News

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AGMR ANNOUNCES DTC ELIGIBILITY OF ITS COMMON SHARES

Toronto, Ontario, August 2, 2022 – Silver Mountain Resources Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”).

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DRILLING CONTINUES TO DEFINE HIGH GRADE ZONES AT AgMR’s RELIQUIAS MINE

Silver Mountain Resources Inc. (“Silver Mountain”, “AGMR” or the “Company”) is pleased to provide an update on its underground drilling at the Reliquias silver mine in Huancavelica, central Peru.

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SILVER MOUNTAIN RESOURCES ANNOUNCES LISTING ON THE LIMA STOCK EXCHANGE

Toronto, Ontario, July 18, 2022 – Silver Mountain Resources Inc. is pleased to announce that on Monday July 18, 2022, its class A common shares will commence trading on the Lima Stock Exchange in Peru, under the symbol “AGMR”.

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FIRST PASS SAMPLING CONFIRMS GOLD AND SILVER PROSPECTIVITY AT SILVER MOUNTAIN RESOURCES’ DORITA PROJECT IN PERU

Toronto, Ontario, July 7, 2022 – Silver Mountain Resources Inc. is pleased to announce initial results from surface sampling at the Company’s Dorita property in Huancavelica, central Peru.

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SILVER MOUNTAIN RESOURCES ANNOUNCES APPOINTMENT TO BOARD OF DIRECTORS

Toronto, Ontario, June 28, 2022 – Silver Mountain Resources Inc. is pleased to announce that Juan Carlos Ortiz has been appointed as a director of the Company, effective June 28, 2022.

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AgMR — SILVER MOUNTAIN RESOURCES ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Toronto, Ontario, June 23, 2022 – Silver Mountain Resources Inc. is pleased to announce the results of its annual general and special meeting of shareholders held on June 23, 2022.

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SILVER MOUNTAIN RESOURCES BEGINS TRADING ON THE OTCQB MARKETS

Ontario, June 16, 2022 – Silver Mountain Resources Inc. is pleased to announce that it has commenced trading on the OTCQB® Venture Market under the symbol “AGMRF”.

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SILVER MOUNTAIN RESOURCES INTERSECTS 2.25 m @ 793.56g/t AgEq WITHIN BROADER INTERVAL OF 10.40M @ 446.23g/t AgEq IN FIRST DRILL HOLE FROM UG DRILLING AT ITS RELIQUIAS MINE IN PERU

Toronto, Ontario, June 15, 2022 – Silver Mountain Resources Inc. is very pleased to announce the results for drill holes SMR-001-22-MTC and SMR-002-22-SCS, the first drill holes of the 12000 m underground drilling campaign at the Company’s Reliquias underground silver mine in Huancavelica, central Peru.

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SILVER MOUNTAIN RESOURCES REPORTS AG-PB-ZN VEIN INTERSECTIONS FROM THE UG RESOURCE VALIDATION DRILLING AT ITS RELIQUIAS MINE IN PERU

Toronto, Ontario, June 7, 2022 – Silver Mountain Resources Inc. (“Silver Mountain”, “AGMR” or the “Company”) is pleased to announce that diamond drilling is well underway at its Reliquias underground silver mine in Huancavelica, central Peru, with the first holes intersecting Ag-Pb-Zn mineralization in the Matacaballo Vein resource area and samples having been sent to the lab for assaying.

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SILVER MOUNTAIN RESOURCES ANNOUNCES APPOINTMENT TO BOARD OF DIRECTORS

Toronto, Ontario, May 17, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to announce that Blair Zaritsky has been appointed to the board of directors of the Company, effective immediately.

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SILVER MOUNTAIN RESOURCES ANNOUNCES CHANGE TO BOARD OF DIRECTORS

Toronto, Ontario, May 13, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) today announces that Bryan Coates has resigned from the board of directors of the Company effective immediately.

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SILVER MOUNTAIN RESOURCES ANNOUNCES CHANGE OF TRANSFER AGENT

Toronto, Ontario, May 3, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) announces that it has replaced Marelli Trust Company Limited as the registrar and transfer agent of the Company’s common shares with Odyssey Trust Company. Shareholders do not need to take any action with respect to the change in registrar and transfer agent services.

