Silver X Mining Announces Appointment of Vice President Investor Relations

Rhea-AI Summary

Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF) has appointed Fiona Grant Leydier as Vice President of Investor Relations and Corporate Marketing. With 17 years of experience, including a previous role at Great Panther Mining, she aims to enhance stakeholder communications. The Company will grant her 150,000 stock options, with vesting based on her tenure. Approval from the TSX Venture Exchange is pending. Silver X operates the Tangana silver project in Peru, focusing on creating shareholder value.

Positive

• Experienced leadership with Fiona Grant Leydier's appointment expected to strengthen investor relations.
• Issuance of stock options could align Ms. Grant Leydier's interests with shareholders.

Negative

• Dependence on regulatory approval for stock options and appointment raises concerns.
• Leadership transition may create short-term continuity challenges.

VANCOUVER, BC / ACCESSWIRE / February 6, 2023 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(FRA:WPZ) ("Silver X" or the "Company") announces the appointment of Fiona Grant Leydier as Vice President, Investor Relations and Corporate Marketing.

Ms. Grant Leydier brings over 17 years of experience leading multi-faceted stakeholder communications for publicly traded companies internationally and across diverse sectors. With a primary focus on the natural resource sector, Ms. Grant Leydier has led investor relations for numerous companies listed on the TSX and TSX-V in Canada and advised FTSE 100 and 250 clients in the UK in the areas of corporate and stakeholder communications. Most recently, she was the Vice President, Investor Relations for Great Panther Mining, a TSX and NYSE-listed precious metals producer with operations in Brazil, Mexico and Peru.

As part of Ms. Grant Leydier's appointment and pursuant to the Company's Stock Option Plan, the Company has agreed to grant 150,000 stock options (the "Options") to Ms. Grant Leydier, 50% of which will be granted after six months of employment and 50% after 12 months, at an exercise price to be determined at the time of grant. The Options will vest semesterly over a period of 12 months and will be exercisable for a period of 60 months. Ms. Grant Leydier's appointment and the Options are subject to the approval of the TSX Venture Exchange.

About Silver X Mining Corp.

Silver X is a Canadian silver mining company with assets in Peru. The Company's flagship asset is the Tangana silver, gold, lead and zinc project located in Huancavelica, Peru, 10 km north-northwest of the Nueva Recuperada polymetallic concentrate plant. Founders and management have a successful track record of increasing shareholder value. For more information visit our website at www.silverxmining.com.

ON BEHALF OF THE BOARD

José M. Garcia
CEO and Director

For further information, please contact:

Fiona Grant Leydier
Vice President, Investor Relations and Corporate Marketing
T: +1 604 831 8070
E: f.grant@silverxmining.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding "Forward-Looking" Information

This press release contains forward-looking information within the meaning of applicable Canadian securities legislation ("forward-looking information"). Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this press release, other than statements of current and historical fact, is forward looking information. Forward-looking information contained in this press release may include, without limitation, expected regulatory approval of the Options and Ms. Grant Leydier's appointment and the expected financial performance of the Company.

The following are some of the assumptions upon which forward-looking information is based: that general business and economic conditions will not change in a material adverse manner; demand for, and stable or improving price for the commodities we produce; receipt of regulatory and governmental approvals, permits and renewals in a timely manner; that the Company will not experience any material accident, labour dispute or failure of plant or equipment or other material disruption in the Company's operations at the Project and Nueva Recuperada Plant; the availability of financing for operations and development; the Company's ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; that the estimates of the resources at the Project and the geological, operational and price assumptions on which these and the Company's operations are based are within reasonable bounds of accuracy (including with respect to size, grade and recovery); the Company's ability to attract and retain skilled personnel and directors; and the ability of management to execute strategic goals.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the Company's annual and interim MD&As and in its public documents filed on www.sedar.com from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE: Silver X Mining Corp.

View source version on accesswire.com:
https://www.accesswire.com/738121/Silver-X-Mining-Announces-Appointment-of-Vice-President-Investor-Relations

FAQ

Who is Fiona Grant Leydier?

Fiona Grant Leydier is the newly appointed Vice President of Investor Relations and Corporate Marketing at Silver X Mining Corp., bringing over 17 years of experience.

What stock options were granted to Fiona Grant Leydier?

Silver X Mining Corp. granted Fiona Grant Leydier 150,000 stock options, vesting over 12 months, with approval pending from the TSX Venture Exchange.

What impact does Fiona Grant Leydier's appointment have on Silver X Mining?

Her appointment is expected to enhance investor relations and corporate communications, aligning with shareholder interests.

What is the main focus of Silver X Mining Corp.?

Silver X is focused on mining silver and other resources, primarily in its flagship Tangana project located in Peru.