Mr. Ray Wladichuk reports

SILICON METALS CORP. ANNOUNCES APPOINTMENT OF MR. RAY WLADICHUK TO CHIEF EXECUTIVE OFFICER

Silicon Metals Corp. has appointed current director of the company Ray Wladichuk to the position of chief executive officer. Mr. Wladichuk, a successful entrepreneur and former professional athlete, has held numerous C-suite, director and technical roles in the mineral exploration, engineering and construction industries in his more than 15 years of experience. He is a professional geoscientist registered in British Columbia and Ontario and holds a bachelor of science in Earth sciences and a graduate diploma in business administration from Simon Fraser University.

"The team at Silicon Metals has a plan to move this company to the next level and a focused vision to become a significant critical minerals company. We believe domestic sources of silica supply are at a major inflection point in North America and that we have assembled multiple exciting assets to take advantage of that opportunity. I am excited to put our plan into action and begin unlocking the value of our projects across Canada," stated Mr. Wladichuk.

The company also wishes to announce the resignation of Morgan Good as chief executive officer and from the board of directors. The company thanks Mr. Good for his time and valiant efforts over recent years in management, assisting the company to advance its corporate and operational initiatives to this point, and wishes him all the best in his future endeavours.

About Silicon Metals Corp.

Silicon Metals is currently focused on exploration and development in Canada, namely British Columbia and Ontario. The company's Maple Birch project, located approximately 30 kilometres southeast of Sudbury, Ont., is a high-purity quartz pegmatite project with a 3,000-tonne-per-year production permit. The company holds a 100-per-cent interest in the Crystal Hills project, located approximately 40 kilometres north of the city of North Bay, Ont., Canada, which consists of five mineral claims comprising 18 cells totalling approximately 400 hectares. The company also holds an undivided 100-per-cent right, title and interest in the exploration-stage and now fully permitted (five years) Ptarmigan silica project, located approximately 130 kilometres from Prince George, B.C. The company has also acquired an undivided 100-per-cent right, title and interest in both the exploration-stage Silica Ridge silica project, located approximately 70 kilometres southeast from the town of MacKenzie, B.C., as well as the exploration-stage Longworth silica project located approximately 85 kilometres east from Prince George, B.C.

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