MAGMA SILVER : ANNOUNCES MARKETING AGREEMENT EXTENSION

About this update from Magma Silver Corp.

Vancouver, British Columbia - (May 29, 2026) - Magma Silver Corp. (TSXV: MGMA; OTCQB: MAGMF, FSE: BC21; WKN: A411DV) (the "Company") is pleased to announce it has extended its marketing agreement with AllPennyStocks.com Media Inc. ("APS"), previously announced on November 4, 2025. The extension is subject to the approval of the TSX Venture Exchange. AllPennyStocks.com Media Inc. Pursuant to the extended agreement with APS (the "APS Agreement"), APS will provide investor relation and marketing services to the Company over an initial term of six (6) months, commencing June 1, 2026, in consideration of an aggregate of US$13,500 or $2,250 monthly. APS will work with the Company to develop and release a series of media syndication articles through an expanded distribution circuit designed to increase investor awareness of the Company. APS is based in Toronto, Ontario and operates the website https://www.allpennystocks.com. Neither APS, nor any of its respective directors or officers own any securities of the Company or any right to acquire securities of the Company. APS is an arm's length party to the Company. APS, founded in 1999, is a leading authority in the micro-cap space, with its content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. AGORA The Company further announces the issuance of 100,892 common shares to AGORA Internet Relations Corp. ("Agora") at a deemed price of $0.28 per share, and 148,684 common shares at a deemed price of $0.19 per share, in each case pursuant to the investor relations services agreement previously disclosed on August 28, 2025. The agreement with Agora has not been renewed. As detailed in previous news releases, a total of 634,803 common shares were issued to Agora over an eight-month period.

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