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AGMR.TO ·

Silver Mountain Announces Resignation of Julio Arce as a Director

Management Changes

SILVER MOUNTAIN ANNOUNCES RESIGNATION

OF JULIO ARCE AS A DIRECTOR

TORONTO – November 12, 2025 – 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.

For further information, please contact:

Alvaro Espinoza

Chief Executive Officer

Silver Mountain Resources Inc.

82 Richmond Street East, Toronto, ON M5C 1P1

+51 997 377 968

[email protected]