Mr. Ray Wladichuk reports

SILICON METALS CORP. ANNOUNCES STOCK OPTION GRANT

Silicon Metals Corp. has granted an aggregate of 603,100 stock options to certain directors of the company for the purchase of up to 603,100 common shares in the capital of the company, pursuant to the company's stock option plan.

The options are exercisable for a period of five years at an exercise price of 17.5 cents per share and vest immediately. The options and underlying shares will be subject to a four-month hold period in accordance with the policies of the Canadian Securities Exchange.

About Silicon Metals Corp.

Silicon Metals is focused on exploration and development of critical minerals, with a focus on high-purity silica. The company's Maple Birch project, located approximately 30 kilometres southeast of Sudbury, Ont., is a high-purity quartz pegmatite project with a 3,000-tonne-per-year production permit. The company holds a 100-per-cent interest in the Crystal Hills project, located approximately 40 km north of the city of North Bay, Ont., Canada, which consists of five mineral claims composed of 18 cells totalling approximately 400 hectares. The company also holds an undivided 100-per-cent right, title and interest in the Ptarmigan silica project, located approximately 130 km from Prince George, B.C., which has a five-year exploration drilling and blast permit. The company has also acquired an undivided 100-per-cent right, title and interest in both the exploration-stage Silica Ridge silica project located approximately 70 km southeast from the town of MacKenzie, B.C., as well as the exploration-stage Longworth silica project located approximately 85 km east from Prince George, B.C.

We seek Safe Harbor.