Mr. Ross McElroy reports

APOLLO SILVER ENGAGES EQUEDIA NETWORK CORPORATION FOR COMMUNICATIONS AND ADVISORY SERVICES

Apollo Silver Corp. has engaged Equedia Network Corp., an arm's-length service provider, to provide communications and advisory services in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

Based in Richmond, B.C., Equedia specializes in marketing, communications, media engagement and public awareness services within the mining and metals sector. Under a consulting services agreement dated Nov. 25, 2025, Equedia will provide communications, marketing and advisory services to the company for a three-month term for a one-time fee of $350,000 (U.S.), plus applicable taxes.

Equedia currently hold 6,000 common shares of the company, acquired through the open market. Equedia has advised that it may purchase additional common shares of the company during the term of the agreement. Equedia will not receive any common shares, options or other securities of the company as compensation.

The engagement is subject to the approval of the TSX-V.

About Apollo Silver Corp.

Apollo Silver is advancing one of the largest undeveloped primary silver projects in the United States. The Calico project hosts a large, bulk-minable silver deposit with significant barite and zinc credits -- recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. Additionally, the company has optioned Cinco de Mayo project in Chihuahua, Mexico, which is host to a major CRD (carbonate replacement deposit) that is both high grade and large tonnage. Led by an award-winning management team, Apollo's growth strategy is matched only by the scale of the opportunity ahead.

We seek Safe Harbor.