Safi Silver Issues Stock Options and Restricted Stock Units
FOR IMMEDIATE RELEASE
Safi Silver Issues Stock Options and Restricted Stock Units
TORONTO, ONTARIO, May 28, 2026 – Safi Silver Corp. (TSX-V: SF, OTCPK: PNTZF) (“Safi
Silver” or the “Company”) announces that it has issued 750,000 stock options (the “Options”) to
a director of the Company pursuant to the Company’s stock option plan (the “Stock Option Plan”).
Such Options are exercisable into common shares of the Company at an exercise price of $0.40
for a period of five years from the date of grant.
In addition, the Company has issued a total of 3,300,000 restricted share units (“RSUs”) to certain
directors and officers of the Company in accordance with the Company’s Restricted Share Unit
and Deferred Unit Plan (the “RSU Plan”). The RSUs will vest in two installments with two thirds
of the grant of RSUs vesting on the one -year anniversary of the grant date and the remaining
one-third of the grant of RSUs vesting on the second-year anniversary of the grant date.
The Options are being issued pursuant to the Company’s Stock Option Plan which is a 10% rolling
stock option plan and the RSUs are being issued pursuant to the Company’s RSU Plan which is
a fixed security compensation plan. Each of the Stock Option Plan and the RSU Plan were
approved by Safi Silver shareholders at the Company’s annual and special meeting of
shareholders held on March 5, 2026. The grant of the Options and the RSUs is subject to the
approval of the TSX Venture Exchange.
Safi Silver Corp. also announces that Damian Lopez has resigned as Corporate Secretary of the
Company and Paul Bozoki, CFO of Safi Silver Corp. will take on the role of Corporate Secretary.
About Safi Silver Corp.
Safi Silver Corp. is a publicly traded Canadian exploration and development company with a core
focus on copper and silver holdings in mining -friendly African jurisdictions. In Morocco, the
Company is advancing two exploration projects: Addana, which hosts silver-bearing polymetallic
veins, and Silver Hill, a sedimentary copper prospect undergoing ongoing evaluation. In Namibia,
Safi Silver holds the Kalahari Copperbelt Project.
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements
regarding the issuance of Stock Options and RSUs, changes to the Company’s management
team and the Company’s future plans and objectives. These statements are based on current
expectations and assumptions that are subject to risks and uncertainties. Actual results could
differ materially because of factors discussed in the management discussion and analysis section
of our interim and most recent annual financial statements or other reports and filings with the
TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any
obligation to update any forward-looking statements, except as required by applicable laws.
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.
For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
Website: www.safisilver.com
ON BEHALF OF THE BOARD OF DIRECTORS
Jed Richardson
President & CEO