Prince Silver Appoints Industry Veteran Marco Montecinos to Advisory Board and Grants Stock Options

Rhea-AI Summary

Prince Silver (OTCQB:PRNCF, CSE:PRNC) announced on November 4, 2025 the appointment of industry veteran Marco Montecinos to its Advisory Board; he will stand for election as a director at the Company's upcoming AGM.

Mr. Montecinos brings over 40 years of exploration experience and proximity to the Prince Silver Project (about 10 miles from Pioche, Nevada). The company also granted 950,000 incentive stock options exercisable at C$0.45 per share for five years, subject to Canadian Stock Exchange approval. Options vest over 24 months (25% after six months, then equal quarterly installments).

Positive

• Appointed exploration veteran with 40+ years of experience
• New adviser located ~10 miles from Prince Silver Project
• Granted 950,000 options at C$0.45 exercisable for five years

Negative

• Option grant is subject to CSE approval
• Director appointment requires shareholder approval at the AGM
• 950,000 options could dilute shareholders if exercised

VANCOUVER, BC / ACCESS Newswire / November 4, 2025 / Prince Silver Corp. (CSE:PRNC)(OTCQB:PRNCF)(FRA:T130) ("Prince Silver" or the "Company") is pleased to announce the appointment of Marco Montecinos to the Company's Advisory Board. Mr. Montecinos will also stand for election as a director at the Company's upcoming Annual General Meeting.

With over 40 years of hands-on experience in mineral exploration and business development across the Americas, Mr. Montecinos brings invaluable expertise to the Prince Silver team. He was pivotal in the discovery of the three million-ounce Marlin Gold Deposit in Guatemala and has contributed to the discovery of multiple gold deposits in Nevada, Mexico, and Central America. Marco has held senior roles, including Vice President of Exploration for Caza Gold Corp. and Montana Gold, and has provided consulting services to leading mining companies such as Francisco Gold, Phelps Dodge, Placer Dome, and Billiton.

Currently serving as Vice President of Exploration for Gunpoint Exploration Ltd. and US Critical Metals Corp., Marco also leads Tigren, Inc., a Nevada-based exploration services company with over 34 years of expertise in the industry.

Ralph Shearing, President & Director: "We are delighted to welcome Marco to Prince Silver, starting with his role on the advisory board with an invitation to become an independent board member at our next AGM when we will ask shareholders to approve additional board seats. Marco's extensive track record in Nevada-based exploration, from discovery to development, will be a tremendous asset as we continue to advance our projects. Additionally, his frequent presence in nearby Pioche, Nevada just 10 miles from our Prince Silver Project brings an added strategic advantage."

Option Grant
Prince Silver has granted an aggregate of 950,000 incentive stock options to directors, employees and advisors. The options are exercisable at a price of C$0.45 per common share for a period of five years from the date of grant, subject to approval by the Canadian Stock Exchange.

The stock option grant has been made in accordance with the Company's current equity incentive plan and will vest over a 24-month period, with one quarter vesting six months from the date of grant and the remainder vesting in equal quarterly installments every six months thereafter.

About Prince Silver Corp.
Prince Silver is a silver exploration company focused on advancing the Prince Silver Project in Nevada, USA. The historical deposit identified with historic drilling is open in all directions and is near surface. The Company also holds an interest in the Stampede Gap Project, a district scale copper-gold-moly porphyry system located approximately 15km north-northwest of the Prince Silver Project.

On Behalf of the Board of Directors

Ralph Shearing, Director, President
Email: rshearing@princesilvercorp.com
Website: www.princesilvercorp.com
Corporate Telephone 236-335-9383

Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: completion of the Acquisition and related transactions, proposed drill programs, amendments to the Company's website, property option payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, failure to obtain regulatory or corporate approvals, exploration results, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE: Prince Silver Corp.

View the original press release on ACCESS Newswire

FAQ

Who is Marco Montecinos and why did Prince Silver (PRNCF) appoint him on November 4, 2025?

Marco Montecinos is an exploration executive with 40+ years of experience; he was appointed to bring Nevada and regional discovery expertise to Prince Silver.

How many stock options did Prince Silver (PRNCF) grant on November 4, 2025 and at what price?

The company granted an aggregate of 950,000 incentive stock options exercisable at C$0.45 per share.

What are the exercise period and vesting terms for the PRNCF option grant?

Options are exercisable for five years and vest over 24 months with 25% vesting after six months, then equal quarterly installments.

Is the PRNCF option grant final or subject to approval?

The grant is subject to approval by the Canadian Stock Exchange.

Will Marco Montecinos become a director of Prince Silver (PRNCF)?

He will stand for election as a director at the Company's upcoming AGM, where shareholders will be asked to approve additional board seats.

How might Marco Montecinos' proximity to Pioche, Nevada matter to PRNCF investors?

His frequent presence about 10 miles from the Prince Silver Project may support on-site oversight and local exploration activity.