Silverstock Announces Changes to Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2026) - Silverstock Metals Inc. (CSE: STK) ("Silverstock" or the "Company") announces that Messrs. Tom Panoulias and Gerald Shields have resigned as directors of the Company effective August 27, 2026. The Company is pleased to announce that Messrs. Chris Osterman and Leo Karabelas have been appointed as directors of the Company, effective August 28, 2026, to fill the vacancies created by the resignations.

Jonathan Fruchter, Chief Executive Officer and President of the Company, commented: "On behalf of the Board, I would like to thank Tom and Gerry for their service and contributions to Silverstock. We are pleased to welcome Chris and Leo to the Board and look forward to benefiting from their experience and perspectives as the Company evaluates opportunities for its next stage of development."

Chris Osterman

Chris Osterman has thirty years' experience in both metal production and exploration in North and South America, Africa, and Asia.

Most recently, Dr. Osterman played an integral role in the discovery and development of the San Jose silver deposit in Oaxaca, Mexico; and the Zuun Mod molybdenum deposit in Mongolia. Dr. Osterman's area of expertise lies in new project reconnaissance and exploration strategy. Dr. Osterman completed a PhD at the Colorado School of Mines focusing on sediment-hosted copper deposits in Namibia.

Dr. Osterman holds a BSc Mining Eng., MSc Geol. Eng. and PhD Geology.

Leo Karabelas

Leo Karabelas is a mining executive and capital markets professional with more than 20 years of experience in corporate development, investor relations, strategic financing and corporate communications. He currently serves as Vice President, Capital Markets at San Cristobal Mining Inc., where he played an instrumental role in the Companys 2023 acquisition of Minera San Cristóbal.

Mr. Karabelas is also the founder and President of Focus Communications, a Toronto-based investor relations, corporate communications and advisory firm focused primarily on the natural resources sector. Throughout his career, he has advised numerous public and private mining companies on capital markets strategy, financing and corporate growth.

He currently serves as a Director of Labrador Gold Corp. and previously held the position of Vice President of Corporate Communications at Novo Resources Corp.

Mr. Karabelas holds a Bachelor of Commerce degree in Management and Enterprise Development from Ryerson University.

About Silverstock Metals Inc.

Silverstock is a mineral exploration company focused on identifying and evaluating opportunities to acquire interests in mineral properties globally. The Company's objective is to acquire and advance prospective precious and base metal properties that it believes have the potential to create value for shareholders.

On behalf of the Board of Directors,
SILVERSTOCK METALS INC.

Jonathan Fruchter
Chief Executive Officer, President and Director

Reader Advisory

This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, the success of the Company's operations, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311985

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