16:11:11 EDT Fri 17 Apr 2026
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Silver X Mining Corp
Symbol AGX
Shares Issued 286,127,895
Close 2026-04-16 C$ 0.79
Market Cap C$ 226,041,037
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Silver X Mining appoints Ashcroft as director

2026-04-17 12:37 ET - News Release

Mr. Jose Garcia reports

SILVER X MINING CORP. ANNOUNCES APPOINTMENT OF MARK NJ ASHCROFT TO BOARD OF DIRECTORS

Silver X Mining Corp. has appointed Mark N.J. Ashcroft, PEng, to its board of directors.

Mr. Ashcroft is a professional mining engineer with approximately 40 years of experience spanning underground mine operations, project development, corporate finance and strategic advisory work across North and South America, and Australia.

He began his career underground at Inco and has since held senior executive and board positions at a number of public mining companies, including serving as president and chief executive officer of Stonegate Agricom, where he led the company through a successful $51.75-million initial public offering.

Mr. Ashcroft currently serves as president and chief executive officer of Aurelius Minerals Inc., principal of Sextant Mining Advisory Inc., and business development adviser, Americas, at Empress Royalty Corp. He also chairs the advisory board to the School of Engineering and Computer Science at Laurentian University.

Jose M. Garcia, CEO of Silver X, commented: "We are thrilled to welcome Mark to our board of directors, with his rare combination of hands-on underground mining experience, public company leadership and capital markets expertise. His track record in project development, financing and strategic execution will be highly valuable as Silver X continues to advance its production growth plans and broader district-scale strategy in Peru."

Mr. Ashcroft commented: "Silver X has assembled a compelling portfolio and a clear growth strategy anchored by existing production, restart opportunities and district-scale upside. I am excited to join the board at this stage of the company's development and look forward to supporting management as it works to create long-term value for shareholders."

Mr. Ashcroft's appointment is expected to strengthen the company's technical oversight, corporate governance and capital markets capability at a time when Silver X is focused on scaling production, advancing multiple mining fronts and pursuing long-term value creation across its asset base.

About Silver X Mining Corp.

Silver X is a growing silver producer building a multiasset, district-scale precious metals platform in Peru. The company's portfolio includes the Nueva Recuperada project, a district-scale land package of 20,795 hectares with two mining units and over 200 exploration targets, as well as the recently acquired Pampas project, which further enhances the company's scale and long-term growth potential.

Current production from the Tangana mining unit is increasing alongside the planned restart of the Plata, Red Silver and Blenda Rubia mines, supporting a path toward approximately six million AgEq (silver equivalent) ounces annually by 2029. The addition of the Pampas project strengthens the company's asset base and reinforces its strategy of evolving into a scalable, district-wide multiasset operator.

With existing production, scalable expansion opportunities and significant exploration upside across multiple assets, Silver X is positioning itself as a next-generation silver company focused on growth, diversification and long-term value creation.

We seek Safe Harbor.

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