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Mantaro Silver Corp. Announces Peruvian General Manager

Corporate Updates

Mantaro Silver Corp. Announces Peruvian General

Manager

VANCOUVER, BC

,

July 23, 2021

/CNW/ -

MANTARO SILVER CORP.

(TSXV: MSLV) (FSE: 9TZ) (the "

Company

" or

"

Mantaro

") is pleased to introduce Dr.

Jorge Masson Pazos

as the Peruvian General Manager and Legal Counsel. Dr.

Masson replaces Mr.

Robert Zalles

who was previously General Manager for

Peru

and Mr.

Luis Saenz

who provided

advisory services. Mantaro wishes Mr. Zalles and Mr. Saenz success in their future venture endeavours.

Dr. Masson obtained his bachelor degree and the title of lawyer from the

Pontifical Catholic University

of

Peru

and

completed post-graduate studies at the Peruvian

University of Applied Sciences

, ESAN and

Pacific University

. Dr.

Masson started his career as an attorney for a national airline, where he worked in the management and administration

of civil law, corporate law, labour law, transport ,insurance law, aeronautical law and administrative law. This involved

administration and assistance of a large number of judicial, civil, criminal, labor and constitutional processes.

Since 1990, Jorge has been one of the main partners in the

Lima

-based law firm "

Estudio Navarro

& Pazos Abogados"

— where he primarily practices labour and Civil law. He also works in the areas of property, land, water and mining;

constitutional and administrative law; and litigation and arbitration. Dr. Masson has represented national and

transnational clients in a number of major cases.

Jorge has been legal representative of many prestigious national and international firms, and is the arbiter of payroll

Centre for Conciliation and Arbitration of the Chamber of Commerce of

Lima

,the Centre for Conflict Resolution of the

Pontifical Catholic University

of

Peru

, AMCHAM Arbitation Centre and the Agency State Procurement Supervisor

(OSCE).

About Mantaro Silver Corp.

Mantaro Silver Corp. is a

British Columbia

company that holds a 100% interest in its flagship Santas Gloria Silver

Property as well as a 100% interest in the San Jose, La Purisima,

Cerro Luque

and Huaranay Properties.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the

date of this news release. These statements reflect management's current estimates, beliefs, intentions and

expectations. They are not guarantees of future performance. The Company cautions that all forward looking

statements are inherently uncertain and that actual performance may be affected by a number of material factors,

many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties

relating to Company's limited operating history and the need to comply with environmental and governmental

regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates,

beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under

applicable securities legislation, the Resulting Issuer undertakes no obligation to publicly update or revise forward-

looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except

as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-

looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/mantaro-silver-corp-announces-peruvian-general-manager-301340312.html

SOURCE

Mantaro Silver Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2021/23/c4743.html

%SEDAR: 00050987E

For further information:

Leo Karabelas, Phone: (647) 689-6041, E-mail: [email protected]

CO: Mantaro Silver Corp.

CNW 11:43e 23-JUL-21