Mr. Alvaro Espinoza reports

SILVER MOUNTAIN UPLISTS TO TORONTO STOCK EXCHANGE

Silver Mountain Resources Inc. will be uplisting to the Toronto Stock Exchange, effective at market open on Feb. 26, 2026. Following the uplisting from the TSX Venture Exchange to the TSX, the Class A common shares of the company will continue to trade under the current ticker symbol, AGMR, and the listed Class A common share purchase warrants of the company will continue to trade under the current ticker symbol, AGMR.WT.B.

Graduating to the TSX represents a significant milestone that is expected to enhance the company's visibility and improve access to a broader investor base.

Alvaro Espinoza, chief executive officer of Silver Mountain, commented: "We are thrilled to announce Silver Mountain's graduation to the Toronto Stock Exchange, which marks a significant milestone in our journey as a company. This achievement underscores the hard work and dedication of our team and the confidence we have in our strategy moving forward. We remain committed to delivering value to shareholders as we continue to execute on our vision for the future of Silver Mountain."

Following the uplisting to the TSX, the common shares and listed warrants will no longer trade through the facilities of the TSX-V and will be voluntarily delisted from the TSX-V, effective as of close of market on Feb. 25, 2026. Shareholders and warrantholders are not required to exchange their direct registration system advices or share or warrant certificates or take any other action in connection with the TSX uplisting.

The company will remain a reporting issuer under applicable Canadian securities laws through the listing transition process from the TSX-V to the TSX. The common shares will continue to be listed on the OTCQB Venture Market under the symbol AGMRF and on the Lima Stock Exchange under the symbol AGMR.

About Silver Mountain Resources Inc.

Silver Mountain Resources is a Canadian mining company focused on the exploration and development of silver projects in Peru. The company's principal asset is the Reliquias project, a past-producing silver mine located in the Castrovirreyna district of Huancavelica. Silver Mountain is committed to creating long-term value for its shareholders through responsible mining, strong community engagement and sustainable development practices.

We seek Safe Harbor.