Sierra Madre Gold and Silver Holds Annual Meeting; Elects Directors, Appoints Auditors

Sierra Madre Gold and Silver Ltd. reported on June 18, 2025, the outcome of its annual general meeting held in Vancouver, British Columbia. Shareholders overwhelmingly approved the election of five directors and the reappointment of Davidson & Company LLP as the company's auditors.

A total of 75,415,346 votes were cast, representing approximately 48.99% of the company's outstanding shares. The re-election of each director nominee received near-unanimous support, with over 99.87% of the votes cast in favour. The appointment of Davidson & Company LLP as auditors also passed with 99.954% of the represented shares voting in favour.

Additionally, shareholders approved the company's 10% rolling stock option plan. This plan allows for the granting of stock options to directors, officers, employees, and consultants.

Sierra Madre Gold and Silver Ltd. is focused on the development and exploration of precious metals. The company's Guitarra mine in Mexico is an underground mine with a 500 tonne per day processing facility, which resumed commercial production in January 2025. The Tepic project in Nayarit, Mexico, is also an area of exploration for gold and silver mineralization.

The company's management team has prior experience in the exploration and development of silver and gold resources, having raised over $1 billion for mining companies.