Apollo Silver Clarifies Media Reports Regarding Ejido Benito Juárez Assembly

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VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX-V: APGO | OTCQB: APGOF | Frankfurt: 6ZF) wishes to clarify misleading media reports concerning the September 20, 2026 community assembly of Ejido Benito Juárez (the “Ejido”), located in Buenaventura Municipality, Chihuahua, Mexico.

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Certain media reports have inaccurately stated that the Ejido voted at the assembly to reaffirm its 2012 agreement prohibiting mining activity. The Company has confirmed with the attending notary that these reports do not accurately reflect the proceedings. As reported in the Company’s news release earlier today, the assembly to consider the lifting of the moratorium on mineral exploration and development affecting lands which include the Cinco de Mayo project (the “Project”) and the acceptance of a long-term access agreement was adjourned due to a lack of quorum. The Company understands that the Ejido will reconvene the assembly in accordance with Mexican agrarian law, likely in October.

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“The community has not yet decided this question, and it deserves the chance to do so through a fair and transparent process,” said Colin Sutherland, President and Chief Executive Officer of Apollo Silver. “Our commitment to the Ejido is unchanged. We remain focused on respectful engagement, on supporting the community, and on the safety of everyone involved.”

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The Company is not a participant in the Ejido’s assemblies or voting processes and will provide further updates as warranted.

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About Apollo Silver Corp.

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Apollo Silver Corp. is a mineral exploration and development company advancing the Calico Silver Project in San Bernardino County, California, and holds an option and earn-in interest in the Cinco de Mayo Project in Chihuahua, Mexico. The Company is listed on the TSX Venture Exchange under the symbol APGO, on the OTCQB under the symbol APGOF and on the Frankfurt Stock Exchange under the symbol 6ZF.

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ON BEHALF OF THE BOARD OF DIRECTORS

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Colin Sutherland
President and CEO

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For further information, please contact:

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Telephone: +1 (604) 428-6128

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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 release.

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Cautionary Statement Regarding “Forward-Looking” Information

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This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the calling, timing, process and outcome of the reconvened Ejido assembly, including the conduct of the assembly process, the attendance and voting requirements applicable to the assembly, and the potential lifting of the moratorium on mineral exploration and development that has been in place since 2012; the terms and execution of an access agreement with the Ejido; and the Company’s future plans, strategies, and objectives. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.