APOLLO SILVER ANNOUNCES CORRECTION TO WARRANT TERMS OF $25 MILLION STRATEGIC INVESTMENT BY ERIC SPROTT AND JUPITER ASSET MANAGEMENT

Apollo Silver Corp. has issued a correction to the warrant terms associated with their recently announced $25 million strategic investment. The financing round involves prominent investors Eric Sprott and Jupiter Asset Management, who are participating in a non-brokered private placement offering of 5,000,000 units priced at $5.00 per unit.

The involvement of Eric Sprott, a well-known precious metals investor, and Jupiter Asset Management signals institutional confidence in Apollo Silver's silver-focused strategy. This level of strategic investment demonstrates strong backing from sophisticated investors who typically conduct thorough due diligence before committing significant capital.

The $25 million injection provides Apollo Silver with substantial working capital to advance their silver projects and corporate objectives. The correction to warrant terms, while procedural in nature, ensures proper disclosure and transparency for all stakeholders involved in this significant financing round.

For the broader silver sector, this investment highlights continued institutional interest in silver-focused companies, particularly when backed by experienced precious metals investors. The substantial size of this financing positions Apollo Silver to potentially accelerate development activities and strengthen their position within the silver exploration and development space.