Mr. Jose Garcia reports

SILVER X MINING ANNOUNCES TERMINATION OF PRIVATE PLACEMENT

Silver X Mining Corp. has agreed to terminate its private placement as announced by the company on Oct. 30, 2024, due to current market conditions.

"Given the dramatic fall in the price of equities and in other metals, especially silver, we believe the market is no longer conducive for completing the offering on terms that would be in the best interests of the company's shareholders," said Jose Garcia, chief executive officer of Silver X.

About Silver X Mining Corp.

Silver X is a rapidly expanding silver producer and developer. The company owns the 20,472-hectare Nueva Recuperada silver project in central Peru and produces silver, gold, lead and zinc from its Tangana mining unit. Silver X is building a premier silver company that aims to deliver outstanding value to all stakeholders, consolidating and developing undervalued assets, adding resources, and increasing production, while aspiring to sustain the communities that support the company and stewarding the environment. Current production, paired with immediate development and brownfield expansion opportunities, presents investors with the opportunity to invest in the early stages of a silver producer with strong growth prospects.

We seek Safe Harbor.