VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) — Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0) (“Apollo” or the “Company”) is pleased to announce that it has engaged 121 Group (HK) Ltd. (“121 Group”), to help build brand awareness and increase its visibility within the global mining investor community. Services will include media relations, investor engagement, content delivery and other investor relations services, through the 121 Group vetted investor network, which will be provided by a team based primarily in London, England.
In accordance with the agreement, 121 Group will begin its services from September 1, 2022, for an initial term of six months, which can be terminated with 30 days notice after the initial minimum contractual period. 121 Group will receive a monthly fee of $3,500 for its services. After the initial contract period, the agreement will continue, if agreed by both parties, on a monthly basis.
121 Group is an arm’s length party to the Company and, to the knowledge of the Company, does not currently hold any securities of the Company, but may purchase securities of the Company from time to time for investment purposes. The Company’s agreement with 121 Group is subject to acceptance by the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief executive officer
About Apollo Silver Corp.
Apollo Silver Corp. assembled an experienced and technically sound management team that came together to advance world-class precious metals projects in leading jurisdictions. The Company is focused on advancing its portfolio of two significant silver resource exploration and development projects, the Calico Silver Project in San Bernardino County, California and the Silver District Project in the La Paz County, Arizona.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution regarding “forward-looking” information
This press release contains “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities laws. All statements included in this press release, other than statements of historical facts, are forward-looking statements, including, without limitation, statements regarding the potential of Project Calico; the potential for identifying gold and barite resources at Calico; the possibility of expanding the resource estimate and improving its level of confidence, including prospective mineralization to strike and to depth; schedule of drilling and exploration activities. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect “, “potential”, “objective”, “budget” and “intent” and statements that an event or result “may”, “will”, “should”, “might” or “could” occur or be achieved and other similar expressions, including their negative forms.
Forward-looking statements are based on reasonable assumptions, estimates, analyzes and opinions of the Company’s management made in light of its experience and perception of trends, current conditions and anticipated developments, as well as other factors that management of the Company believes are relevant and reasonable in the circumstances on the date such statements are made. Forward-looking information is based on reasonable assumptions made by the Company as of the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of the Company’s business, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to: risks associated with mineral exploration and development; prices of metals and minerals; availability of capital; the accuracy of the Company’s projections and estimates; making mineral resource, interest rate and foreign exchange estimates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of ongoing exploration activities; government regulations; political or economic developments; environmental risks; insurance risks; capital expenditure; operational or technical difficulties related to development activities; staff relations; title deed competitions; changes in project parameters as plans continue to be refined; and the impact of the COVID-19 pandemic. The Mineral Resource estimate may be significantly affected by environmental, permitting, legal, title, fiscal, socio-political, marketing or other relevant issues. The quantity and grade of Inferred Mineral Resources reported in this estimate are uncertain in nature and there has not been sufficient exploration to define these Inferred Mineral Resources as Indicated or Measured Mineral Resources and there is no certainty that further exploration will result in their upgrading to an Indicated Mineral Resource. or category of measured mineral resources. Forward-looking statements are based on assumptions that management believes are reasonable, including, but not limited to, the price of silver, gold and barite; demand for silver, gold and barite; the ability to conduct exploration and development activities; timely receipt of all required approvals; the ability to obtain qualified personnel, equipment and services on a timely and cost-effective basis; the ability to operate safely, efficiently and effectively; and the regulatory framework regarding environmental matters, as well as other assumptions and factors as set forth herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information contained herein except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the expected financial and operating performance of the Company and the plans and objectives of the Company and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.