AGMR ANNOUNCES CERTAIN DIRECTORS TO RECEIVE SHARES IN LIEU OF FEES

Silver Mountain Resources Inc. (TSXV: AGMR) has announced the commencement of preparatory activities aimed at restarting operations at its Reliquias Project, located in the Castrovirreyna district of Huancavelica, Peru. This development represents a significant step forward for the company as it moves to resume mining activities at what appears to be a previously operational silver project.

The announcement coincides with the company's decision to issue shares to certain directors in lieu of cash fees, indicating a strategic approach to preserve cash while advancing operational activities. This equity-based compensation structure is common among junior mining companies seeking to maintain liquidity during project development phases.

The restart of the Reliquias Project could position Silver Mountain to capitalize on current silver market conditions and demonstrates management's confidence in the project's economic viability. The Castrovirreyna district in Peru is known for its precious metals mineralization, and the restart of an existing operation typically involves lower capital requirements and faster time-to-production compared to greenfield developments.

For the broader mining sector, this represents another example of companies activating previously dormant assets in response to favorable commodity markets. The combination of operational restart preparations and conservative cash management through equity compensation suggests a balanced approach to growth and financial sustainability.