Safi Silver Announces Results of Annual General and Special Meeting

Safi Silver (PNTZF) shareholders approved all matters presented at the company’s annual general and special meeting, including re-approval of its stock option plan.

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10/15/2026 - 05:00 PM EDT

TORONTO--(BUSINESS WIRE)-- Safi Silver Corp. (TSX-V: SF, OTCPK: PNTZF) (“Safi Silver” or the “Company”) is pleased to report that all matters presented to shareholders in the Company’s management information circular dated August 31, 2026 (the “Circular”) were approved by shareholders at the annual general and special meeting of shareholders of the Company held on October 15, 2026 (the “Meeting”). Shareholders at the Meeting approved fixing the number of directors of the Company at five, the election of each of the director nominees set out in the Circular, being Jed Richardson, Larisa Sprott, Daye Kaba, Gabriel Ollivier and Grant Sboros, the appointment of McGovern Hurley LLP, Chartered Accountants, as auditor of the Company and the re-approval of the Company’s stock option plan.

Safi Silver management would like to thank shareholders for their participation and continuing support.

About Safi Silver Corp.

Safi Silver Corp. is a publicly traded Canadian exploration and development company with a core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the Company is advancing two exploration projects: Addana, which hosts silver-bearing polymetallic veins, and Silver Hill, a sedimentary copper prospect undergoing ongoing evaluation. In Namibia, Safi Silver holds the Kalahari Copperbelt Project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Meeting and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

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

ON BEHALF OF THE BOARD OF DIRECTORS

Jed Richardson
President & CEO