Capitan Silver to acquire land at Cruz de Plata project

Mr. Alberto Orozco reports CAPITAN SILVER EXECUTES DEFINITIVE AGREEMENT TO ACQUIRE STRATEGIC LAND PACKAGE IN DURANGO, MEXICO Capitan Silver Corp. has executed a definitive agreement to acquire a strategic property package at its Cruz de Plata project, previously announced letter of intent (LOI) on June 9, 2025. The newly acquired property consists of seven mineral concessions located immediately adjacent to and surrounding its Cruz de Plata silver project in Durango, Mexico. Key highlights: Acquisition of a 100-per-cent interest in seven mineral concessions totalling 2,171.4 hectares, directly adjacent to and surrounding the Cruz de Plata project; Increases Capitan Silver's total land position in the district by approximately 85 per cent; Expands the surface expression of the 2.5-kilometre silver-gold trend by to 3.7 km (additional 1.2 km to the east); This transaction allows for the consolidation of the land package while opening up additional ground for potential infrastructure development and optimizing the project design. Capitan is acquiring the properties from Minera Fresnillo S.A. de C.V. The price of the transaction is $4.0-million (U.S.), in two instalments: $2.0-million (U.S.), that was due and has been paid upon execution of the definitive agreement, and $2.0-million (U.S.) payable on or before the second anniversary of the closing. There are no royalties or share payments for this transaction. The agreement will be submitted to the Public Registry of Mines for final approval from the authorities. About Capitan Silver Corp. Capitan Silver is a Canadian exploration company focused on advancing its Cruz de Plata silver gold project located in Durango, Mexico. The company is led by a management team that has successfully advanced and developed several precious-metal operations in Mexico over the past 16 years. We seek Safe Harbor.