Prince Silver Appoints Derek Iwanaka as Chief Executive Officer

Executive Summary

• Prince Silver Corp. announced the appointment of Derek Iwanaka as its new Chief Executive Officer, effective immediately.
• Iwanaka will be nominated for election to the Board of Directors at the upcoming annual general meeting on December 23, 2025.
• The company also confirmed the rescheduling of its AGM from December 16 to December 23, 2025 (record date remains November 11, 2025).

Key Details

• New CEO: Derek Iwanaka – brings 23+ years of investor relations, corporate development, and capital‑markets experience; has participated in >20 corporate transactions and helped raise >US$100 million via equity financings.
• Board Nomination: Iwanaka will be nominated for election to Prince Silver’s Board of Directors at the AGM scheduled for December 23, 2025.
• Previous Roles:
• Vice President, Investor Relations & Corporate Development – BeMetals Corp. (strategic acquisitions, project advancement).
• Vice President, Investor Relations – First Mining Gold Corp. (growth from mineral bank to gold developer; market cap increase from CAD$45 M to >CAD$500 M).
• Director of Investor Relations – Uranerz Energy Corp. (participated in CAD$320 M business combination with Energy Fuels Inc.).
• Education: Bachelor of Commerce, Marketing – University of Northern British Columbia.
• AGM Rescheduling: Original date December 16, 2025 → new date December 23, 2025 at 11:00 a.m. PST, Suite 2500‑700 West Georgia Street, Vancouver, BC. Record date unchanged (November 11, 2025).
• Quotes:
• Ralph Shearing, President & Director – “We are excited to welcome Derek as our new CEO… his leadership will be critical as we position the Company for its next stage of growth.”
• Derek Iwanaka – “I look forward to working with the team to unlock value for shareholders and advance the Company's strategic objectives.”

Notable Quotes

• Ralph Shearing: “Derek's track record in building shareholder value, executing strategic transactions, and leading investor communications makes him a tremendous asset as we advance Prince Silver's vision.”
• Derek Iwanaka: “With such a compelling precious metals assets located in one of the world's best mining jurisdictions, I look forward to working with the team to unlock value for shareholders and advance the Company's strategic objectives.”