OR Dissemination IN OR into the United States
SILVER MOUNTAIN ANNOUNCES NEW CFO
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO
THE UNITED STATES
/
TORONTO
,
May 26, 2025
/CNW/ - Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB:
AGMRF) (BVL: AGMR) ("
Silver Mountain
" or the "
Company
") is pleased to announce the
appointment of
Oliver Foeste
as Chief Financial Officer of the Company, effectively immediately. Mr.
Foeste is the founder and Managing Partner of Invictus Accounting Group LLP ("
Invictus
") and has
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 senior management and executive
positions in multinational and small capitalization companies listed on Toronto Stock Exchange, TSX
Venture Exchange, and New York Stock Exchange. Prior to founding Invictus, Mr. Foeste earned
his CPA at Deloitte and a boutique tax advisory firm.
"We are excited to welcome Oliver as Chief Financial Officer of the Company. His knowledge of the
resource sector combined with his strong background in finance and accounting will be invaluable to
Silver Mountain as we continue to develop our projects," said
Alvaro Espinoza
, Chief Executive
Officer of the Company.
www.agmr.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the
meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to
Silver Mountain's current expectations and views of future events. Any statements that express or
involve discussions as to expectations, beliefs, plans, objectives, assumptions, or future events or
performance (often, but not always, through the use of words or phrases such as "will likely result,"
"are expected to," "expects," "will continue," "is anticipated," "anticipates," "believes," "estimated,"
"intends," "plans," "forecast," "projection," "strategy," "objective" and "outlook") are not historical
facts and may be forward-looking statements and may involve estimates, assumptions, and
uncertainties which could cause actual results or outcomes to differ materially from those expressed
in such forward-looking statements. No assurance can be given that these expectations will prove to
be correct, and such forward-looking statements included in this news release should not be unduly
relied upon. These statements speak only as of the date of this news release.
Forward-looking statements are based on a number of assumptions and are subject to a number of
risks and uncertainties, many of which are beyond Silver Mountain's control, which could cause
actual results and events to differ materially from those that are disclosed in or implied by such
forward-looking statements. Such risks and uncertainties include, but are not limited to, the factors
set forth under "Caution Regarding Forward-Looking Statements" and "Risk Factors" in the
Company's Annual Information Form dated
April 26, 2024
, and other disclosure documents available
on the Company's profile on SEDAR+ at
www.sedarplus.ca
. Silver Mountain undertakes no
obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by law. New factors emerge
from time to time, and it is not possible for Silver Mountain to predict all of them or assess the
impact of each such factor or the extent to which any factor, or combination of factors, may cause
results to differ materially from those contained in any forward-looking statement. Any forward-
looking statements contained in this news release are expressly qualified in their entirety by this
cautionary statement.
SOURCE
Silver Mountain Resources Inc.
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For further information:
For Further Information Contact: Alvaro Espinoza, Chief Executive Officer
and Interim Chief Financial Officer, Silver Mountain Resources Inc, 82 Richmond Street East,
Toronto, ON M5C 1P1, +51 997 377 968, [email protected]
CO: Silver Mountain Resources Inc.
CNW 07:00e 26-MAY-25