Silicon Metals Corp. Announces Stock Option Grant

May 01, 2026 7:30 PM EDT | Source: Silicon Metals Corp.

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2026) - SILICON METALS CORP. (CSE: SI) (OTC Pink: SLCND) (FSE: X6U0) ("Silicon Metals" or the "Company") is pleased to announce it has granted an aggregate of 603,100 stock options (collectively, the "Options") to certain directors of the Company for the purchase of up to 603,100 common shares in the capital of the Company (each a "Share"), pursuant to the Company's Stock Option Plan.

The Options are exercisable for a period of 5 years at an exercise price of $0.175 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 CSE.

About Silicon Metals Corp.

Silicon Metals Corp. is focused on exploration and development of critical minerals, with a focus on high purity silica. The Company's Maple Birch Project, located approximately 30km south-east of Sudbury, Ontario, is a high purity quartz pegmatite project with a 3,000 tonne per year production permit. The Company holds a 100% interest in the Crystal Hills Project, located approximately 40 km north of the city of North Bay, Ontario, Canada, which consists of five mineral claims comprised of eighteen (18) cells totalling approximately 400 hectares. The Company also holds an undivided 100% right, title, and interest in the Ptarmigan Silica Project, located approximately 130km from Prince George, British Columbia, which has a 5-year exploration drilling and blast permit. The Company has also acquired an undivided 100% right, title, and interest in both the exploration stage Silica Ridge Silica Project located approximately 70km southeast from the town of MacKenzie, British Columbia, as well as the exploration stage Longworth Silica Project located approximately 85km East from Prince George, British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS OF

SILICON METALS CORP.

"Ray Wladichuk"

Ray Wladichuk
Chief Executive Officer and Director

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