Apollo Announces Extension of Outside Date in Stronghold Agreement

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VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) — Apollo Gold & Silver Corp. (“Apollo” or the “Company”) (TSXV: APGO) is pleased to announce that it has agreed with Stronghold Silver Corp. (“Stronghold”) to extend the outside date of their previously announced amalgamation agreement from June 30, 2021 to July 12, 2021. In consideration for this amendment, Apollo has agreed to pay US$500,000 to Stronghold (the “Stronghold Extension”). Concurrent with the Stronghold Extension, Stronghold has agreed with Pan American Minerals Inc. (“Pan American”) to extend the outside date of the Waterloo Project asset purchase agreement from June 30, 2021 to July 12, 2021. In consideration for this amendment, Stronghold has agreed to pay US$500,000 to Pan American.

About Apollo Gold & Silver Corp.
Apollo Gold & Silver has assembled an experienced and technically strong leadership team who have joined to advance the precious metals deposits in tier-one jurisdictions with a focus on the Americas.

ON BEHALF OF THE BOARD OF DIRECTORS

“Tom Peregoodoff”
Tom Peregoodoff
Chief Executive Officer

For further information, please contact:
Tom Peregoodoff
Chief Executive Officer and Director
Tel: +1 (604) 428 6128
tomp@apollogold.com

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

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