Silicon Metals Corp. Announces Voluntary Lock-Up of 100% of Outstanding Class of Warrants

Core Points - Silicon Metals Corp. has announced a voluntary lock-up of 100% of outstanding warrants, totaling 8,200,000 warrants, as part of a private placement financing that closed on August 8, 2025 [1][2] - The lock-up agreements require warrant holders to refrain from exercising their warrants and the common shares until March 9, 2026, with each warrant exercisable at a price of $0.055 for 24 months from issuance [2] - CEO Morgan Good expressed satisfaction with the unanimous agreement from warrant holders, highlighting investor loyalty and alignment with the company's corporate and operational strategies as it progresses into 2026 [3] Company Overview - Silicon Metals Corp. is focused on exploration and development in Canada, particularly in British Columbia and Ontario [4] - The company owns the Maple Birch Project, a high purity quartz pegmatite project with a production permit of 3,000 tonnes per year, located approximately 30 km southeast of Sudbury, Ontario [4] - Additionally, the company holds rights to the Ptarmigan Silica Project and has options for the Silica Ridge and Longworth Silica Projects, located in British Columbia [4]