Apollo Silver Announces Return of Tom Peregoodoff as Board Nominee and Prospective Executive Chair

Apollo Silver Corp. announced a significant leadership transition with the nomination of Tom Peregoodoff to return as a board member and prospective Executive Chair at the company's annual general meeting scheduled for March 27, 2026. This marks Peregoodoff's return to an executive role after previously serving as the company's President and CEO, bringing over 30 years of natural resources sector experience including 18 years with global mining giant BHP.

Peregoodoff's extensive background includes serving as President and CEO of Peregrine Diamonds Ltd., where he successfully advanced the Chidliak diamond project in Nunavut before its acquisition by De Beers Canada. His experience spans corporate development, capital markets, project advancement, mergers and acquisitions, and governance across the full mining lifecycle. Following his appointment, company founder Andrew Bowering will step down as Chair but remain as a Director and significant shareholder, ensuring continuity while transitioning to the next phase of development.

The leadership change comes at a strategic inflection point for Apollo Silver, which owns the second largest undeveloped primary silver project in the United States. The Calico Project represents a large, bulk-minable silver deposit with significant barite and zinc credits, commodities recognized as critical minerals essential to U.S. energy, industrial and medical sectors. The company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, featuring a high-grade, large-tonnage carbonate replacement deposit.

This executive transition signals Apollo Silver's preparation for accelerated project development and value creation. With Peregoodoff's proven track record in advancing mining projects from exploration through acquisition, and his deep institutional knowledge of the company, the appointment positions Apollo Silver to execute its strategy more effectively. The retention of founder Bowering as a director ensures strategic continuity while bringing in seasoned operational leadership to guide the next phase of growth in the expanding silver and critical minerals sectors.