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Silver47 Announces Grant of Stock Options and Restricted Share Units

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Silver47 Exploration (OTCQB: AAGAF) has announced the grant of equity-based compensation to company insiders. The company has awarded 5.3 million stock options at an exercise price of C$0.78 with immediate vesting and a five-year expiration term. Additionally, 180,000 Restricted Share Units (RSUs) were granted, which will vest over a two-year period beginning one year from the grant date.

Silver47 Exploration (OTCQB: AAGAF) ha annunciato l'assegnazione di compensi basati su azioni agli operatori interni della società. L'azienda ha assegnato 5,3 milioni di stock option a un prezzo d'esercizio di C$0.78 con vesting immediato e una scadenza di cinque anni. Inoltre, sono stati concessi 180.000 Restricted Share Units (RSU), che matureranno in un periodo di due anni a decorrere dal primo anno dalla data di concessione.

Silver47 Exploration (OTCQB: AAGAF) ha anunciado la concesión de compensación basada en acciones a los insiders de la empresa. La compañía ha otorgado 5,3 millones de opciones sobre acciones a un precio de ejercicio de C$0.78 con adquisición inmediata y una vigencia de cinco años. Además, se concedieron 180.000 Unidades de Acciones Restringidas (RSU), que se adquirirán en un periodo de dos años a partir de un año desde la fecha de concesión.

Silver47 Exploration (OTCQB: AAGAF)가 회사 내부자에게 주식 기반 보상 지급을 발표했습니다. 회사는 5.3백만 주의 주식옵션행사가격 C$0.78로 부여했으며 즉시 취득권이 있고 만료 기간은 5년입니다. 더불어 18만 주의 제한 주식단위(RSU)가 부여되었으며, 부여일로부터 1년 뒤부터 2년에 걸쳐 취득합니다.

Silver47 Exploration (OTCQB : AAGAF) a annoncé l'octroi d’une rémunération fondée sur les actions à des insiders de l’entreprise. La société a attribué 5,3 millions d’options sur actions à un prix d’exercice de 0,78 C$ avec une mise en droits immédiate et une période d’expiration de cinq ans. De plus, 180 000 Restricted Share Units (RSU) ont été accordées, qui se vestent sur une période de deux ans à partir d’un an après la date d’octroi.

Silver47 Exploration (OTCQB: AAGAF) hat die Gewährung von aktienbasierter Vergütung an Unternehmensinsider angekündigt. Das Unternehmen hat 5,3 Millionen Aktienoptionen zu einem Ausübungspreis von 0,78 C$ mit sofortigem Vesting und einer Ablauffrist von fünf Jahren vergeben. Zusätzlich wurden 180.000 Restricted Share Units (RSUs) gewährt, die über einen Zeitraum von zwei Jahren vesten und ab dem ersten Jahr nach dem Gewährungsdatum beginnen.

Silver47 Exploration (OTCQB: AAGAF) أعلنت عن منح تعويضات مبنية على الأسهم للمطلعين داخل الشركة. لقد منحت الشركة 5.3 مليون خيار أسهم بسعر ممارسة 0.78 دولار كندي مع استحقاق فوري وفترة انتهاء خمسة أعوام. بالإضافة إلى ذلك، تم منح 180,000 وحدة أسهم مقيدة (RSUs)، التي ستتحقق على مدى سنتين بدءاً من العام الأول من تاريخ المنح.

Silver47 Exploration (OTCQB: AAGAF)宣布向公司内部人员授予以股票为基础的补偿。公司已授予530万股股票期权,行权价为0.78加币即时归属,有效期为五年。此外,授予了180,000份受限股票单位(RSU),将从授予日期起一年后开始,在两年内逐步归属。

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Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") announces that it has granted an aggregate of 5,300,000 incentive stock options (the "Options") and 180,000 Restricted Share Units ("RSUs") to certain directors, officers and consultants of the Company in accordance with the Company's omnibus security based compensation plan. The Options are exercisable at a price of C$0.78 and will expire five years from the date of grant and will vest on the date of grant. The RSUs will vest over two years starting on the first anniversary of grant.

About Silver47 Exploration

Silver47 Exploration Corp is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America's most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.

For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled "Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd."

Qualified Person

The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the CEO of the Company and a qualified person as defined by National Instrument 43-101 — Standards of Disclosure for Mineral Projects.

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On Behalf of the Board of Directors
Mr. Galen McNamara
CEO & Director

For investor relations
Giordy Belfiore
604-288-8004
gbelfiore@silver47.ca

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to further the exploration and drilling on the Company's project in Alaska, Nevada and New Mexico and relating to shareholder and regulatory approval of the granting of stock options. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267332

FAQ

What stock options did Silver47 Exploration (AAGAF) grant in September 2025?

Silver47 granted 5.3 million stock options at an exercise price of C$0.78 with immediate vesting and a five-year expiration term.

How many RSUs did Silver47 (AAGAF) issue and what are their vesting terms?

Silver47 issued 180,000 RSUs that will vest over a two-year period, starting from the first anniversary of the grant date.

What is the exercise price of Silver47's (AAGAF) September 2025 stock options?

The stock options were granted with an exercise price of C$0.78 per share.

When do Silver47's (AAGAF) newly granted stock options expire?

The stock options will expire five years from the grant date of September 22, 2025.
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