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Mantaro Silver Corp. Appoints Luis Fernando Kinn Cortez as a Director

Management Changes

Mantaro Silver Corp. Appoints Luis Fernando Kinn Cortez

as a Director

VANCOUVER, BC

,

Oct. 15, 2021

/CNW/ -

MANTARO SILVER CORP.

(TSXV: MSLV) (OTCQB: MSLVF) (FSE: 9TZ) (the

"

Company

") is pleased to announce the appointment of

Luis Fernando Kinn Cortez

as a director of the Company.

Dr.

Christopher Wilson

, CEO of the Company stated, "We are pleased to welcome

Luis Kinn

as a member of our Board of

Directors. Luis has an excellent understanding of the Bolivian Shield as well as the regulatory environment in Bolivia. This is a

significant value add to our board as we explore and develop the Golden Hill Property and carry out strategic acquisitions in the

orogenic Bolivian Shield."

Mr. Cortez is the principal and manager of

Minera Golden Hill S.R.L

., an entity that owns the Golden Hill Property and which the

Company has optioned to acquire up to an 80% interest therein. With Minera Golden Hill S.R.L., Mr. Kinn optimized operations

through technological advancements and has been heavily involved with labour relations, government permitting and community

engagement. From 2015 to 2019, Mr. Kinn worked for an oil and gas exploration company based in Bolivia. In his capacity, Mr.

Cortez utilized his geophysics specialty in interpretation, modeling and designing 2D and 3D seismic. In 2019, he became the

technical manager for an oil Subandean project in Bolivia. Mr. Kinn attended university in

France

.

About Mantaro Silver Corp.

Mantaro Silver Corp. is a

British Columbia

company that holds a diversified portfolio of gold and silver focused mineral properties

in

Bolivia

and Peru. The Company's holds an option to acquire up to an 80% interest in the advanced Golden Hill Property

("Golden Hill"), located in the underexplored, orogenic Bolivia Shield,

Bolivia

.

The Company also has an 100% interest in high-grade Santas Gloria Silver Property as well as a 100% interest in the San Jose,

La Purisima,

Cerro Luque

and Huaranay Properties (the "Silver Properties"). The Silver Properties are all located in

Peru

.

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-appoints-luis-fernando-kinn-cortez-as-a-director-301401042.html

SOURCE

Mantaro Silver Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2021/15/c5973.html

%SEDAR: 00050987E

For further information:

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

CO: Mantaro Silver Corp.

CNW 07:00e 15-OCT-21