APOLLO SILVER ANNOUNCES $2.5 MILLION UPSIZE TO PREVIOUSLY ANNOUNCED FINANCING TO ALLOW FOR INSIDER PARTICIPATION

Apollo Silver Corp. has announced a significant upsize to its ongoing financing, increasing the previously announced non-brokered private placement by an additional $2.5 million to reach total aggregate gross proceeds of up to $27.5 million. The upsize demonstrates strong demand for the financing and reflects confidence in the company's silver-focused strategy.

The additional $2.5 million will be subscribed for primarily by insiders of the company, which represents a strong vote of confidence from management and board members in Apollo Silver's prospects. Insider participation in financings is often viewed positively by the market as it aligns management interests with shareholder value creation and demonstrates their belief in the company's future performance.

This substantial financing provides Apollo Silver with significant capital to advance its silver projects and corporate objectives. The $27.5 million in total proceeds positions the company well to execute its exploration and development programs, particularly in the current environment where silver prices have shown strength and investor interest in precious metals remains elevated.

The completion of this upsized financing represents an important milestone for Apollo Silver as it provides the financial foundation necessary to advance its silver-focused portfolio. The strong insider participation and total proceeds achieved suggest the company is well-positioned to capitalize on opportunities in the silver sector and execute its strategic initiatives.