16:39:29 EDT Tue 07 Apr 2026
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Silver Storm Mining Ltd
Symbol SVRS
Shares Issued 790,757,738
Close 2026-04-06 C$ 0.485
Market Cap C$ 383,517,503
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Silver Storm appoints Ragone CFO, Zamudio GM, Mexico

2026-04-07 11:59 ET - News Release

Mr. Greg McKenzie reports

SILVER STORM EXPANDS SENIOR LEADERSHIP AND TECHNICAL TEAM

Silver Storm Mining Ltd. has added four experienced mining professionals to its senior leadership team:

  • Fernando Ragone, chief financial officer;
  • Arturo Zamudio, general manager, Mexico;
  • Shane Ghouralal, PEng, director, technical services;
  • David Travis, project director, Mexico.

Greg McKenzie, president and chief executive officer, commented: "This expansion of our leadership team provides a crucial mix of proven success in project execution, technical expertise and management experience to ensure that the company can meet its goal of restarting operations at the La Parrilla silver mine complex in the second quarter of 2026. I am thrilled to announce these additions to Silver Storm and will look forward to seeing their continued growth and success."

Fernando Ragone: Mr. Ragone joined the company with over 28 years of experience in the finance and mining industries. Most recently, he served as senior vice-president and chief financial officer at Wesdome Gold Mines Ltd. Mr. Ragone also served as chief financial officer at Baffinland Iron Mines Corp. and the North American zinc division of Glencore and held senior positions at First Majestic Silver Corp. and Primero Mining Corp.

Arturo Zamudio: Mr. Zamudio is a seasoned mining engineer with over 36 years of experience in mining operations in Mexico. He worked as general manager at the underground silver-lead-zinc La Colorada mine owned by Pan American Silver Corp., as well as at the El Castillo and San Agustin heap leach gold and silver mines owned by Argonaut Gold. Most recently, he served as director of strategic planning at MINpro S.A., a Mexico-based mining contractor company.

Shane Ghouralal, PEng: Mr. Ghouralal is a senior mining engineer and project manager with over 16 years of experience. He worked at BBA Consultants and WSP for eight years, where he provided project leadership, strategic planning and corporate advisory services. Mr. Ghouralal also worked at Vale S.A. for over six years where he held progressively senior mining engineering roles at the Thompson underground nickel mine in Manitoba. He is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

David Travis: Mr. Travis joined the company as project director, Mexico, focused on the mine and processing plant restart and operations at the La Parilla silver mine complex. He has over 25 years of experience in mine management, operations and administration. Mr. Travis held senior mine management roles at multiple underground polymetallic silver mines, including the Terronera and Guanacevi mines in Mexico owned by Endeavour Silver Corp. and the San Vicente mine in Bolivia owned by Pan American Silver Corp.

Pursuant to its 2020 amended and restated incentive stock option plan, Silver Storm has granted stock options of the company to certain officers, employees and consultants of the company, to purchase an aggregate of 12.5 million common shares of the company at the price of 50 cents per share for a period of five years from date of grant. The options all vest periodically in accordance with their terms. The options granted are under and subject to the terms and conditions of the plan and subject to the rules and policies of the TSX Venture Exchange. This stock option grant is subject to acceptance by the exchange.

About Silver Storm Mining Ltd.

Silver Storm Mining holds advanced-stage silver projects located in Durango, Mexico. Silver Storm is committed to advancing toward a potential near-term restart of its 100-per-cent-owned La Parrilla silver mine complex, a prolific operation comprised of a 2,000-tonne-per-day mill and three underground mines. The company also holds a 100-per-cent interest in the San Diego project which ranks among the largest undeveloped silver projects in Mexico.

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