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Sierra Madre Announces Grant of Stock Options

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Sierra Madre Gold and Silver (OTCQX: SMDRF) has announced the grant of 2,750,000 stock options to various stakeholders including employees, directors, management, and consultants. The options are priced at $0.73 per share with a five-year exercise period.

The majority of options will vest in three tranches: one-third immediately, one-third after six months, and the final third after 12 months. A special allocation of 40,000 options to Adelaide Capital, the company's investor relations consultant, will vest quarterly over one year. The grant remains subject to TSX Venture Exchange approval.

Sierra Madre Gold and Silver (OTCQX: SMDRF) ha annunciato l'assegnazione di 2.750.000 opzioni azionarie a vari soggetti, tra cui dipendenti, direttori, management e consulenti. Le opzioni sono offerte al prezzo di 0,73 $ per azione con un periodo di esercizio di cinque anni.

La maggior parte delle opzioni maturerà in tre tranche: un terzo immediatamente, un terzo dopo sei mesi e l'ultimo terzo dopo dodici mesi. Un'assegnazione speciale di 40.000 opzioni ad Adelaide Capital, consulente per le relazioni con gli investitori della società, maturerà trimestralmente nell'arco di un anno. L'assegnazione è soggetta all'approvazione della TSX Venture Exchange.

Sierra Madre Gold and Silver (OTCQX: SMDRF) ha anunciado la concesión de 2.750.000 opciones sobre acciones a diversos interesados, incluyendo empleados, directores, gerentes y consultores. Las opciones tienen un precio de 0,73 $ por acción con un período de ejercicio de cinco años.

La mayoría de las opciones se consolidarán en tres tramos: un tercio inmediatamente, un tercio después de seis meses y el último tercio después de doce meses. Una asignación especial de 40.000 opciones a Adelaide Capital, consultora de relaciones con inversores de la compañía, se consolidará trimestralmente durante un año. La concesión está sujeta a la aprobación de la Bolsa de Valores TSX Venture.

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옵션 ëŒ€ë¶€ë¶„ì€ ì„� 차례ì—� ê±¸ì³ ë² ìŠ¤íŒ…ë©ë‹ˆë‹¤: 1/3ì€ ì¦‰ì‹œ, 1/3ì€ 6개월 í›�, 나머지 1/3ì€ 12개월 í›„ì— ë² ìŠ¤íŒ…ë©ë‹ˆë‹¤. 회사ì� 투ìžìž� ê´€ê³� 컨설턴트ì� Adelaide Capitalì—� 대í•� 특별 할당 40,000 ì˜µì…˜ì€ 1ë…� ë™ì•ˆ 분기별로 베스팅ë©ë‹ˆë‹¤. ì� 부여는 TSX 벤처 ê±°ëž˜ì†Œì˜ ìŠ¹ì¸ì� 조건으로 합니ë‹�.

Sierra Madre Gold and Silver (OTCQX : SMDRF) a annoncé l'octroi de 2 750 000 options d'achat d'actions à divers acteurs, dont des employés, des administrateurs, la direction et des consultants. Les options sont proposées au prix de 0,73 $ par action avec une période d'exercice de cinq ans.

La majorité des options seront acquises en trois tranches : un tiers immédiatement, un tiers après six mois, et le dernier tiers après douze mois. Une allocation spéciale de 40 000 options à Adelaide Capital, le consultant en relations investisseurs de la société, sera acquise trimestriellement sur une période d'un an. L'octroi reste soumis à l'approbation de la TSX Venture Exchange.

Sierra Madre Gold and Silver (OTCQX: SMDRF) hat die Gewährung von 2.750.000 Aktienoptionen an verschiedene Interessengruppen, darunter Mitarbeiter, Direktoren, Management und Berater, bekannt gegeben. Die Optionen sind mit 0,73 $ pro Aktie bewertet und haben eine Ausübungsfrist von fünf Jahren.

Der Großteil der Optionen wird in drei Tranchen freigegeben: ein Drittel sofort, ein Drittel nach sechs Monaten und das letzte Drittel nach zwölf Monaten. Eine spezielle Zuteilung von 40.000 Optionen an Adelaide Capital, den Investor-Relations-Berater des Unternehmens, wird vierteljährlich über ein Jahr freigegeben. Die Gewährung steht unter dem Vorbehalt der Genehmigung durch die TSX Venture Exchange.

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Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") announces that, pursuant to its Stock Option Plan, it has granted stock options to employees of La Guitarra Compania Minera, S.A. de C.V., certain directors, management and consultants of the Company, to purchase an aggregate of 2,750,000 common shares of the Company at the price of $0.73 per share for a period of five years from the grant date. The Options shall be granted under and subject to the terms and conditions of the Company's stock option plan (the "Plan") and subject to the rules and policies of the Exchange. 40,000 of the options were granted to the Company's investor relations consultant, Adelaide Capital and will vest ¼ three months after the date of the grant; ¼ six months after the date of the grant; ¼ nine months after the date of the grant and ¼ twelve months after the date of the grant. The remaining options will vest 1/3 immediately as of the date of grant; 1/3 six months after the date of the grant; and 1/3 12 months after the date of the grant. This stock option grant is subject to acceptance by the TSX Venture Exchange.

About Sierra Madre

Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) is a precious metals development and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted underground mine, which includes a 500 t/d processing facility that operated until mid-2018 and restarted commercial production in January 2025.

The +2,600 ha Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource.

Sierra Madre's management team has played key roles in managing the exploration and development of silver and gold mineral reserves and mineral resources. Sierra Madre's team of professionals has collectively raised over $1 billion for mining companies.

On behalf of the board of directors of Sierra Madre Gold and Silver Ltd.,

"Alexander Langer"
Alexander Langer
President, Chief Executive Officer and Director
778-820-1189

Contact:
[email protected]

Cautionary Note Regarding Forward-Looking Information

Neither the 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 news release.

To view the source version of this press release, please visit

FAQ

What is the exercise price of Sierra Madre's (SMDRF) newly granted stock options?

The stock options were granted at an exercise price of $0.73 per share with a five-year exercise period from the grant date.

How many stock options did Sierra Madre (SMDRF) grant in July 2025?

Sierra Madre granted a total of 2,750,000 stock options to employees, directors, management, and consultants.

What is the vesting schedule for Sierra Madre's (SMDRF) stock options granted in July 2025?

Most options vest in three tranches: 1/3 immediately, 1/3 after six months, and 1/3 after 12 months. Adelaide Capital's 40,000 options vest quarterly over one year.

How long can Sierra Madre (SMDRF) option holders exercise their July 2025 granted options?

The stock options have a five-year exercise period from the grant date.
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