Silver Storm Expands Senior Leadership and Technical Team
NEWS RELEASE
SILVER STORM EXPANDS SENIOR LEADERSHIP AND TECHNICAL TEAM
Toronto, Ontario, April 07 , 2026: Silver Storm Mining Ltd. (“ Silver Storm ” or the " Company")
(TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce the addition of four experienced
mining professionals to its senior leadership team:
• Fernando Ragone, Chief Financial Officer
• Arturo Zamudio, General Manager, Mexico
• Shane Ghouralal, P.Eng., Director, Technical Services
• David Travis, Project Director, Mexico
Greg McKenzie, President and CEO, commented, “This expansion of our leadership team provides
a crucial mix of proven success in project execution, technical expertise, and management experience
to ensure that the Company can meet its goal of restarting operations at the La Parrilla Silver Mine
Complex in the second quarter of 2026. I am thrilled to announce these additions to Silver Storm and
will look forward to seeing their continued growth and success.”
Fernando Ragone: Mr. Ragone joined the Company with over 28 years of experience in the finance
and mining industries. Most recently, he served as Senior Vice President and Chief Financial Officer
at Wesdome Gold Mines Ltd. Mr. Ragone also served as Chief Financial Officer at Baffinland Iron
Mines Corporation and the North American Zinc division of Glencore and held senior positions at First
Majestic Silver Corp. and Primero Mining Corp.
Arturo Zamudio: Mr. Zamudio is a seasoned mining engineer with over 36 years of experience in
mining operations in Mexico. He worked as General Manager at the underground silver -lead-zinc La
Colorada mine owned by Pan American Silver Corp., as well as at the El Castillo and San Agustin
heap leach gold and silver mines owned by Argonaut Gold. Most recently, he served as Director of
Strategic Planning at MINPRO S.A., a Mexico-based mining contractor company.
Shane Ghouralal, P.Eng.: Mr. Ghouralal is a senior mining engineer and project manager with over 16
years of experience. He worked at BBA Consultants and WSP for 8 years, where he provided project
leadership, strategic planning , and corporate advisory services . Mr. Ghouralal also worked at Vale
S.A. for over 6 years where he held progressively senior mining engineering roles at the Thompson
underground nickel mine in Manitoba. He is a Qualified Person as defined by National Instrument 43-
101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
David Travis: Mr. Travis joined the Company as Project Director, Mexico focused on the mine and
processing plant restart and operations at the La Parilla Silver Mine Complex . He has over 25 years
of experience in mine management, operations, and administration. Mr. Travis held senior mine
management roles at multiple underground polymetallic silver mines, including the Terronera and
Guanacevi mines in Mexico owned by Endeavour Silver Corp. and the San Vicente mine in Bolivia
owned by Pan American Silver Corp.
Pursuant to its 2020 Amended and Restated Incentive Stock Option Plan (the “Plan”), Silver Storm
has granted stock options of the Company (“Options”) to certain officers, employees, and consultants
of the Company, to purchase an aggregate of 12,500,000 common shares of the Company at the price
of $0.50 per share for a period of five years from date of grant. The Options all vest periodically in
accordance with their terms. The Options granted are under and subject to the terms and conditions
of the Plan and subject to the rules and policies of the TSX Venture Exchange (the “Exchange”). This
stock option grant is subject to acceptance by the Exchange.
About Silver Storm Mining Ltd.
Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm
is committed to advancing toward a potential near-term restart of its 100% -owned La Parrilla Silver
Mine Complex, a prolific operation comprised of a 2,000 tpd mill and three underground mines. The
Company also holds a 100% interest in the San Diego Project which ranks among the largest
undeveloped silver projects in Mexico. For more information regarding the Company and its projects,
please visit our website at www.silverstorm.ca.
For additional information, please contact:
Greg McKenzie, President & CEO
Ph: +1 (416) 504-2024
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward Looking Statements:
Certain statements in this news release are forward -looking and involve a number of risks and
uncertainties. Such forward-looking statements are within the meaning of the phrase ‘forward-looking
information’ in the Canadian Securities Administrators’ Natio nal Instrument 51 -102 – Continuous
Disclosure Obligations. Forward -looking statements are not comprised of historical facts. Forward -
looking statements include estimates and statements that describe the Company’s future plans,
objectives, or goals, includi ng words to the effect that the Company or management and Qualified
Persons (in the case of technical and scientific information) expect a stated condition or result to occur.
Forward-looking statements may be identified by such terms as “believes”, “antic ipates”, “expects”,
“estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking statements are based on
assumptions and address future events and conditions, by their very nature they involve inherent risks
and uncertainties. Although th ese statements are based on information currently available to the
Company, the Company provides no assurance that actual results will meet management’s
expectations. Risks, uncertainties, and other factors involved with forward -looking information could
cause actual events, results, performance, prospects, and opportunities to differ materially from those
expressed or implied by such forward -looking information. Forward -looking information in this news
release includes but is not limited to: the Company's plans and expectations for La Parrilla; the timeline
for the completion of the rehabilitation work at La Parrilla; and the timeline and ability to place the La
Parrilla Silver Mine Complex back into operation.
In making the forward -looking statements included in this news release, the Company has applied
several material assumptions, including , among other things , the absence of material adverse
changes in market conditions, metal prices, permitting status, operating conditions, labour availability,
and access to required equipment, parts, and consumables . The Company cautions that its decision
to potentially restart operations at La Parrilla, and any related production decisions, are largely based
on internal Company data, historical operating results, reports, and engineering assessments and are
not supported by a current mineral reserve estimate prepared in accordance with NI 43 -101,
preliminary economic assessments, pre -feasibility studies, or feasibility studies that demonstrate
economic and technical viability. As a result, there is increased uncertainty and a higher degree of
economic and technical risk associated with any such production decision than would be the case if
such mineral reserves estimates or studies were completed and relied upon to support a production
decision. No mineral reserves have been established for La Parrilla, and mineral resources that are
not reserves do not have demonstrated economic viability. The absence of mineral reserve estimates
prepared in accordance with NI 43-101, preliminary economic assessments, pre-feasibility studies, or
feasibility studies supporting a production decision increases the uncertainty of achieving any
particular level of mineral recovery or the cost of such recovery and heightens the risks associated
with developing a commercially mineable deposit. Historically, projects advanced without the support
of such mineral reserves estimates and studies have experienced a significantly higher incidence of
economic and technical failure. There can be no assurance that production at La Parrilla will
commence as anticipated or at all, or that any anticipated production levels or operating costs will be
achieved. A failure to commence production would have a material adverse effect on the Company’s
ability to generate revenue and cash flow to fund its operations. Similarly, a fai lure to achieve
anticipated production costs would have a material adverse effect on the Company’s cash flow and
future profitability.
Forward-looking statements and information are subject to various known and unknown risks and
uncertainties, many of which are beyond the ability of the Company to control or predict, that may
cause the Company’s actual results, performance , or achievements to be materially different from
those expressed or implied thereby, and are developed based on assumptions about such risks,
uncertainties, and other factors set out herein.
Such forward-looking information represents management ’s and Qualified Persons ’ (in the case of
technical and scientific information) best judgment based on information currently available. No
forward-looking statement can be guaranteed, and actual future results may vary materially.
Accordingly, readers are advised not to place undu e reliance on forward -looking statements or
information.