Apollo Silver Announces $25 Million Strategic Investment by Eric Sprott and Jupiter Asset Management

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[{"type":"text","content":"Apollo Silver Announces $25 Million Strategic Investment by Eric Sprott and Jupiter Asset Management\nVANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce a non-brokered private placement offering of 5,000,000 units (the “Units”) of the Company at a price of $5.00 per Unit, for aggregate gross proceeds of $25,000,000 (the “Offering”), Eric Sprott and a fund managed by Jupiter Asset Management (the “Jupiter Fund”), Apollo Silver’s two largest shareholders are participating in the Offering. Mr. Sprott and the Jupiter Fund each will subscribe for 2,500,000 Units of the Company, for combined gross proceeds of $25 million. Following completion of the Offering, the Jupiter Fund will own approximately 12.1% of Apollo Silver’s issued and outstanding common shares, while Eric Sprott will own approximately 9.6%, on an undiluted basis. On a partially diluted basis, each investor’s ownership interest will increase accordingly. Andrew Bowering, Chairman of Apollo Silver commented: “We appreciate the continued support of both Eric Sprott and Jupiter Asset Management, our two largest shareholders. Their participation in this financing further aligns our largest shareholders with Apollo’s long-term strategy as we advance our portfolio and execute on our exploration and development plans.” Each Unit issued pursuant to the Offering will consist of one common share (a “Share”) in the capital of the Company and one-half (1/2) common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to purchase one Share at an exercise price of $7.00 for 24 months from the closing date of the Offering. All securities issued in connection with the Offering will be subject to a four-month hold period from the date of closing. Finder’s fees may be payable on some or all of the funds raised, in accordance with the policies of the TSX Venture Exchange (the “TSXV”). The Company intends on using the net proceeds from the Offering to fund exploration and development activities across the Company’s projects, as well as for general working capital an...

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