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ZAC.V ·

Zacatecas Silver Announces Grant of Stock Options

Share Capital & Compensation

Zacatecas Silver Announces Grant of Stock Options

VANCOUVER, British Columbia, October 9, 2025 – Zacatecas Silver Corp. (TSXV: ZAC;

OTC: ZCTSF; Frankfurt: 7TV) (“Zacatecas” or the “Company”) announces it has granted

5,000,000 stock options to its directors, officers and consultants in accordance with the terms of

its rolling stock option plan. Each option is exercisable at a price of $0.11 per share for a period

of five years from the date of grant.

The Company also confirms th e terms of the non-transferable finders share purchase warrants

issued under its private placement financing as disclosed on September 29, 2025. Each finders

share purchase warrant is exercisable at a price of $0.10 per share for a period of two years from

the date of issue.

On behalf of the Company

Eric Vanderleeuw

Chief Executive Officer

Zacatecas Silver Corp.

(519) 729 2440

Forward-Looking Statements

Information set forth in this news release contains forward -looking statements that are based on

assumptions as of the date of this news release. These statements reflect management’s current

estimates, beliefs, intentions and expectations. They are not gu arantees of future performance.

Zacatecas Silver cautions that all forward -looking statements are inherently uncertain and that

actual performance may be affected by many material factors, many of which are beyond their

respective control. Such factors inc lude, among other things: risks and uncertainties relating to

Zacatecas Silver’s limited operating history, its proposed exploration and development activities

on is Zacatecas Properties and the need to comply with environmental and governmental

regulations. Accordingly, actual and future events, conditions and results may differ materially

from the estimates, beliefs, intentions and expectations expressed or implied in the forward -

looking information. Except as required under applicable securities legislat ion, Zacatecas Silver

does not undertake to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this

release.