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AGX.V ·

OR FOR Distribution to United States News Wire Services** Silver X Mining Corp.

Corporate Updates

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**

SILVER X MINING CORP.

Suite 1430 – 800 West Pender Street, Vancouver, B.C. V6C 2V6

ECHELON WEALTH PARTNERS INC. INITIATES COVERAGE ON

SILVER X MINING

Vancouver, B.C., December 9, 2021. SILVER X MINING CORP. (TSX-V: AGX) (OTC

QB: WRPSF) (“Silver X” or the “Company”) is pleased to announce that Echelon Wealth

Partners Inc. (“Echelon”) has initiated analyst coverage on Silver X Mining.

The initiating coverage report can be found at the following link:

https://advisor.echelonpartners.com/research/content/agx20211209inititation.pdf

Echelon is a Canadian independent wealth management and capital markets firm and is a

member of the Investment Industry Organization of Canada (IIROC).

About Silver X Mining

Silver X Mining is a Canadian silver mining company with assets in Peru and Ecuador. The

Company’s flagship asset is the Nueva Recuperada silver lead zinc project located in

Huancavelica, Peru. Founders and management have a successful track record of increasing

shareholder value. For more information visit our website at www.silverx-mining.com.

ON BEHALF OF THE BOARD

José M García

CEO and Director

For further information, please contact:

Silver X Mining Corp.

+ 1 604 358 1382 | [email protected]

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 acc uracy of

this release.

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Cautionary Statement Regarding “Forward-Looking” Information

This press release contains “forward -looking information” within the meaning of applicable Canadian securities

legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such

as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,

“anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts,

events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward -looking

information in this press release may include, without limitation, expected financial performance of the Company.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause

the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially

different from those expressed or implied by such forward-looking information. Although the Company has attempted

to identify important factors that could cause actual results to differ materially from those contained in forward-looking

information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be

no assurance that such information will prove to be accurate, as actual results and future events could differ materially

from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward -looking

information. The Company does not undertake to update any forward-looking information, except in accordance with

applicable securities laws.