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MGMA.V ·

Magma Silver Announces Consulting Services Agreement

Corporate Updates

Magma Silver Corp.

Suite 750, 1095 West Pender Street, Vancouver, B.C., Canada, V6EC 2M6

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MAGMA SILVER ANNOUNCES CONSULTING SERVICES AGREEMENT

Vancouver, British Columbia - (June 2, 2025) – Magma Silver Corp. (TSXV: MGMA; FSE: BC21;

WKN: A411DV) (“Magma” or the “Company”) is pleased to announce it has entered into a

consulting services agreement with Daniel Schaad. Daniel will carry out media awareness

campaigns in Europe to increase Magma’s recognition in the German and European markets.

The agreement is for an initial term of 3 months starting on June 2, 2025. Magma will pay

Daniel an aggregate of CAD$12,600. The agreement has been conditionally approved by the TSX

Venture Exchange. Daniel does not own any securities of the Company or any right to acquire

securities of the Company. Daniel Schaad is an arm's length party to the Company.

About Daniel Schaad (www.explorercheck.com )

Daniel Schaad has worked in the capital markets since 2004, and has become a well-respected

capital markets expert, especially in the mining sector. To date, Daniel has been directly

involved in fifteen takeover transactions. He has a broad investor-reach through his self-run

explorercheck.com service, and through publishing reports on www.wallstreet-online.de ,

generating a strong German-speaking, investor readership.

About Magma Silver Corp.

Magma Silver Corp. is a natural resource company with a focus on the acquisition, exploration,

development, and operation of precious metal mining exploration projects. The Company’s

primary focus is on exploring and developing the advanced Niñobamba silver gold project in the

mining supportive country of Peru.

For further information, please contact Magma Silver Corp.:

Jason Baker, Chief Financial Officer

Phone: +1-604-252-2672

Email: [email protected]

Website: www.magmasilver.com

Reader Advisory

Magma Silver Corp.

Suite 750, 1095 West Pender Street, Vancouver, B.C., Canada, V6EC 2M6

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This news release may contain forward-looking information within the meaning of applicable securities laws. All

information and statements other than statements of current or historical facts contained in this news release are

forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning

the specific factors disclosed here and elsewhere in Magma Silver Corp.’s periodic filings with Canadian securities

regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend",

"may", "potential", "should," and similar expressions, are forward- looking statements. The information provided in

this document is necessarily summarized and may not contain all available material information. Forward-looking

statements include those in relation to (i) the Daniel Schaad agreement and the performance thereof and (ii) the

expected benefits to the Company from the Danile Schaad agreement and the scope of services to be provided by

Danile Schaad. Although the Company believes the expectations reflected in such forward-looking statements are

based on reasonable assumptions, it can’t make any assurances that its expectations will be achieved. Such

assumptions may prove incorrect. Although the Company has attempted to identify important factors that could

cause actual results, performance, or achievements to differ materially from those contained in the forward-

looking statements, there can be other factors that cause results, performance, or achievements not to be as

anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or

that management's expectations or estimates of future developments, circumstances, or results will materialize. As

a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-

looking information in this news release will transpire or occur, or, if any of them do so, what benefits that the

Company will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking

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

the Company disclaims any intention or obligation to update or revise such information, except as required by

applicable law.

Neither 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.