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Pinnacle Provides Further Details for El Potrero Finder’s Fee

Corporate Updates

250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. (604) 669 - 0868

TSXV: PINN OTC: PSGCF

Pinnacle Provides Further Details for El Potrero Finder’s Fee

VANCOUVER, BRITISH COLUMBIA, December 9, 202 5 (TSXV: PINN, OTC: PSGCF, Frankfurt:

P9J) – Pinnacle Silver and Gold Corp. ("Pinnacle" or the “Company") is pleased to announce that it

has received conditional TSX Venture Exchange (“TSXV” or “the Exchange”) approval for all Finder’s

Fee shares associated with the staged option of the high-grade El Potrero gold-silver project in

Durango, Mexico.

Further to Pinnacle news release of February 24, 2025, a Finder’s Fee of 4% of the measurable benefit

of each installment payment will be paid to Juan Jose Camacho, who is arm’s length to the issuer and

the vendor, corresponding to the payment schedule outlined in the Definitive Agreement (the “DA”), in

accordance with TSXV Policy 5.1 . In total, the Exchange has conditionally approved the issuance of

191,580 Finder’s Fee shares . Up to US$ 298,000 in total cash payments may also be made to the

Finder according to the following schedule and conditions.

The initial Finder’s Fee installment was made on February 24 , 2025 and comprised 71,580 shares at a

deemed value of $0.05 . A second share issuance of 40,000 shares , at a deemed value of $0.11, and

cash payment of US$8,000 will now be made . A third installment, comprising 40,000 shares and

US$30,000, will be due on February 24, 2026 . Assuming the option agreement continues, US$40,000

will be payable w hen the plant is sufficiently upgraded and all permits received in order to commence

production, or 4 years from signing the DA, whatever happens first ; US$60,000 one year after

commencing production or 5 years from signing the DA, whatever happens first ; and US$120,000 two

years after commencing production or 7 years from signing the DA, whatever happens first . A

contingency issuance of 40,000 shares and payment of US$40,000 may be made at an undetermined

time, upon Pinnacle establishing a Mineral Resource Estimate, as defined by National Instrument 43 -

101, of at least 350,000 gold equivalent ounces in the Inferred category or better.

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35

kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo),

the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system

hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre

strike length. The property has been in private hands for almost 40 years and has never been

systematically explored by modern methods, leaving significant exploration potential.

A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground

mine workings rehabilitated at relatively low cost in order to achieve near -term production once

permits are in place. The property is road accessible with a power line within three kilometres.

250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. (604) 669 - 0868

TSXV: PINN OTCQB: PSGCF

Pinnacle will earn an initial 50% interest immediately upon commencing production. The goal would

then be to generate sufficient cash flow with which to further develop the project and increase the

Company’s ownership to 100% subject to a 2% NSR. If successful, this approach would be less

dilutive for shareholders than relying on the equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas. The high -grade

Potrero gold -silver project in Mexico’s Sierra Madre Belt hosts an underexplored low -sulphidation

epithermal vein system and provides the potential for near -term production. In the prolific Red Lake

District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-

grade Argosy Gold Mine and the adjacent North Birch Project with an eight -kilometre-long target

horizon. With a seasoned, highly successful management team and quality projects, Pinnacle Silver

and Gold is committed to building long-term, sustainable value for shareholders.

Signed: “Robert A. Archer”

President & CEO

FOR FURTHER INFORMATION CONTACT:

Email: [email protected]

Tel.: +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada

accepts responsibility for the adequacy or accuracy of this release.