Sierra Madre Announces Grant of Stock Options
Sierra Madre Announces Grant of Stock
Options
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Sierra Madre Gold and Silver Ltd.
(TSXV: SM) (OTCQX: SMDRF) ("
Sierra Madre
" or the "
Company
") announces that, pursuant to its
Stock Option Plan, it has granted stock options to employees of La Guitarra Compania Minera, S.A. de
C.V., certain directors, management and consultants of the Company, to purchase an aggregate of
2,750,000 common shares of the Company at the price of $0.73 per share for a period of five years from
the grant date. The Options shall be granted under and subject to the terms and conditions of the
Company's stock option plan (the "
Plan
") and subject to the rules and policies of the Exchange. 40,000
of the options were granted to the Company's investor relations consultant, Adelaide Capital and will
vest ¼ three months after the date of the grant; ¼ six months after the date of the grant; ¼ nine months
after the date of the grant and ¼ twelve months after the date of the grant. The remaining options will vest
1/3 immediately as of the date of grant; 1/3 six months after the date of the grant; and 1/3 12 months
after the date of the grant. This stock option grant is subject to acceptance by the TSX Venture
Exchange.
About Sierra Madre
Sierra Madre Gold and Silver Ltd.
(TSXV: SM) (OTCQX: SMDRF) is a precious metals development
and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico,
and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a
permitted underground mine, which includes a 500 t/d processing facility that operated until mid-2018
and restarted commercial production in January 2025.
The +2,600 ha Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an
existing historic resource.
Sierra Madre's management team has played key roles in managing the exploration and development of
silver and gold mineral reserves and mineral resources. Sierra Madre's team of professionals has
collectively raised over $1 billion for mining companies.
On behalf of the board of directors of Sierra Madre Gold and Silver Ltd.,
"
Alexander Langer
"
Alexander Langer
President, Chief Executive Officer and Director
778-820-1189
Contact:
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