Apollo strengthens its leadership team and launches strategic marketing initiative in the United States

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VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE) – Apollo Gold & Silver Corp. (“Apollo“or the”Company“) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is pleased to provide the following corporate update including the additions to its leadership team and the start of strategic marketing activities in the United States.

Additions to the management team

Apollo is pleased to announce that Mr. Ignacio Rosado has been appointed advisor to the Company. Mr. Rosado will provide strategic advice to the management team and support the advancement of Apollo’s portfolio of silver exploration and resource development projects.

Mr. Rosado has extensive technical, financial and operational experience. Most recently, he was Managing Director of Volcan Compania Minera SAA, previously Deputy Managing Director. Other roles previously included that of Vice President and Chief Financial Officer of Hochschild Mining Plc. and senior project manager at McKinsey & Company. He has served on the board of directors of companies listed on the Toronto Stock Exchange: Lake Shore Gold Corp., Zincore Metals, Cordoba Minerals and Kaizen Discovery. Mr. Rosado holds a degree in economics from the Universidad del Pacifico and an MBA from the Ross School of Business at the University of Michigan.

In addition, Mr. Alan O’Connor has been appointed General Manager – Calico Silver District effective August 15, 2021. Mr. O’Connor will play a critical role in advancing the Waterloo and Langtry silver projects and will report directly to from the CEO. Officer.

Most recently, Mr. O’Connor was the Superintendent of Operations for De Beers Canada Ltd. Prior to that, he held project manager positions for Peregrine Diamonds Ltd. and Stornoway Diamonds. He also has extensive international experience and has worked in the United States, Venezuela and Argentina. Mr. O’Connor holds a BA in Geology from the University of Western Ontario.

Commenting on these leadership changes, Apollo CEO Tom Peregoodoff said, “I am delighted to welcome Ignacio and Alan to the team. Ignacio’s deep experience in the mining industry, particularly the silver industry, will be a great addition to our growing team. Alan’s project management and operations experience, gained while managing large drilling programs in remote and challenging mining locations, will play a key role in advancing our barite projects. money in Waterloo and Langtry.

Corporate initiatives

Apollo announces that it has entered into a marketing and advertising agreement with Future Money Trends, LLC (“FMT”) of Nevada USA (the “Advertiser”). FMT deals at arm’s length with the Company and its directors and officers. Under this agreement, FMT will provide financial publishing and digital marketing services to Apollo for a period of one year. FMT will receive consideration of US $ 91,750 per month during the term.

The Company also announces the granting, subject to regulatory acceptance, of a total of 4,550,000 incentive stock options to certain officers, directors and consultants of the Company (the “Options“). The options have a term of 5 years and can be exercised at a price of $ 0.86 per common share.

Qualified person

Cathy Fitzgerald, P.Geo., Vice President, Exploration and Resource Development, is a Qualified Person as defined in National Instrument 43-101 and has reviewed and approved the technical content of this press release.

About Apollo Gold and Silver Corp.

Apollo Gold and Silver Corp. has assembled an experienced and technically sound management team who have come together to advance world-class precious metals projects in level one jurisdictions. The Company is focused on advancing its portfolio of three major pure silver exploration and development projects: the historic Waterloo and Langtry projects in San Bernardino, Calif. And the Silver District project in Arizona. .

ON BEHALF OF THE BOARD OF DIRECTORS

Tom peregoodoff
Chief executive officer

For more information, please contact:

Tom peregoodoff
Chief executive officer
Telephone: +1 (604) 428-6128
[email protected]

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

Caution regarding “forward-looking” information

Statements contained in this press release that are forward-looking statements are subject to various risks and uncertainties regarding specific factors disclosed here and elsewhere in the Company’s periodic filings with Canadian securities regulators. When used in this press release, words such as “will”, “could”, “, and similar expressions, are forward-looking statements.

Although Apollo Gold and Silver Corp. attempted to identify material factors that could cause actual results, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that cause actual results, performance or achievements are not as expected, estimated or expected. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates regarding future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Therefore, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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