WRPSF - WRPSF STOCK NEWS

Silver X Mining Corp reported a strong operational update for April 2022, producing 61,412 silver equivalent ounces as it continues ramping up towards a target of 150,000 ounces per month. The processing plant achieved an average head grade of 9.59 oz/T AgEq and revenue of approximately USD $1,190,000 from concentrate sales. The plant is now fully operational post-expansion, reaching 500 Tpd in late April. Exploration drilling has revealed promising mineralization, with plans to update the Mineral Resource estimate soon.

Silver X Mining announced on March 15, 2022, that its common shares will start trading on the OTCQB Venture Market under the new symbol AGXPF from March 16, 2022. This follows the approval received on November 8, 2021. The shares will continue trading on the TSX Venture Exchange as AGX and on the Frankfurt Stock Exchange as WPZ. The OTCQB aims to provide a high-quality trading experience for investors and requires companies to meet certain financial standards and governance practices.

Silver X Mining Corp. has successfully completed a shares for debt transaction, initially announced on January 24, 2022. The company issued 780,250 common shares to settle accrued interest on a debenture, totaling CAD$249,680 as of December 31, 2021. All issued securities will be subject to a four-month hold period. Silver X operates primarily in Peru and Ecuador, with its flagship asset being the Nueva Recuperada silver lead zinc project.

Silver X Mining announces a debt settlement of up to CAD$249,680 through the issuance of common shares. A total of 780,250 shares will be issued to Baker Steel Resources Trust Limited at a price of $0.32 per share. This issuance is intended to pay accrued interest on a US$4 million unsecured convertible debenture held by Baker Steel. The transaction is subject to approval by the TSX Venture Exchange, with a four-month hold period on the securities issued.

Silver X Mining Corp. (OTCQB: WRPSF) has appointed Ronald Marino as its new Chief Financial Officer, effective January 17, 2022. With over 24 years of finance experience in the mining sector, Marino previously served as VP Finance at Excellon Resources and held significant roles at Anglo American. His appointment follows the departure of Matt Roma, who stepped down for other business opportunities. CEO Jose Garcia expressed confidence in Marino's expertise to enhance the company's growth trajectory.

Silver X Mining Corp. (OTCQB: WRPSF) reported significant progress at its Nueva Recuperada project in Peru for 2021. Notable achievements include 4,114 metres of mine development, 8,423 metres of drilling, and 732 surface channel samples. The company aims to expand its processing plant capacity from 600 to 720 tonnes per day by March 2022. For 2022, objectives include a new resource estimate and a Preliminary Economic Assessment (PEA), along with plans for extensive underground drilling and exploration at the Esperanza and Cauca projects.

Silver X Mining (OTCQB: WRPSF) announces that Echelon Wealth Partners Inc. has initiated analyst coverage on the company. The report can be accessed through a provided link. Silver X Mining is a Canadian silver mining firm focused on assets in Peru and Ecuador, notably the Nueva Recuperada silver lead zinc project in Huancavelica, Peru. The company aims to increase shareholder value through strategic management decisions and operational developments.

Silver X Mining Corp. (OTCQB: WRPSF) announced that Red Cloud Securities Inc. has initiated analyst coverage on the company. This new coverage aims to enhance visibility and provide insights into Silver X’s business prospects. The flagship asset, the Nueva Recuperada silver lead zinc project in Peru, remains a focal point for growth. The company, which operates in Peru and Ecuador, is led by a team with a proven record of increasing shareholder value. More details can be found in the full report linked in the press release.

Silver X Mining Corp. (OTCQB: WRPSF) announced promising results from its Tangana Mining Unit. Surface channel sampling identified two high-grade mineralized zones with grades of 1,034 g/t AgEq over 2 m and 3,814 g/t AgEq over 0.4 m. The ongoing exploration program has extended mineralization over 1.7 km horizontally and 400 m vertically, with plans for 10,000 metres of diamond drilling starting December 2021. Current inferred resources stand at 4,840,015 tonnes grading 116.33 g/t Ag, 3.35% Pb, and 1.63% Zn. An updated resource estimate is targeted for Q2 2022.