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AGMR TO COMMENCE DRILLING AND REHABILITATION ACTIVITIES AT ITS RELIQUIAS UNDERGROUND MINE

Toronto, Ontario, April 19, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to provide an update regarding its underground drilling activities and mine rehabilitation work at its Reliquias underground silver mine located in central Peru (the “Reliquias Mine”).

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AGMR | SILVER MOUNTAIN RESOURCES TO COMMENCE DRILLING AT ITS RELIQUIAS UNDERGROUND MINE

Toronto, Ontario, April 19, 2022 – AGMR |Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to provide an update regarding its underground drilling activities and mine rehabilitation work at its Reliquias underground silver mine located in central Peru (the “Reliquias Mine”).

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SILVER MOUNTAIN RESOURCES INC. CLOSES THE MARKET

Toronto, Ontario, April 5, 2022 – Alfredo Bazo, Chief Executive Officer and President, Jose Vizquerra, Chairman, Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) (TSXV: AGMR) and their team joined Robert Peterman, Vice President, Global Business Development, Toronto Stock Exchange, to celebrate the Company’s new listing on TSX Venture Exchange and close the market.

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SILVER MOUNTAIN RESOURCES ANNOUNCES LISTING OF COMMON SHARE PURCHASE WARRANTS

Toronto, Ontario, March 9, 2022/CNW/ – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to announce that the TSX Venture Exchange (the “TSXV”) has accepted for listing 26,450,000 common share purchase warrants of the Company (the “Warrants”) for trading on the TSXV. The Warrants were issued on February 2, 2022 pursuant to a long form prospectus dated January 26, 2022, forming part of the Company’s initial public offering (the “Offering”). For more information about the Offering, please refer to the Company’s news released dated February 2, 2022, which is available under the Company’s SEDAR profile at www.sedar.com.

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SILVER MOUNTAIN RESOURCES ANNOUNCES 2022 EXPLORATION PROGRAM AT ITS RELIQUIAS UNDERGROUND SILVER MINE AND OTHER PROSPECTIVE PROPERTIES

Toronto, Ontario, March 8, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to announce its 2022 exploration program at its Castrovirreyna Project located in central Peru (the “Expiration Program”). The primary focus of the Exploration Program will be to convert and expand the current historical resources of the Reliquias silver underground mine at the Castrovirreyna Project into a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) compliant mineral resource.

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SILVER MOUNTAIN RESOURCES COMPLETES REPAYMENT OF LOAN FROM TRAFIGURA

Toronto, Ontario, March 1, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to announce that it has fully repaid the outstanding balance of approximately US$2.9 million in connection with its loan from Trafigura Beheer BV. The payment has satisfied all outstanding amounts under the loan.

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SILVER MOUNTAIN WELCOMES TWO NEW BOARD MEMBERS AND APPOINTS DIRECTOR OF EXPLORATION

Toronto, Ontario, February 10, 2022 – Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to welcome Mrs. Victoria Vargas and Mr. Bryan Coates to the Silver Mountain board of directors (the “Board”) as Independent Non-Executive Directors. In addition, the Company has appointed Mr. Torsten Danne, to the role of Director of Exploration.

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SILVER MOUNTAIN RESOURCES COMPLETES INITIAL PUBLIC OFFERING

Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to announce that it has closed its previously announced initial public offering (the
“Offering”) of 46,000,000 units of the Company (the “Units”) at a price of $0.50 per Unit (the “Offering Price”), for gross proceeds of $23,000,000. The Company has also issued an additional 6,900,000 Units at the Offering Price, for additional gross proceeds of $3,450,000, in connection with the exercise in full of the over-allotment option.

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SILVER MOUNTAIN RESOURCES ANNOUNCES PRICING & UPSIZED INITIAL PUBLIC OFFERING

Toronto, Ontario, January 24, 2022    Silver Mountain Resources Inc. Silver Mountain or the Company is pleased to announce that it has entered into an amendment to the engagement letter in respect of its proposed initial public offering (the Offering The Offering is now agreed to consist of a treasury offering of 46,000,000 units of the Company (the   Units at a price of $0.50 per Unit, for gross proceeds of $23,000,000. The Offering was upsized from an initial size of $15,000,000 as a result of excess demand.

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