BRIEF

on Silver X Mining Corp. (CVE:AGX)

Silver X Mining Awards Stock Options and Share Units

Silver X Mining Corp., a company listed under TSXV:AGX, OTCQB:AGXPF, and F:AGX, has announced the granting of 450,000 restricted share units and 900,000 stock options to its directors and officers. These allocations align with the company's omnibus incentive plan dated August 9, 2024. Each stock option comes with an exercise price of C$0.79 and a lifespan of six years. The effective period for the share units is one year. The distributions are pending approval from the TSX Venture Exchange.

This move follows Silver X's strategic objectives as it continues to develop the Nueva Recuperada Project in Peru. The site spans 20,795 hectares and includes multiple mining targets. Silver X aims to enhance its silver production capabilities as a next-generation mining company, focusing on growth and sustainability.

R. P.

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