Guanajuato Silver Mexico Portfolio

Consolidated Mexican silver-gold producer with five producing underground mines and three flotation mills. Operating assets at year-end 2025 comprised El Cubo-Villalpando Mine Complex (incl. El Pinguico), San Ignacio, Valenciana Mines Complex, and Topia (Durango); the Bolanitos mine acquired from Endeavour Silver on January 15, 2026 became the Company's fifth producing mine. Headquartered in Vancouver, BC. Consolidated 2025 production from the four legacy mines (Topia, El Cubo, VMC, San Ignacio): 1,238,866 oz Ag, 10,321 oz Au, 2,787,175 lb Pb, 3,380,069 lb Zn. 2025 Bolanitos production (under prior Endeavour ownership): 608,388 oz Ag, 15,270 oz Au. Active brownfield exploration, conversion of historical resources to current resources and reserves estimation.