June 9, 2026
Silver X Mining Corp. Announces Appointment of Joseph Gallucci to Board of Directors
Vancouver, British Columbia, 9 June 2026 – Silver X Mining Corp. (TSX-V: AGX) (OTCQB: AGXPF) (F: AGX) (Silver X or the Company) a precious-metals exploration, development, and production company operating a multi-asset platform in Peru, is pleased to announce the appointment of Mr. Joseph Gallucci, MBA, ICD.D, to its Board of Directors, effective immediately.
Mr. Gallucci is a senior capital markets executive and corporate director with over 20 years of experience in investment banking and equity research, focused on the global mining sector across precious metals, base metals, critical metals and bulk commodities.
He currently serves as Managing Director and Head of Mining Investment Banking at Ventum Financial. Over his career he has held senior roles at BMO Capital Markets, GMP Securities and Dundee Securities, was a founding principal of Eight Capital, where he led the firm’s mining investment banking team, and most recently oversaw the entire investment banking practice at Laurentian Bank Securities. He has been directly involved in raising several billion dollars for mining companies and has acted as lead advisor on a number of significant M&A transactions.
Earlier in his career, Mr. Gallucci spent over a decade in equity research covering the global mining sector at GMP Securities and Dundee Securities, where he served as Managing Director and Head of the Metals and Mining Research Team. He also currently serves as a director of several publicly listed mining companies.
Mr. Gallucci holds a Bachelor of Commerce from Concordia University and an MBA in Investment Management from the Goodman Institute of Investment Management and holds the ICD.D designation from the Institute of Corporate Directors. In 2021, he was named one of Concordia University’s Top 50 Under 50.
José M. Garcia, CEO of Silver X, commented: “We are very pleased to welcome Joseph to our Board. His deep expertise in capital markets and M&A, combined with decades of experience advising and financing mining companies around the world, will be invaluable as Silver X continues to scale production and execute its district-scale growth strategy in Peru. His insight and relationships will strengthen our access to capital at a pivotal stage in the Company’s development.”
Joseph Gallucci commented: “I have followed Silver X’s progress closely and have high regard for what the management team has built. The Company has a well-defined growth strategy, a quality asset base, and the financial discipline to execute on it. Having spent my career advising and financing resource companies, I believe Silver X is at an exciting inflection point and am honored to join the Board. I look forward to working alongside management to drive the Company’s financing strategy, capital markets positioning and long-term value creation for shareholders.”
Mr. Gallucci’s appointment is expected to strengthen the Company’s capital markets capability, corporate governance and strategic reach at a time when Silver X is focused on scaling production, advancing multiple mining fronts and pursuing long-term value creation across its asset base.
About Silver X
Silver X is a growing silver producer building a multi-asset precious metals platform in Peru. The Company’s portfolio includes the Nueva Recuperada Project, a district-scale land package of 20,795 hectares with three mining units and more than 200 exploration targets, as well as the recently acquired Pampas Project.
With existing production, scalable expansion opportunities, and significant exploration upside, Silver X is positioned for continued growth and long-term value creation. For more information visit our website at www.silverxmining.com.
On Behalf of the Board
José M. García
CEO and Director
For further information, please contact:
Susan Xu
Investor Relations
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Production without Mineral Reserves
The decision to commence production at the Nueva Recuperada Project and the Company’s ongoing mining operations as referenced herein (the “Production Decision and Operations”) are based on economic models prepared by the Company in conjunction with management’s knowledge of the property and the existing estimate of mineral resources on the property. The Production Decision and Operations are not based on a pre-feasibility study or a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with the Production Decision and Operations, in particular: the risk that mineral grades will be lower than expected; the risk that additional construction or ongoing mining operations are more difficult or more expensive than expected; and production and economic variables may vary considerably.
Cautionary Statement Regarding “Forward-Looking” Information
This press release contains forward looking information within the meaning of applicable Canadian securities legislation (“forward looking information”). Forward looking information is generally identified by words such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “targets”, “believes”, or similar expressions, including statements that certain events or results “may”, “could”, “would” or “will” occur. All statements other than historical facts constitute forward looking information, including, without limitation, statements regarding the filing of a technical report, an updated PEA, the evaluation of processing capacity beyond 3,000 tpd, the production profile contemplated in the 2025 PEA including average and peak annual production, the suitability of bulk underground mining methods and their expected costs, mine life, the achievement of a 1,000 tpd run rate, the timing of permits including the ESIA update to 1,500 tpd, future drilling and the conversion of Inferred resources, financing discussions, and the Company’s growth plans.
Forward looking information is based on a number of assumptions, including that general economic and business conditions will not materially worsen; commodity demand and prices will remain stable or improve; required permits and approvals will be obtained on a timely basis; operations will not be materially disrupted by accidents, labour issues or equipment failures; financing will be available; equipment and supplies will be accessible as needed; resource estimates and underlying assumptions (including size, grade and recovery) are reasonable; and the Company will be able to attract and retain qualified personnel and execute its strategic objectives.
Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking information, including but not limited to those risks described in the Company’s annual and interim MD&As and in its public documents filed on www.sedarplus.ca from time to time. Readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward looking information, except in accordance with applicable securities laws.
