

SEE BIO

Former President & CEO at O3 Mining. Former Exec. VP of Strategic Development for Osisko Mining. Former Head of BD for Cia. de Minas Buenaventura. Former Production and exploration geologist at the Red Lake Gold Mine. Qualified Person pursuant to NI 43-101.

Juan Carlos
Ortiz

DIRECTOR

SEE BIO

+25 years of professional experience as a mining engineer. Currently serves as VP of Operations at Compañía de Minas Buenaventura. He has been elected to serve as President of the Instituto de Ingenieros de Minas del Perú (IIMP) for the 2026–2028 term. His professional background includes multiple technical and leadership roles at well-established mining companies such as Volcan Compañía Minera and Nexa Resources. Holds a master’s degree in Mineral Engineering Management from Penn State University.

Tim
Loftsgard

DIRECTOR

SEE BIO

+20 years of experience in investment banking. He has advised on numerous transactions including equity and debt financing. Former Senior managing director at RBC Capital on the mining and metals team. Currently serves as a Partner at Fort Capital.

Johnny Decooman

INDEPENDENT DIRECTOR

SEE BIO

+30 years of executive leadership and director experience relating to corporate strategy, finance, metals concentrates sales, capital markets, M&A and divestitures in the minerals and mining sector. Leadership and start-up roles with public and private companies including SSR Mining, Echo Bay Mines and Sweetwater Royalties. Holds a master’s degree in Science, Mineral Economics from the Colorado School of Mines.

Gerardo Fernandez

INDEPENDENT DIRECTOR

SEE BIO

Broad experience in several leadership positions in operations, strategic planning and project development. Mr. Fernandez is currently the Chief Development Officer of Allied Gold Corporation and acts as a strategic advisor to Adventus Mining Corporation. Holds an MBA and degrees in Civil Mining Engineering and BSc. Engineering from the University of Chile.

MANAGEMENT TEAM

Alvaro
Espinoza

CEO

SEE BIO

Senior executive with 24 years of corporate experience and +18 years of experience in senior management positions in the mining industry. Mr. Espinoza previously worked as CEO at Cautivo Mining Inc., CFO at Coripuno SAC, Executive Vice-president at Antigua Gold Inc. and Executive Vice-president at Batero Gold Corp. Mr. Espinoza holds an MBA from PAD Escuela de Dirección – IESE Business School.

Richard
Contreras

COO

SEE BIO

Mining engineer with more than 32 years of experience in the areas of underground operations, open pit, planning and projects. Mr. Contreras previously worked as a country manager (Peru) for a subsidiary of Pan American Silver Corp. Mr. Contreras holds a Bachelor of Science, Mining Engineer from the Universidad Nacional de Ingeniería (Peru).

Oliver
Foeste

CFO

SEE BIO

CPA, CA, founder and Managing Partner of Invictus Accounting Group LLP with significant executive, director, finance and public company compliance experience across a number of industry sectors including mining. Mr. Foeste currently holds strategic CFO roles for a select number of private and public companies and previously held leadership roles in multinational and small-cap companies listed on TSX, TSX Venture and NYSE.

Angel
Larrea

DIRECTOR OF FINANCE

SEE BIO

Mr. Larrea is a mining finance executive with over 18 years of experience in corporate finance, project control, and financial management within the mining and natural resources sector. He previously served as Finance Manager for TSX-listed underground mining operations with activities in Peru and Mexico. Mr. Larrea holds an MBA from Pacifico Business School (Peru) and has completed executive financial studies at Columbia Business School (USA).

Cristian
Cadenillas

LEGAL MANAGER AND COMPANY REPRESENTATIVE

SEE BIO

+15 years of experience in the mining sector. Mr. Cadenillas held positions as Corporate Legal Manager at Austria Duvaz and other senior positions at several Peruvian organizations, including OEFA. Lawyer from UPN University and a Masters degree in Mining and Natural Resources Law from Universidad Peruana de Ciencias Aplicadas.

Victor
Arenas

VICE PRESIDENT OF
TECHNICAL SERVICES

SEE BIO

Senior mining executive with over 22 years of experience in Peru and Spain, specializing in underground and open-pit mining operations. Mr. Arenas has held executive and operational leadership roles at Volcan Compañía Minera and Compañía Minera San Ignacio de Morococha (SIMSA), serving as Operations Manager, Chief Executive Officer, and Chief Operating Officer. He holds a Mining Engineering degree, an MBA, and a Master’s Degree in Financial Management. His expertise spans mine operations, strategic planning, safety and occupational health, environmental management, and community relations.

COMMITTEES COMPOSITION

AUDIT COMMITTEE

Tim
Loftsgard

CHAIRMAN

Johnny Decooman

MEMBER

Corporate Governance Committee

Tim
Loftsgard

MEMBER

Johnny Decooman

MEMBER

Compensation Committee

Gerardo Fernandez

CHAIRMAN

Tim
Loftsgard

MEMBER

HSS Sustainable Development Committee

Juan Carlos
Ortiz

CHAIRMAN

Tim
Loftsgard

MEMBER

Operations and Development Committee

Juan Carlos
Ortiz

CHAIRMAN

Tim
Loftsgard

MEMBER

Jose Vizquerra

MEMBER

Gerardo Fernandez

MEMBER

MISSION

Through cutting-edge technology and a
commitment to ESG, our goal is to become
a premier silver mining exploration company and
leading producer of silver.

VISION

To raise the industry standard in silver production
through responsible mining practices while
maximizing returns for our shareholders and
enhancing long-term stakeholder value.

CORPORATE GOVERNANCE

Articles

Articles

By-Laws

ByLaw No. 1 – AGMR (General)

ByLaw No. 2 – AGMR (Advance Notice)

Policies

Amended and Restated Audit Committee Charter

Amended and Restated Compensation Committee Charter

Amended and Restated Sustainable Development Committee Charter

Board Mandate

Chair of the Board of Directors Position Description

Corporate Governance Committee Charter

Majority Voting Policy

CONTACT OUR INVESTOR RELATIONS TEAM TODAY

Silver demand will grow exponentially with the rise of renewable energy and electric vehicles. Contact our Investor Relations team to participate in an industry that is a key driver of the global economy.

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