23:09:37 EDT Thu 20 Aug 2026
Enter Symbol
or Name
USA
CA



Silver Dollar Resources Inc
Symbol SLV
Shares Issued 75,585,305
Close 2026-08-20 C$ 0.30
Market Cap C$ 22,675,592
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Silver Dollar shareholders approve AGM resolutions

2026-08-20 21:11 ET - News Release

Mr. Gregory Lytle reports

SILVER DOLLAR RESOURCES ANNOUNCES AGM RESULTS AND PROVIDES OPERATIONAL UPDATE

All resolutions put forth at Silver Dollar Resources Inc.'s annual general meeting, held on Aug. 18, 2026, were approved by shareholders, with each resolution receiving at least 99.7 per cent of the votes cast.

The approved resolutions included the reappointment of Crowe MacKay LLP as the auditor of the company, setting the number of directors at four, and the election of Guillermo Lozano-Chavez (an independent director), Gregory Lytle (a non-independent director), Bruce MacLachlan (an independent director) and J.J. (Jeff) Smulders (a non-independent director) to Silver Dollar's board of directors.

"As we exit this year's AGM, with a robust balance sheet and the continued backing of our major shareholders, the goal is to turn the geological potential of our flagship La Joya silver (Cu-Au) project into tangible shareholder value while maintaining a lean operational footprint," said Mr. Lytle, president and chief executive officer of Silver Dollar. "Our fully funded drilling program is ongoing at La Joya, where we are testing for San Martin-type mineralization outside the area of the large, historic resource. We expect drilling to continue into mid-September and will report program results after all sample assays have been received and interpreted."

About the La Joya property

La Joya is a large, advanced exploration-stage project comprising 15 mineral concessions totalling 4,646 hectares and hosts the main mineralized trend (MMT), Santo Nino and Coloradito deposits.

The property is situated approximately 75 kilometres southeast of Durango, the state capital city, in a high-grade silver region with past-producing and operating mines, including Silver Storm's La Parrilla mine, Industrias Penoles's Sabinas mine, Grupo Mexico's San Martin mine, First Majestic's Del Toro mine and Pan American Silver's La Colorada mine.

The previous operator, Silvercrest Mines, released a preliminary economic assessment (PEA) National Instrument 43-101 technical report for La Joya in December, 2013. The PEA included a mineral resource estimate (MRE) for only the MMT and Santo Nino deposits that was primarily based on Silvercrest's drilling between 2010 and 2012. The MRE was reported to conform to CIM definitions and standards for resource estimation at that time. However, a qualified person of Silver Dollar has not done sufficient work to classify the historical resource and the company is not treating it as a current mineral resource. Independent data verification and an assessment of the mineral resource estimation methods are required to validate the historical mineral resource estimate.

La Joya is 100 per cent owned by Silver Dollar, subject to a 2-per-cent net smelter return (NSR) royalty on all minerals produced from the property. Metalla Royalty & Streaming Ltd. owns the NSR royalty.

Dale Moore, PGeo, the qualified person as defined by NI 43-101, has reviewed and approved the scientific and technical information contained in this news release. Mr. Moore is not independent of the company in accordance with NI 43-101.

About Silver Dollar Resources Inc.

Silver Dollar is a dynamic mineral exploration company focused on North America's premier mining regions. The company's flagship project is the large, advanced exploration-stage La Joya silver (Cu-Au (copper-gold)) project in the Mexican silver belt, where a 3,500-metre drilling program is in progress. The company is fully financed for 2026, having closed a financing with continued support from financial backers that include renowned mining investor Eric Sprott, the largest shareholder. Silver Dollar's management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

We seek Safe Harbor.

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