Apollo Silver Announces CEO Transition; Colin Sutherland Appointed President and CEO

About this update from Apollo Silver Corp

Ross McElroy Steps Down as President, CEO and Director Effective July 15, 2026 VANCOUVER, British Columbia, July 16, 2026 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) announces that Ross McElroy has stepped down as President and Chief Executive Officer of the Company and has resigned from the Company's Board of Directors (the "Board"), effective July 15, 2026. The Company has entered into an agreement with Colin P. Sutherland, CPA, CA, under which Mr. Sutherland will assume the role of President and Chief Executive Officer, effective July 15, 2026. Mr. Sutherland is not joining the Board at this time. “On behalf of the Board and the entire Apollo Silver team, I want to thank Ross for his leadership and the many contributions he has made in advancing the Company's projects. Ross leaves the Company well positioned for its next phase of growth and we wish him well in his future endeavours,” said Tom Peregoodoff, Executive Chair of Apollo Silver. “At the same time, we are very pleased to welcome Colin Sutherland as our incoming President and CEO. Colin brings more than two decades of senior executive and financial leadership across gold and silver producers, having served as President, CEO, and CFO of companies operating internationally, in North America and more specifically, Mexico. His track record of capital markets execution, M&A leadership, and operational discipline makes him an excellent fit to lead Apollo Silver through its next stage of growth. Finally, to our shareholders, thank you for your continued trust and support as we build on the momentum Apollo Silver has established.” “I am honoured to join Apollo Silver at such an important stage in the Company's growth,” said Mr. Sutherland. “Apollo Silver holds one of the largest undeveloped primary silver assets in the United States, together with a high-quality option on the Cinco de Mayo project in Mexico. I believe my 20 plus years of corporate leadership and operating experience in Mexico, as well as other jurisdictions, is ideal for Apollo Silver’s current position and I look forward to working with the Board, management, and shareholders to advance these assets and build long-term value.” About Colin Sutherland Mr. Sutherland is a Chartered Professional Accountant with more than two decades of international experienc...

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