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SILVER MOUNTAIN ANNOUNCES RESIGNATION OF JULIO ARCE AS A DIRECTOR

MWN-AI** Summary

Silver Mountain Resources Inc. has announced the resignation of Julio Arce from its board of directors, effective November 12, 2025. The Canadian mining company, which specializes in silver exploration and development in Peru, expressed gratitude for Arce's contributions during his tenure on the board. The resignation was attributed to personal reasons, and the company conveyed its best wishes to Arce for his future endeavors.

Following Arce's departure, the Silver Mountain board will reconfigure, now comprising José Vizquerra as Chairman, alongside Juan Carlos Ortiz, Tim Loftsgard, Johnny Decooman, and Gerardo Fernandez. This change in the board's composition reflects the company's ongoing commitment to effective governance and strategic direction as it navigates the complexities of the mining sector.

Silver Mountain Resources is focused on enhancing shareholder value through the exploration and development of its principal asset, the Reliquias Project, a historically significant silver mine situated in the Castrovirreyna district of Huancavelica, Peru. The company emphasizes its dedication to sustainable practices and community engagement as it strives for responsible mining.

As Silver Mountain Resources proceeds with its operational and strategic objectives in light of this leadership change, stakeholders and investors will be keen to observe any implications for the company’s direction and project developments. The TSX Venture Exchange, alongside its Regulation Services Provider, has been mentioned in the context of this announcement, underscoring the regulatory framework that governs disclosures made by public companies in Canada.

For further details and updates, interested parties can refer to Silver Mountain's official website.

MWN-AI** Analysis

Silver Mountain Resources Inc. recently announced the resignation of Julio Arce as a Director, effective November 12, 2025. This development is noteworthy for investors, as shifts in leadership can impact company strategy, investor confidence, and stock performance.

Mr. Arce's departure, cited as due to personal reasons, does not reflect any apparent operational difficulties within the company, especially since the board remains intact with experienced members such as José Vizquerra and Tim Loftsgard. Nevertheless, it introduces a degree of uncertainty, which can be challenging for Silver Mountain during a crucial phase of its operations focusing on the Reliquias Project in Peru.

Investors should monitor how Silver Mountain manages this transition. An immediate assessment of the company's communication strategy is critical—clear articulation of the strategic vision moving forward is essential to inspire continued investor confidence. Furthermore, if the company brings in a new director, their expertise and alignment with Silver Mountain's objectives will significantly influence market perception.

In current market conditions, silver has regained attention as a potential hedge against inflation and economic instability, which positions Silver Mountain favorably from a commodity standpoint. The company’s commitment to sustainable mining practices and community engagement also aligns with increasing market trends favoring socially responsible investments.

For current shareholders, maintaining a watchful eye on Silver Mountain's performance during this transitional phase is advisable. If potential instability or leadership gaps emerge, updating investment strategies might be warranted. For potential investors, this could present either a risk or an opportunity depending on the forthcoming developments and market conditions surrounding silver assets. Overall, staying informed and vigilant in the wake of leadership changes will be vital for navigating Silver Mountain's stock in the coming months.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Canada Newswire

Canada NewsWire

TORONTO, Nov. 12, 2025 /CNW/ - Silver Mountain Resources Inc. ("Silver Mountain" or the "Company") (TSXV: AGMR) (OTCQB: AGMRF) (BVL: AGMR) today announces that Julio Arce has resigned from his position as a Director of the Company, effective November 12, 2025. The Company thanks Mr. Arce for his service and contributions to the board. His decision to step down was made for personal reasons.

The Company wishes him all the best in his future endeavors.

The board will now consist of José Vizquerra (Chairman), Juan Carlos Ortiz, Tim Loftsgard, Johnny Decooman and Gerardo Fernandez.

About Silver Mountain Resources Inc.

Silver Mountain Resources Inc. is a Canadian mining company focused on the exploration and development of silver projects in Peru. The Company's principal asset is the Reliquias Project, a past-producing silver mine located in the Castrovirreyna district of Huancavelica. Silver Mountain is committed to creating long-term value for its shareholders through responsible mining, strong community engagement, and sustainable development practices.

www.agmr.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Silver Mountain Resources Inc.

View original content: http://www.newswire.ca/en/releases/archive/November2025/12/c7931.html

FAQ**

What impact might Julio Arce's resignation as a director of Silver Mountain Resources Inc Com AGMRF have on the company's strategic direction and future projects, particularly in Peru?

Julio Arce's resignation as a director of Silver Mountain Resources Inc may lead to a shift in the company's strategic direction and future projects in Peru, potentially affecting decision-making, leadership stability, and investor confidence.

How does Silver Mountain Resources Inc Com AGMRF plan to fill the gap left by Julio Arce’s departure and maintain board effectiveness in decision-making?

Silver Mountain Resources Inc. plans to fill the gap left by Julio Arce's departure by leveraging a robust succession strategy and enhancing board diversity to ensure effective decision-making and maintain operational continuity.

Given the recent resignation of Julio Arce, what steps is Silver Mountain Resources Inc Com AGMRF taking to ensure continuity in governance and shareholder confidence moving forward?

Silver Mountain Resources Inc (AGMRF) is actively implementing a robust succession plan and enhancing its governance framework to maintain continuity and reassure shareholders following Julio Arce's resignation.

Can Silver Mountain Resources Inc Com AGMRF provide insights into the current state of their Reliquias Project, particularly in light of recent leadership changes?

Silver Mountain Resources Inc. (AGMRF) has indicated that despite recent leadership changes, they remain focused on advancing the Reliquias Project, with ongoing efforts to enhance operational efficiencies and improve project outcomes.

**MWN-AI FAQ is based on asking OpenAI questions about Silver Mountain Resources Inc Com (OTC: AGMRF).

Silver Mountain Resources Inc Com

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