Apollo Announces Effective Date of Share Consolidation

Core Viewpoint - Apollo Silver Corp. will proceed with a consolidation of its common shares at a ratio of five pre-Consolidation Shares for one post-Consolidation Share, effective September 15, 2025 [1][2]. Share Consolidation Details - The total number of shares currently issued and outstanding is 242,610,395, which will reduce to approximately 48,522,067 post-Consolidation [2]. - No fractional shares will be issued; any resulting fractions will be rounded to the nearest whole Share [3]. - The Company's outstanding incentive stock options, warrants, and other convertible securities will be adjusted proportionately to reflect the 5:1 Consolidation ratio [3]. Administrative Process - A letter of transmittal will be sent to registered shareholders with instructions for exchanging pre-Consolidation Shares for post-Consolidation Shares [4]. - Shareholders can obtain additional copies of the letter of transmittal through the Transfer Agent [4]. Company Overview - Apollo Silver Corp. is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico project, which has significant barite credits [5]. - The Company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit [5]. - Apollo is led by an experienced management team, positioning the Company to deliver value through exploration and development [5].